Question 1

Can foreigners buy property in the Dominican Republic?

Accepted Answer

Yes. Foreign nationals can purchase real estate in the Dominican Republic with the same rights as Dominican citizens. There are no restrictions on foreign ownership of property.

Question 2

What are the typical closing costs when buying property?

Accepted Answer

Closing costs generally range from 3.5% to 5% of the purchase price. This includes a 3% transfer tax, legal fees (around 1%), and registration fees.

Question 3

What is the expected return on investment for Caribbean real estate?

Accepted Answer

Rental yields in popular areas like Punta Cana and Cap Cana typically range from 6% to 10% annually, with additional capital appreciation of 5% to 8% per year depending on location and property type.

Question 4

Is financing available for international buyers?

Accepted Answer

Many developers offer direct financing with payment plans that typically include a reservation deposit, progress payments during construction, and a final payment at delivery. Bank mortgages are also available for qualified buyers.

Question 5

How does Caribium help with the buying process?

Accepted Answer

Caribium connects you with verified developers and licensed brokers. We provide market data, financial analysis, and AI-powered insights to help you make informed investment decisions. Our platform covers every step from discovery to closing.

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