A Lower Price Tag in the Dominican Republic

Friday, December 14, 2012

Dear Reader,

Take a look at this Caribbean island beach:

With 19 miles of beautiful beaches, it’s not surprising that Las Terrenas in the Dominican Republic is a popular spot for vacationers.

But property prices here might surprise you. You can buy a condo 200 yards from this beach for only $139,000.

You could jog on the beach in the early mornings. Cool off in the sea in the tropical afternoons. Stroll to a little beach bar to shoot the breeze over a couple of beers. Walk to grocery stores and restaurants. This condo’s central location is super-convenient.

The location appeals to renters, too. You could expect 70% occupancy if you rented it out short-term. High season runs from December to April. You can charge up to $190 per night during high season. Rates go down outside those high season months; renters usually pay $110 in low season if they rent for more than a week.

The condo is a three-bed two-bath corner unit on the ground floor with 1291 square feet of living space. That includes a large terrace for relaxing or entertaining that overlooks landscaped grounds. The complex has a swimming pool and social area:

The condo comes fully furnished. You can move right in and start enjoying Caribbean island life. Or you can start renting it straight away and generating rental income.

The owner needs to sell. He’s cut the asking price to $139,000. He’s firm at that price. It works out to $108 per square foot. That’s a good price for a condo in a great central location and a short stroll to the beach.

To get a full information pack,  contact local real estate agent Toni Green here.

Margaret Summerfield

Posted Under:

dominican republic, affordable property, beach condo, rental opportunity

Chill Weekends




Change Font Size:   A  A  A

Pathfinder is in the business of recommending a wide range of real estate and relocation services from developers and lawyers to real estate agents and tax specialists, to name but a few. Pathfinder requires developers to meet basic criteria before bringing them to you. However, any vetting we do on projects or professionals should not be construed as a guarantee by Pathfinder. Remember, the value of your real estate purchase can go down as well as up; there are no guarantees that property values will rise.

Pathfinder is not responsible for the management or delivery of chill weekends. We bring these to you for informational purposes on behalf of our developer and broker partners. As with any other overseas trip, we advise that you purchase travel insurance. We always recommend strongly that buyers perform their own complete due diligence, use a qualified legal professional to help with real estate transactions and purchase title insurance. Should a reader decide to purchase a property from one of the developers/real estate agents Pathfinder covers, Pathfinder will receive a fee from the developer or real estate agent.