Dominican Republic Luxury Condos For Sale By Owner
Dominican Republic Luxury Condos for sale By Owner, find listings of Condos for sale by owner in Dominican Republic via International Property Directory.
Featured Property:
2 Story Oceanfront Cottage
Location
Gaspar Hernandez, espaillat
Property Type
House
Bedrooms
2
Bathrooms
2
Price
$290,000
Dominican Republic Condos for sale By Owner | Luxury Condos For Sale By Owners in Dominican Republic
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.
