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Buying property in the Dominican Republic


Q. What is the Dominican's government attitude toward foreign investment?

A. The Dominican government officially welcomes international investors. A foreign investment law enacted in December 1995 allows unlimited foreign investment in nearly all sectors of the economy.  Governments change over the years but it is safe to say that at the moment the Dominican Republic still continues to encourage foreign investment.

Q. How are real estate transactions governed in the Dominican Republic?

A. Real estate transactions are presently governed by the Land Registry Law of amendments. A new Land Registry Law was enacted in 2005.  Since then a number of small amendments and enforcements to the system have made for a safer and indeed clearer way to purchase property with much less risk to the investor.  

Q. Are there any restrictions against foreigners owning real estate in the Dominican Republic?

A. There are no restrictions on foreigners purchasing real property in the Dominican Republic. In early 1998, laws were established stating that the only requirement for ownership is that the Title Registry Offices keep a record, for statistical purposes, of all purchases made by foreigners.

Foreigners are allowed to purchase property in the Dominican Republic with the same rights and obligations as a Dominican citizen.

Q. Is it relatively simple to acquire property in the Dominican Republic?

A. Acquiring property in the Dominican Republic is a straightforward transaction. However, anybody purchasing property in the Dominican Republic would be urged to exercise as much caution as they would with any other large financial transaction.

The agent working with you throughout the process should be able to assist you every step of the way.  If you don't feel comfortable with a specific agent then perhaps you should find another prior to the stage where you are actively looking at property.  You do not need to use the lawyer recommended by the agent. Hiring your own lawyer is therefore something you may wish to consider in order to avoid any conflict of interest. It is not uncommon for agents to recommend lawyers that they know and trust.  It is easy to do your own research to check if recommended lawyers are exactly who they say they are.

You are ultimately responsible for due diligence with your lawyer to ensure that all documentation ranging from title searches to surveys to furniture inventories (if applicable) has been properly verified and processed.

Guzman Ariza are the most respected firm of lawyers in the country.  Their website details the property purchasing process in much more detail.  This link will take you dirctly to their site:  Guzman Ariza

