Frequently Asked Questions
Wondering Where to Start?
Excited to plan your new life in paradise, but have a million questions?
Below are some of our most frequently asked questions to help you find the information you’re looking for!
Buying Process & Costs
What additional costs can I expect when buying a villa?
Buyers are subject to legal fees, which are generally 1 to 1.5% of the purchase price. This amount includes all disbursements, due diligence and transfer of title. Additionally, a 3% transfer tax (to transfer the title of the property to their names is incurred by the purchasers. The amount is based on the government assessed value of the property, which is always less than market value. Most buyers pay from $2000-$6000 US (depending on purchase price).
Does Casa Linda charge any monthly fees?
Owners pay a Subdivision Fee to Casa Linda. This fee ranges from $328-$391/month USD depending on the on the number of bedrooms and includes security, outside maintenance of common area/lighting, office, garbage collection, shuttle bus service, owner liaison staff member.
How much is housekeeping and garden/pool service?
How Much Are Property Taxes?
Do foreign buyers have the same rights as Dominicans?
Will I fully own my villa?
How much will it cost to furnish my villa?
Do you offer financing?
For buyers requiring financing there are two options available:
- Use the equity you have. Obtain a home equity line of credit or do a refinance of an existing property in your home country. Rates are often better and the process easier.
- Take out a new mortgage in the Dominican Republic with a local bank. Our team will help you with the application process, pre-approval and eventual funding. A down payment of 35% minimum is required.
How much does Casa Linda charge to rent my villa?
COVER COSTS AND EARN RENTAL INCOME
Many of our owners use their villas as part time vacation homes and earn rental income. Casa Linda can recommend a number of excellent rental management companies in the area. These are experts at marketing your villa and keeping it rented.
RENTAL FOR INVESTMENT
For buyers purchasing to add to an investment portfolio or those looking to earn a more structured, stable income, you have the option of placing your villa in our successful vacation club program. As our vacation club grows, new villas are needed for our members and for Interval International vacationers. Casa Linda has several programs, some with guaranteed income available. Please ask us for more information.
What is a turnkey property?
Do I have to supervise the rentals?
How far is Casa Linda from the beach?
What is lock up and leave?
Where can I shop?
What is legal drinking age?
How much do I tip?
What is the currency?
Major credit cards are accepted at most tourist locations, but it is best to check in advance at small hotels, restaurants and shops.
ATMs are located in almost all of the Dominican Republic’s cities, as well as at most resorts. Large supermarkets have ATMs that are open until late.
How long am I allowed to stay in the DR?
NOTE: This is crucial for all prospective buyers and residents to know!
You can stay in the Dominican Republic for up 30-days per visit without having a residency permit. If you would like to extend your trip, you may extend it for up to 120 days. The process is online and a small fee is charged.
Residency is a simple process involving paperwork from your home country showing income, health, a criminal record check, birth certificate, etc. The process must be started in your home country and completed in the DR. We are happy to provide a referral to a local law firm that handles residency.
What is the size of the country?
Is the government secure?
Is it safe?
Casa Linda is a gated private community, affording you extra security with 24/7 surveillance and more.
Does the DR get hurricanes?
What is the weather like?
rain and it can be heavy, although brief, and usually overnight. The warmer season is approximately from May to October. Average temperatures rise to 31ºC (87ºF) during the daytime and drop to about 22ºC (72ºF) at night.
How many airports are there?
What are the entry requirements?
What is medical care like?
The Dominican is home to exceptional medical services offered by many English speakers. For emergency medical care or health problems that require a hospital, there are two well equipped private clinics in the Puerto Plata. For major procedures, Santiago offers hospitals that easily rival North America or Europe for services and care. Locally, Cabarete Medical Centre is a hospital that opened the summer of 2009. This first-rate facility has specialists from all over the world, as well as a state of the art hospital facility and diagnostic services. It is located just outside Sosua. Ambulance service and 911 emergency service is also part of this facility.
How much does health insurance cost?
Do I have to speak Spanish?
What type of power is on the island?
Can I drink the water?
Tap water in the DR is normally safe to use for cooking, washing clothes and bathing but not for drinking. Drinking water is available in 18 litre or 5 US gallon containers and is cheap at around US$1-2 per container. Many people purchase a water treatment system for their villas so the water becomes potable ($2500 US).