Frequently Asked Questions

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).

Owners pay a Subdivision Fee to Casa Linda. This fee ranges from $200-$350/month USD depending on the size of the lot and includes security, outside maintenance of common area/lighting, office, garbage collection.

These fees vary depending on a number of factors, including the number of days per week service is needed, the size of your villa, yard and pool. We are happy to send you the full outline of the costs for these services.

A 1% annual tax is assessed on real estate properties owned by individuals, (based on the cumulative value of all the properties they own) as appraised by government authorities. Properties are valued without taking into consideration any furniture or equipment to be found in them. The 1% is calculated only for values exceeding 6,858,885.00 DOP (about $150,000). For unbuilt lots, the 1% tax is calculated on the actual appraised value without the exemption. The real estate tax is payable every year on or before March 11, or in two equal instalments: 50% on or before March 11, and the remaining 50%, on or before September 11. The amount of the exemption is adjusted annually for inflation. The following properties are exempt from paying real estate tax: (a) farm properties; (b) homes whose owner is 65 years old or older, and has no other property in his or her name; and (c) properties owned by companies, which pay a separate tax on their company assets.

Yes! One of the aspects that makes property ownership unique in the DR is the fact that there are no restrictions on foreigners purchasing real property in the Dominican Republic. Homeowners have all the same legal rights as DR citizens.

Yes. Real estate in the Dominican Republic is fully titled to the purchaser. There is no bank trust or life lease. Property is registered to buyers either in their personal names or corporately, depending on how they have structured their purchase.

Just like decorating any home, the cost of furnishing fluctuates drastically depending on your personal tastes. A good rule of thumb is to use 10-15% of the villa cost to furnish. This will include everything in the home including electronics, pool equipment, furniture, kitchenware, appliances, linens, window coverings, etc. Casa Linda is happy to recommend several professional decorators for your convenience as needed.

Calling all beach bums! Sosua and Playa Alicia’s beaches are less than five minutes away by car and Cabarerte Beach is a mere 10 minutes. Casa Linda’s complimentary shuttle bus goes to them several times per day, meaning you’ll have plenty of chances to work on your tan in the sun.

For snowbirds or those who need to commute away from the community, lock up and leave ensures that your property will be taken care of in your absence. Casa Linda will make sure your villa is kept clean, in good repair and is watched in exchange for repair fees for maintenance fixes, monthly cleaning fees, etc.

Almost all major North American brands are readily available in the towns of Puerto Plata, Sosua and Cabarete. Big box stores like PriceMart (Cosco), Ikea, and La Sirena (Walmart) are a short drive away in Santiago or Puerto Plata. Sosua and Cabarete have large grocery stores and other shopping, including furniture stores and housewares.

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10% is customary but this amount is often included in your bill.

The Dominican Peso (RD$) is the official currency of the Dominican Republic. You can find the peso exchange rate for several international currencies at www.bancentral.gov.do/tasas_cambio/TMC4001.PDF

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.