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Sosua
Moving away from the more traditional building styles at Hispaniola Residencial, this fine property offers som...
$ 839000 Sale
Bedrooms: 4
Building Size: 318 m2
photo count 11
Sell
Sosua
We are pleased to offer this delightful front row family apartment situated in the highly regarded Hispaniola ...
$ 899000 Sale
Bedrooms: 3
Building Size: 237 m2
photo count 14
Sell
Sosua
Front row perfection with unbeatable views.  You'll fall in love with this superb penthouse.  Situated in the...
$ 1100000 Sale
Bedrooms: 4
Building Size: 334 m2
photo count 20
Sell
Cabarete
We are pleased to offer buyers a great opportunity to purchase a two bedroom penthouse apartment at a reduced ...
$ 164900 Sale
Bedrooms: 2
Building Size: 92 m2
photo count 33
Sell
Sosua
Situated in an up-market cul-de-sac comprising of just a handful of quality homes, this villa comes to the mar...
$ 370000 Sale
Bedrooms: 4
photo count 51
Sell
Sosua
We are delighted to list this unusual opportunity to purchase a property that's ripe for conversion.  The vill...
$ 270000 Sale
Bedrooms: 5
photo count 42
Sell
Sosua
  Welcome to villa 76A in Casa Linda.  This villa is absolute perfection in an area of Casa Linda that is both...
$ 379900 Sale
Bedrooms: 3
Building Size: 185 m2
photo count 24
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Sosua
Welcome home!  This two bedroom, three bathroom villa is brand new on the market and is within easy walking di...
$ 140000 Sale
Bedrooms: 2
Building Size: 140 m2
photo count 12
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Cabarete
Located on the grounds of Cabarete East Beachfront Condominiums. This turn key condo is fully equipped and rea...
$ 249000 Sale
Bedrooms: 2
Building Size: 141 m2
photo count 15
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Jarabacoa
In the foothills of Pico Duarte one finds this well maintained property that currently has two bedrooms but co...
$ 225000 Sale
Bedrooms: 2
photo count 9
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Sosua
We are very pleased to offer this lovely two bedroom, three bathroom villa within the cozy community of Lomas ...
$ 160000 Sale
Bedrooms: 3
Building Size: 145 m2
photo count 19
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Cabarete
Why look anywhere else?  Sea Horse Ranch has been the number one gated community on the North Coat of the Domi...
$ 549000 Sale
Bedrooms: 4
Building Size: 480 m2
photo count 20
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Sosua
Welcome home.  This spectacular 3 bedroom, 3 bathroom villa in a mature area of Casa Linda won't last long at ...
$ 220000 Sale
Bedrooms: 3
Building Size: 155 m2
photo count 22
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Cabarete
Standing on an elevated position overlooking Encuentro beach is the new condominium project called Swell.  Thi...
$ 161920 Sale
Bedrooms: 2
Building Size: 101.2 m2
photo count 44
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Cabarete
What a find! This large and spectacular Italian architecture style 4 bedroom villa has the most fabulous sea v...
$ 850000 Sale
Bedrooms: 4
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Cabarete
This incredible, large and spectacular fully furnished bungalow is waiting for you. Totally turn-key this 3 be...
$ 550000 Sale
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Cabarete
Dominican Property Store are happy to offer this newly refurbished 2 bedroom, 1 bathroom apartment on the seco...
$ 195000 Sale
Bedrooms: 2
Building Size: 93 m2
photo count 22
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Sosua
The price for this lovely, self sufficient villa has been reduced for the summer season.  A MUST SEE!!. Situa...
$ 209000 Sale
Bedrooms: 3
Building Size: 160 m2
photo count 17
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Cabarete
Dominican Property Store are happy to offer this newly refurbished 1 bedroom, 1 bathroom apartment on the firs...
$ 145000 Sale
Bedrooms: 1
Building Size: 73 m2
photo count 22
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Cabarete
Dominican Property Store are happy to offer this newly refurbished 2 bedroom, 2 bathroom apartment in the beau...
$ 230000 Sale
Bedrooms: 2
Building Size: 117 m2
photo count 19
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Sosua
This two bedroom one bathroom home is located in the hills of Sosua.  The large 690 m2 lot is nicely sloped wi...
$ 110000 Sale
Bedrooms: 2
Building Size: 140 m2
photo count 12
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Cabarete
One bedroom apartments in Ocean Palms start at just $69000 for a 41m2 unit and rise depending on the size and ...
$ 69000 Sale
Bedrooms: 1
Building Size: 41 m2
photo count 15
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Sosua
Dominican Property Store is pleased to offer this very cute, 1 bedroom bungalow with a loft in the very popula...
$ 89900 Sale
Bedrooms: 1
Building Size: 68.08 m2
photo count 9
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Cabarete
Dominican Property Store are please to offer this unique opportunity to purchase an undeveloped lot on Kite Be...
$ 798000 Sale
photo count 12
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Bavaro
2 BEDROOM CONDO APARTMENT FOR SALE BAVARO CORTECITO PUNTA CANA Beautifully furnished and decorated 2BR on the...
$ 129000 Sale
Bedrooms: 2
Building Size: 107 m2
photo count 31
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Sosua
Sosua Realtors are very happy to introduce this beautifully appointed 3 bedroom, 2.5 bathroom, 2 level villa i...
$ 299000 Sale
Bedrooms: 3
Building Size: 169 m2
photo count 15
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Bavaro
PRICED TO SELL! WITH EASY DIRECT OWNER FINANCING. Miniumum down 45%, for 5-6 years. FULLY FURNISHED- TURN-KEY...
$ 89750 Sale
Bedrooms: 1
Building Size: 81.2 m2
photo count 7
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Sosua
This beautiful one bedroom apartment is a must see.  Located in Perla Marina and just steps to the beach this ...
$ 120000 Sale
Bedrooms: 1
Building Size: 72 m2
photo count 11
Sell
Cabarete
Spacious beachfront 3bdrm 3.5 bath penthouse with a garage is located at Cabarete East Condos and is a rare fi...
$ 405000 Sale
Bedrooms: 3
Building Size: 241.3 m2
photo count 12
