Geographic Information
Description of Dominican Republic
Occupying a majestic plot in the warm waters of the Caribbean, the Dominican Republic boasts the kind of natural beauty that’s almost painful to gaze upon. Over recent years and decades, property values have skyrocketed as the region’s popularity with tourists grew above and beyond all reasonable expectations. Today, the Dominican Republic is a paradise of luxury resorts, exclusive marinas and breathtaking beaches the likes of which make for a genuinely secure place for foreign property investment.
Growth is expected to continue unabated for the coming years at least as the Caribbean’s largest economy continues to show its might as one of the world’s favourite destinations. Buying isn’t cheap and taxes on foreign investors tend to be high (29%), but the pay-off is usually more than worth the outlay.
Current Property Prices in Dominican Republic
17 properties listed for sale in Dominican Republic
2 bed houses:
3 listed for sale£107,767 to £126,556
Average: £114,383
3 bed houses:
3 listed for sale£211,966 to £316,392
Average: £274,922

Key Facts:
Currency: DOPTime Zone: Standard Time Caribbean (UTC – 4:00)
DialCode: +1-809, +1-829, +1-849
Languages: Dominican Spanish
Capital: Santo Domingo
Population: 9,445,281
GDP: $62.484 billion