It can be hard to find a good property investment in North America’s inflated real estate market. Many Canadians and Americans are turning to foreign real estate and finding great deals in countries like the Dominican Republic, which boasts varied real estate prices, low living costs, and high tourism, not to mention gorgeous beaches and warm weather all year long!
Here are five countries where you can find good real estate deals. Keep reading to learn why Dominican Republic real estate is your go-to choice on the list and how you can invest your money in a Casa Linda villa!
Spain
A bustling tourist area if ever there was one! Whether you want a historic condo in Barcelona or a coastal cottage, this country offers plenty of variety for your next property investment. Spain's position as a major tourist attraction provides a great opportunity to list your property on Airbnb and generate rental income from the comfort of your home country!
Portugal
Portugal’s less touristy areas offer great opportunities for property investment! Non-residential investors are allowed to take out mortgages, and you don’t need to live there to qualify. Portugal is also ranked among the top 10 safest countries in the world, which offers a greater guarantee of your property’s safety and value appreciation.
Costa Rica
If you’re looking for a peaceful country with a thriving economy, Costa Rica is a great place to purchase foreign property! Costa Rica’s government is stable, and the country overall is considered very peaceful, making it a safe place to purchase a vacation home or rental property. Although Costa Rica has stricter property laws than some of the other countries on this list, it also offers a great opportunity for high rental income and ROI.
Mexico
If you live in the US, you’ll have an easier time travelling to and from your foreign property by investing in Mexico! Their purchasing process is quite simple for foreign investors, and with the low cost of living, vibrant culture, and proximity to your home country, you’ll likely want to visit your property as much as possible!
Dominican Republic
Nothing beats the foreign investment opportunities in the DR! Tourist hotspots like Cabarete (where our Casa Linda villas are located) are prime locations for purchasing a vacation home or rental.
Buying a property in the Dominican Republic is very similar to the process in Canada and the US, and there are no purchase restrictions for foreign investors. In fact, our government encourages foreign property investment from North Americans, allowing you to qualify for certain tax breaks and incentives.
If you're over 65, you can benefit from full property tax exemption. The DR also offers plenty of resources for retirees and former US military members, making it a great retirement investment for older adults who want to embrace expat life!
Not to mention our low real estate prices; In the United States, the average cost for a single-family home is $398,400. At Casa Linda, we offer luxurious properties for a fraction of the price in the US and Canada, with our lowest starting at $199,700 USD. These properties include full landscaping, your very own inground pool, and access to community amenities—talk about a good deal!
Invest in Dominican Republic Real Estate with Casa Linda
If you’re interested in foreign property investment, partner with Casa Linda to buy your very own luxury villa or townhouse! Our villas are customizable to suit your lifestyle and preferences, ensuring you get the tropical retreat of your dreams.
Whether you mainly use your villa as a rental or vacation home, or take the leap and join our bustling expat community, Casa Linda offers the best deal for foreign property investment. So what are you waiting for? Contact us today to learn more about our floor plans and prices.
