Luxury Apartments For Sale By Owner in Dominican Republic
Apartments In Dominican Republic For Sale By Owner, search for Dominican Republic luxury Apartments listed by Owners for sale in International Property Directory.
Featured Property:
NEW CONSTRUCTION 3 BED 2 BATH
Location
Sosua, Puerto Plata
Property Type
House
Bedrooms
3
Bathrooms
2
Price
$355,000
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High tourism supports short-term rental income, especially in luxury markets like Punta Cana and Casa de Campo where investors can generate good return on investments (ROI).
If buying in the Dominican Republic investors can use their properties for part of the year and rent the rest of the year if they wished to.
There are favorable tax benefits available under what is termed the Confotur Law (Tourism Incentive Law), which offers 15 years of property tax and transfer tax exemptions for qualifying projects.
Additionally there are no restrictions on foreign ownership, and over time the Dominican Republic has seen properties appreciate in value, especially in sought after coastal areas.
As properties such as beachfront villas or high-end condos can be purchased for less than in locations such as the Bahamas or Turks and Caicos, investing can be an attractive proposition.
