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Country: Dominican Rep.
Capital: Sainto Domingo
Inhabitants: 8.6 Millions
Rates Exchange Direct Live
1US$ = 0.705€
1US$ = 33.64DOP*
1€ = 47.69DOP*
*DOP= Dominican Peso
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DOMINICAN REPUBLIC REAL ESTATE
The island of the Dominican Republic is one of the best destinations for tourists. The Dominican Republic receives over 3 million visitors a year and has a capacity of 60,000 hotel rooms and growing.
From your arrival to DR you will be seduced with the friendly smiles of the Dominicans, the hospitable and colorful atmosphere and the legendary warmth.
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The Dominican Republic spans an area of 48 679 km2 and occupies two thirds of the island known as Hispaniola. The official language is Spanish.
The population of Dominican Republic is estimated at 9 million people with approximately one third living in the capital of Santo Domingo. Here you'll find one of the most stable democracies in the Caribbean. There are 20 distinct geographical areas in the DR, 5,600 species of plants including more than 350 orchid types and 258 species of birds.
The North Coast is an exotic area with a tropical climate, lush vegetation (coconut palms, flushing flowers, mangroves etc…) rolling hills, paradise beaches, waterfalls, blue lagoons…
The capital of the North part of the Dominican Republic island is Puerto Plata.
The international airport of Puerto Plata (POP) is served by numerous airlines from all over the world, Europe, Canada, and the USA. The Santo Domingo International Airport (Las Americas) offers even more possibilities.
An additional international airport will be open this year in-between Nagua and Sanchez in the north coast of the dominican republic
The local currency is the Dominican peso. Actually the change is 1 USD for 33 Pesos or 1 Pound for 55 pesos. (See the currency converter on the website). For the real estate business the US dollars is very often used.
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The sporting and leisure activities include : horseback riding, quads, go-carts , tennis, golf, rafting , diving, surfing, kite surf, deep sea fishing …so be ready to enjoy yourself. You can also choose from a variety of tours as for example; whale watching in Samana, hiking Pico Duarte a 3,145 m mountain (highest mountain in the Caribbean), swimming with dolphins, visiting museums and some of the oldest historic sites in the Americas... |
About the city of Cabrera on the Costa Verde (Dominican Republic North Coast)
This small and typical fishing harbor village is located in the middle of the north coast of the Dominican Republic, 120 Miles from the airport of Puerto Plata, had kept his authenticity. - New projects like the opening of a new International Airport (60 miles from Cabrera), a developing Marina and luxurious residential urbanizations - will give a fantastic dynamism to this beautiful village!
For the Golfers, the Golf course of Playa Grande (10 min from Cabrera, near Rio San Juan) is a wonderful links with 18 holes along breathtaking ocean views - designed by Robert Trent Jones.
Beautiful, tropical and virgin beaches as: Playa Grande, Cabo Frances, Galeton, Diamante and La Entrada are very close to Cabrera. The sampling of delicious lobster and sea food at Playa Grande is an unforgettable memory.
About real estate and foreign investments in the Dominican Republic
In the Dominican Republic foreigners can easily purchase in real estate and own a property.
In the event of the owner’s death, property owned in the Dominican Republic will automatically become the property of the owner’s named beneficiaries. There is a one time transfer tax of 3% of the purchase price of the property. The attorney fees are an additional 1% of the purchase price. Residency is not required to buy a property in the Dominican Republic; however, our attorney will be happy to assist you in obtaining your residence if desired. Requiring about 3 months for completing, the residency process is easy and very affordable.
We collaborate with one the best construction company on the island. We can build your house between 6 to 9 months. We have extensive experience in real estate and can assure your dream home will be constructed with very high quality to ensure a value appreciation.
All constructions are suitable for tropical climates. Together, with our Swiss architect, we will design your dream home right down to the smallest detail. One story, multiple stories, columns, terraces, galleries, atriums, pools, gardens… We will build your home to express your taste and personality. As well if you desire we can build sustainable living homes. We will work together to realize your dreams of a beautiful, tropical, Caribbean villa.
Follow pages of our website and you will discover how it is easy to invest intelligently in the Dominican Republic and acquire a realty to live in or for rent. Just discover how real estate is interesting in the DR !
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