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Sosua
This sweet one bedroom condo is located in one of the most sought after areas of Sosua.  Close enough to downt...
$ 64900 Sale
Bedrooms: 1
Building Size: 43 m2
photo count 12
Sell
Sosua
This beautiful condo in Sosua is a wonderful investment opportunity to either live in full time or part time a...
$ 220000 Sale
Bedrooms: 3
Building Size: 161 m2
photo count 15
Sell
Sosua
Located on the second line from Playa Alicia beach (just 50 meters or so from your front door)  is Hispaniola ...
$ 170000 Sale
Bedrooms: 2
Building Size: 105 m2
photo count 9
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Sosua
The owner is keen to sell this large third floor apartment with excellent views across the swimming pool and c...
$ 59900 Sale
Bedrooms: 1
Building Size: 83 m2
photo count 18
Sell
Sosua
Dominican Property Store are happy to present this 3 bedroom, 2 bathroom family villa located in a breezy, tra...
$ 129000 Sale
Bedrooms: 3
Building Size: 176 m2
photo count 10
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Sosua
We are pleased to offer this Colibri style villa with an additional apartment.  The villa has taken advantage ...
$ 220000 Sale
Bedrooms: 3
Building Size: 150 m2
photo count 11
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Sosua
Sosua Realtors are pleased to offer this Colibri style villa sited on a privileged plot within Residencial His...
$ 185000 Sale
Bedrooms: 3
Building Size: 134 m2
photo count 20
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Sosua
We are pleaed to offer this spacious, light and airy villa with a pleasing terrace, pool and gardens. An exce...
$ 339000 Sale
Bedrooms: 5
Building Size: 227 m2
photo count 10
Sell
Sosua
Here at Dominican Property Store we are pleased to offer you this furnished,  2 bedroom, 2 bathroom villa stan...
$ 139000 Sale
Bedrooms: 2
Building Size: 139 m2
photo count 18
Sell
Cabarete
Dominican Property Store are delighted to offer this exceptionally well maintained villa situated in Perla Mar...
$ 195000 Sale
Bedrooms: 2
Building Size: 120 m2
photo count 14
Sell
Sosua
Dominican Property Store are pleased to offer this fully furnished, 2 bedroom, 1 bathroom apartment in the lux...
$ 200000 Sale
Bedrooms: 2
Building Size: 92 m2
photo count 6
Sell
Cabarete
This beautifully designed contemporary villa has been designed with space and tranquillity in mind.  The open ...
$ 289000 Sale
Bedrooms: 4
Building Size: 230 m2
photo count 4
Sell
Sosua
Sosua Realtors offer a good sized piece of land in La Mulata 3.  The setting is very quiet and in part backs o...
$ 60000 Sale
photo count 14
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Sosua
If you are looking to invest in a luxurious club style lifestyle at a reasonable price then Don Quixote is the...
$ 115000 Sale
Bedrooms: 1
Building Size: 81 m2
photo count 5
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Sosua
If you are looking to invest in a luxurious club style lifestyle then Don Quixote is the place for you.    Do...
$ 185000 Sale
Bedrooms: 3
Building Size: 145 m2
photo count 20
Sell
Sosua
It's all about the WOW with this one bedroom apartment in Vista Mar.  The apartment is bright and airy, but yo...
$ 91500 Sale
Bedrooms: 1
Building Size: 80 m2
photo count 5
Sell
Cabarete
Close to the beach and perfect for kiting.  Just wander down to the ocean in the afternoon and enjoy one of th...
$ 43500 Sale
photo count 5
Sell
Cabarete
This one bedroom ground floor apartment is situated in the fifty two unit Royal Residence condo in the centre ...
$ 120000 Sale
Bedrooms: 1
Building Size: 65 m2
photo count 5
Sell
Cabarete
This two bedroom second floor apartment is situated in the fifty two unit Royal Residence condo in the centre ...
$ 149500 Sale
Bedrooms: 2
Building Size: 81 m2
photo count 5
Sell
Cabarete
If you are looking for a reasonably priced, beach-side apartment in a very friendly and well managed condo the...
$ 129000 Sale
Bedrooms: 1
Building Size: 65 m2
photo count 4
Sell
Cabarete
We are pleased to offer buyers a great opportunity to purchase a studio apartment at a reduced price in the Do...
$ 67500 Sale
Bedrooms: 1
Building Size: 38 m2
photo count 6
Sell
Sosua
What an excellent opportunity to buy into Casa Linda and enjoy this superb villa situated at the end of a quie...
$ 295000 Sale
Bedrooms: 4
Building Size: 239 m2
photo count 5
Sell
Sosua
If you're looking for something very special in a community that offers genuine family entertainment, peace-of...
$ 990000 Sale
Building Size: 220 m2
photo count 5
Sell
Sosua
The price is right for this semi detached bungalow situated within the Tradewinds condominium.  The condo its...
$ 69900 Sale
Building Size: 70 m2
photo count 4
Sell
Sosua
Just steps from the ocean and in a very quiet residential area is located this ideal, large (nearly 3000 meter...
$ 190000 Sale
photo count 5
Sell
Sosua
We are pleased to offer lot 24a. A gorgeous plot of land in the secure of the gated development known as Hacie...
$ 299000 Sale
photo count 6
Sell
Sosua
If you're looking for an affordable penthouse in a central location then look no further. This bright and airy...
$ 165000 Sale
Bedrooms: 2
Building Size: 166 m2
photo count 5
Sell
Sosua
Constructed at a time when quality was key - this villa offers curb appeal the minute you set eyes on it.   T...
$ 198000 Sale
Bedrooms: 3
Building Size: 128 m2
photo count 5
Sell
Sosua
This 3 bed, 2.5 bath property is located in the hills of Sosua, just a short distance to the town. The owners...
$ 150000 Sale
Bedrooms: 3
Building Size: 140 m2
photo count 6
Sell
Sosua
This spacious 5 bedroom, 4 bathroom home is a must see.  Sitting on 2+ acres, the views from this property are...
$ 455000 Sale
Bedrooms: 5
Building Size: 604 m2
photo count 6
Sell
Sosua
For many years el Neptuno set the standard for quality apartments in the heart of Sosua.  This two bedroom uni...
$ 129000 Sale
Building Size: 112 m2
photo count 6
Sell
Puerto Plata
We are more than happy to present this beautifully maintained 3 bedroom, 2.5 bathroom home in the hills of Pue...
$ 179000 Sale
Bedrooms: 3
Building Size: 159.23 m2
photo count 4
Sell
Sosua
This 4 bed, 4 bath fixer upper is located in the hills of Sosua, just a 5 minute drive to the town centre. Th...
$ 170000 Sale
Bedrooms: 4
Building Size: 200 m2
 
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