Overview – Las Terrenas Real Estate
Las Terrenas is an idyllic beach town in the province of Samana on the northern coast of the Dominican Republic.
The town is popular with independent travelers who prefer to avoid the larger resorts more common in other parts of the country such as Punta Cana.
With no large hotels, the long, quiet beaches and lined by small boutiques, restaurants and bars, as well as beach houses and condominium residences which offer excellent value for money for prime beachfront real estate.
The small town tranquility and stunning beaches have attracted an interesting mix of buyers: affluent Dominicans from Santo Domingo who escape to Las Terrenas for long weekends and national holidays and a substantial community of expats from the USA, Canada, France, Germany, Italy and many other countries.
As a result Las Terrenas has a uniquely cosmopolitan feel that perfectly blends Caribbean beach town bliss with European flair.
Property prices in Las Terrenas remain far more affordable than many other places in the Caribbean and beachfront homes can be snapped up at a fraction of the price of elsewhere.
However, with prices rising rapidly, the window for opportunity and benefiting from significant capital appreciation is limited.
As the area has become better known among international property buyers and more popular with tourists, prices have risen alongside rental returns.
Many properties in prime spots can command very high average daily rates in peak season, so an investment in Las Terrenas real estate can deliver an excellent return on investment.
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Getting to Las Terrenas
The closest airport to Las Terrenas is El Catey which is just 30 minutes drive away.
There are flights to El Catey from the USA, Canada and Europe (London Gatwick).
Alternatively, you can fly to the airports in Puerto Plata, Santo Domingo or Punta Cana and then drive to Las Terrenas.