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THE NO. 1 CARIBBEAN PROPERTY SPECIALIST
EXPERTS IN DOMINICAN REPUBLIC REAL ESTATE, DOMINICAN REPUBLIC PROPERTY AND LAND FOR SALE
CALL USTHE NO. 1 CARIBBEAN PROPERTY SPECIALIST
EXPERTS IN DOMINICAN REPUBLIC REAL ESTATE, DOMINICAN REPUBLIC PROPERTY AND LAND FOR SALE
As Caribbean property specialists, we're here to guide you through your search. We can introduce you to a wide selection of residential property, land and commercial real estate in Dominican Republic and beyond.
Search Caribbean Property for Sale on our homepage.
In 1492 when Christopher Columbus laid his eyes on the island of Hispaniola (the island the Dominican Republic shares with Haiti), he declared it “...the most beautiful (country) that human eyes have ever seen”. Many Dominican Republic property buyers would say his words are as true today as they were then.
Today the Dominican Republic is a fascinating melting pot of original Taino, Spanish and American culture, all of which feature in the food and rich musical culture.
The Dominican Republic also boasts 1,000 miles of beautiful Caribbean beaches, and includes both the lowest point in the Caribbean (Lake Enriquillo), three mountain ranges which dominate the interior and 30,000 square miles of lush tropical islands to explore.
It is these factors which have drawn property buyers to the Dominican Republic. Property for sale offers very good value compared to other investment locations and includes very spacious luxury villas and apartments in Cabarete, Sosua, Puerto Plata and La Romana.
The Dominican Republic has emerged as the Caribbean’s top tourist destination, attracting more tourists than any other island. Property buyers and tourists alike are drawn to the pristine beaches, and the world-class championship golf courses, designed by golf legends, including Pete Dye, P.B. Dye, Jack Nicklaus, Robert Trent Jones Sr., Gary Player, Tom Fazio, Nick Faldo, Nick Price and Greg Norman.
The country is not only the largest tourist destination in the Caribbean, but also the second largest economy. The Dominican Republic's economic stability combined with political stability, as well as advanced telecoms and transportation networks (excellent road systems, nine international airports and twelve ports) are just some of the factors that make the country so attractive to property investors.
The Dominican Republic property buying process is relatively uncomplicated and there are no restrictions on foreign nationals buying property.
Upon signing a Sale / Purchase Agreement, the buyer usually pays a 10% deposit which is held in escrow by a lawyer. A Notary is required to oversee the purchase process which typically takes 6-8 weeks. The buyer will be required to pay a Transfer Tax, Stamp Duty and Notary fees.
If you are considering purchasing a villa, apartment or land in the Dominican Republic, 7th Heaven Properties would be delighted to hear from you, so please contact us.
Our partner Moneycorp can help you get the best exchange rates available to save money when buying Dominican Republic property or making overseas payments.
More: International Money Transfers for Caribbean Property Purchases.
Travelling to Dominican Republic to view property? Book flights and accommodation through our travel partner Flight Centre First and Business for holidays and property viewings.
Our partner Avolus is the one-stop boutique solution for private jets, helicopters, yachts and limousines. To arrange VIP transport to and in the Caribbean, contact us for more information.
Considering buying property in Dominican Republic and need assistance with tax advice, tax planning and asset management, our partner The Sovereign Group can assist.
More: Wealth Management.
