FAQs About Real Estate in Cabarete, Dominican Republic
Whether you’re looking for real estate in Cabarete, Sosúa or Puerto Plata, Residencial Casa Linda offers a wide range of real estate across the Dominican Republic. Below are frequently asked questions about buying real estate in Cabarete, Dominican Republic.
Why Buy Real Estate In Cabarete, Dominican Republic?
While Cabarete first gained attention as one of the world’s best places for sports like windsurfing and kiteboarding, Cabarete has much more to offer ex-pats and visitors. With its year-round warm weather, friendly locals, fun lifestyle, tropical beaches and low cost of living, Cabarete is definitely the place for your new home!
Another reason why many homeowners have chosen Cabarete to be their new home is because of its tight-knit ex-pat community, where everybody knows everybody and gets along very well! Despite being a tourist attraction, it’s a laidback, relaxed town with small-town vibes and a friendly atmosphere! With frequent flights from the U.S. and Canada, many snowbirds bought their summer homes in Cabarete. Unlike visiting other Latin American countries, flying to the Dominican Republic is very easy, cheap and relatively quick.
The vibe, the atmosphere and the activities are not the only reason ex-pats have purchased real estate in Cabarete, Dominican Republic, but the main selling point for ex-pats have been the affordable yet luxurious real estate options. Real estate prices make it almost impossible for anyone to turn Cabarete down!
For more than 20 years, Casa Linda Quality Communities has welcomed owners across North America and helped them find the villa of their dreams. We offer a variety of villa floor plans suitable for every budget, including 2-bedroom and 2.5-bath luxury villas for under 300,000 USD. Check out our villa plans and pricing for more details!
What Additional Costs Can I Expect to Pay When Buying Real Estate
Similar to purchasing real estate back home, buyers in the Dominican Republic are subject to legal fees, which are typically 1 – 1.5% of the purchase price. An additional 3% transfer tax is also required when purchasing real estate in Cabarete, Dominican Republic, to transfer the title of the property to the buyer’s name. The transfer tax is based on the government’s assessed property value, which is less than the market value. On average, most buyers pay from 2000 – 6000 USD on transfer tax, depending on the purchase price.
Will I Fully Own My Real Estate?
Yes. Real estate in the Dominican Republic is registered to buyers either in corporate or personal names, depending on the way they have chosen to structure their purchase. After purchasing the property, it’s fully titled to the buyer.
How Much Will Furnishing Cost?
The cost of furnishing fluctuates depending on your unique taste and style. Generally, the cost of furnishing is approximately around 10-15% of the villa cost, which includes electronics, furniture, pool equipment, window coverings, appliances, linens, kitchenware, etc.
At Casa Linda Quality Communities, we are more than happy to recommend several professional decorators to help you find your unique style and furnish your home according to your needs.
How to Purchase Real Estate In Cabarete, Dominican Republic?
Visit our website to see our wide range of villa floor plans, or stay in one of our vacation villas, where our staff will give you a tour of our current and previous projects as well as a tour of the beautiful Cabarete! If you decide to buy one of our luxury villas, we’ll reimburse 1,500 USD towards your flight!
Contact us today to learn more about our real estate options in Cabarete, Dominican Republic!