Navigating the Dominican Real Estate Market

The Dominican Republic has become one of the most attractive destinations for real estate investment in Latin America, ranking as the second most visited country in the region, surpassed only by Mexico. With a stable economy, a constantly expanding tourism sector, and a government that actively promotes investor incentives, property acquisition in the country represents a strategic opportunity with high returns.

Currently, the diversification of the tourism offering is driving the development of new destinations and segments such as eco, luxury, cultural and wellness tourism. Areas like Punta Cana, Miches, Las Terrenas, Puerto Plata, and Cabarete lead the demand in the vacation market, while Santo Domingo, Santiago, and La Vega stand out for their urban and commercial growth. Likewise cities such as Jarabacoa and Constanza offer an ideal environment for mountain developments and sustainable housing projects.

Investing in real estate in the Dominican Republic not only ensures property appreciation in strategic locations but also offers attractive tax benefits through laws such as No. 158-01 for the Promotion of Tourism (CONFOTUR), which grants exemptions from property taxes for up to 15 years in designated tourism zones. Additionally, the country allows foreign nationals to purchase property without restrictions and provides various pathways to residency, both through investment and retirement programs.

These advantages—combined with high returns on vacation rentals and the overall stability of the real estate market—make the Dominican Republic an ideal destination for property acquisition.

In this guide, Pellerano & Herrera provides a detailed checklist outlining the essential steps to ensure a safe and transparent real estate acquisition, guaranteeing that your investment is supported by a solid and trustworthy legal process.

What’s Inside

A practical checklist to guide you through every stage:

  1. How to verify sellers and project permits.

  2. Understanding taxes and transfer fees.

  3. Cadastral evaluations and legal property status.

  4. Signing agreements and securing contracts.

  5. Steps to obtain your property title.

  • A bonus section on Green Flags vs. Red Flags in real estate transactions.

Why Download This Guide?

  1. Discover the essential steps to make a secure investment.

  2. Learn how to avoid legal risks when buying property.

  3. Get insights on tax incentives and residency benefits for foreign investors.

  4. Understand the green flags vs. red flags before closing a deal

Ready to Invest Safely in the Dominican Republic?

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