The answer to that question will vary depending on the purpose of your future investment and your personal lifestyle.
If it’s for rental purposes, getting money back on your investment as well as enjoying your property a few weeks per year. The rental rates you can get with a beachfront unit in the up & coming beach town of Dr-luxuryrealestate are very good. Moreover, the local real estate market is developing towards projects such as condominiums with rental pools and hotel like services so that the owners don’t have to worry about anything. Other beach towns like Las Galleras, Sosua and Cabarete also offer good returns, but their market is less developed. Here is a list of good turnkey investment properties in Dr-luxuryrealestate.
In Santo Domingo, the DR realtor for great investments required is lower because the offer is greater and you cannot buy a condominium or a villa right in front of the beach, but if you manage to get a good property you can rent it to tourists, but also to travelers of business.
To live if you are a businessman, then Santo Domingo or Punta Cana. If you are looking for a more relaxed life and less noise, pollution, then Dr-luxuryrealestate, Cabarete or Las Galleras are good options for you. Cap Cana for people with a big budget and who prefer the most exclusive place in the Dominican Republic. More about where to live in the Dominican Republic.
How to choose the right real estate agency?
The truth is that everyone, from a taxi driver to a guy who works in a beachfront bar, will try to present himself as a person suitable for the job that can help you buy property in the Dominican Republic. Therefore, it is very important to choose a professional real estate agency when buying a property here.
This professional real estate agency needs to have experience in conducting real estate business. They also need to have a proper office and several employees with professional skills including getting a better price and clear transactions without headaches. A good real estate agency needs to have multilingual employees who speak both Spanish and English. This is very important, since the cooperation between the parties must be fluid and the knowledge of both languages means having access to a greater range of properties in the markets.
Reputable franchise agencies may not be the best option when buying property abroad. Most of these agencies only care about profit and have agents who have no local connections. It is always a better option to choose a local professional agency with local connections to ensure the purchase goes smoothly.