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Introducing Co-Ownership: A New Way to Own Cabarete Real Estate

Introducing Co-Ownership: A New Way to Own Cabarete Real Estate

Dreaming of life in a tropical paradise, with endless days of sunshine and warmth? Or picturing yourself sipping drinks on white-sand Caribbean beaches? For many of us, this dream can feel out of reach, especially with the costs of traditional homeownership these days. But what if there was a more affordable way to claim your slice of Dominican paradise?

Introducing Casa Linda co-owner. These shares provide flexible access to five properties throughout the year, scaled to the total number of shares you own.

With this program, you get all the perks of villa ownership, but without the constant pressure of upkeep. Our property management company handles all of your home maintenance. Everything from daily cleaning to pool maintenance is handled for you, so you can simply enjoy your time in the DR!

Is Co-Ownership the Same as a Timeshare?

No, co-ownership is completely different from a timeshare. Most timeshares work by allowing you usage rights to a property. You do not own the property, but you are allowed to use it for a few designated weeks.

Unlike a timeshare, Co-Ownership gives you true ownership and the full flexibility to enjoy your Cabarete real estate properties. You can do nearly everything you would with a fully-owned villa! You’re not restricted to fixed weeks, can enjoy zero rental limitations, and even a share buy-back guarantee.

How Much Does Co-Ownership Cost?

To join the Casa Linda Co-Ownership program, you need to buy shares. The minimum amount of shares you’ll have to purchase is two, which costs a total of $27,000. These two shares provide you with four weeks that can be used among any of the five homes. Want to spend longer in paradise? Simply buy more shares for more access.

Along with your investment, there’s also a fixed monthly payment of $99. This fee takes care of all the villa management, including housekeeping, pool care, garden care, and electricity. Even better, there are no monthly fees for your first year!

What Perks Come with Co-Ownership?

There’s more to Co-Ownership than a stunning tropical villa! This Cabarete real estate program affords you several exclusive Casa Linda perks for your leisure. Whether you’re a young family seeking a Caribbean escape during the winter months or a semi-retired couple ready to dip your toes in the water, there’s something for everyone.

Here are our co-ownership exclusive perks:

  • 10 years of free access to the on-site waterpark
  • 10% off on-site Casa Linda restaurants and bars
  • Full access to the exclusive Casa Linda VIP Lounge

As an owner, you also get access to the same community amenities that every other Casa Linda member gets. This includes:

  • 24/7 welcome centre for owners
  • Complimentary shuttle access to Sosua and Cabarete
  • 3 km of walking trails
  • Mini golf
  • Courts for tennis, bocce ball, and shuffleboard

What If I Want to Transition to Full-Time Ownership?

If you decide you want to enjoy the beauty of the Dominican Republic cada día (Spanish for “every day”), we make it simple! At Casa Linda, we ensure that the transition process is simple, allowing you the freedom to join our thriving community of over 500 full-time Casa Linda villa owners.

If you choose to buy a new Casa Linda property within the first three years of your co-ownership, we’ll buy back your shares at full price plus 6% interest per year! This safety net ensures your Cabarete real estate investment is not only secure but also grows over time with us.

Claim Your Key to the Caribbean

Your Caribbean sanctuary is closer than you think. If you’re in the market to buy into Cabarete real estate but without the responsibility and cost of full ownership, our program might be right for you. Reach out today to learn more about Casa Linda’s co-ownership program—and get one step closer to a life of Dominican bliss.

4 Tips for Canadians Buying Property in the Dominican Republic

4 Tips for Canadians Buying Property in the Dominican Republic

If you’re a Canadian looking to trade in your ice scrapers and snowboots for sunhats and flip-flops, you’re not alone. Canadians buying property in the Dominican Republic have become a growing trend, as more expats than ever make their way to the island’s sandy shores. If you’re a Canadian wondering how to turn your dreams of tropical coastal living into reality, we’ve got you covered.

In this short article with Casa Linda, we’ll be highlighting a few of our favourite tips for Canadians buying property in the Dominican Republic. Let’s dive into the details!

Tip #1: Pick the Right Location for Lifestyle + Value

For Canadians buying property in the Dominican Republic, choosing a location is about more than deciding whether you want a beachfront property. Your experience living in the DR as an expat will vary significantly, depending on the region. Bustling cities like Santo Domingo offer unparalleled liveliness and local culture, but sacrifice the relaxed pace that may have drawn you to the DR initially. Meanwhile, prominent resort towns like Punta Cana may offer large-scale amenities, but won’t have the same deep cultural ties you may be looking for.

If you’re a Canadian considering buying property in the Dominican Republic, it’s highly recommended that you visit in person. Not only will you be able to see the community in person, but you’ll also get a feel for what daily life could look like, meet community members, and sit down with the seller or developer to walk you through the process in person.

Tip #2: Consider Cost-Effective Alternatives

The Dominican Republic is among the most cost-effective countries in the Caribbean for Canadians, being over 40% more affordable. This translates into nearly all aspects of daily life. From cappuccinos at local coffee shops to weekly grocery runs, and of course, housing!

There’s no way around it: homes in Canada can be pricey. The average home price in Canada is over $600,000—and readily climbing every year. Take Cabarete, for example, one of the most popular towns for Canadian expats. Here, newly constructed coastal homes can be found for under $280,000 CAD.

But if you’re only able to visit a few times a year, committing to buying a home can still seem out of reach. Fortunately, some DR expat communities offer flexible home ownership programs, perfect for Canadians! One of these options is programs like Casa Linda’s Co-Ownership. Through this exclusive Casa Linda program, you can become a fully-titled co-owner of multiple properties, perfect for those not yet fully retired or still trialing life in the Dominican Republic!

Tip #3: Understand Rental Potential

If you’re a Canadian buying property in the Dominican Republic, don’t underestimate the value of rental opportunities. The Dominican Republic is the second-most-visited country in the Caribbean. In 2024, the country saw a record-breaking 11.18 million visitors—that’s just as many as the country’s population! From the bustling resorts on the island’s eastern tip to the world-famous water sporting competitions in Cabarete, the DR has truly earned its title as the “Pearl of the Antilles.” Properties in highly desirable locations for short-term visitors can afford homeowners a sizeable return on investment. In Cabarete, the average daily rental cost is $159 per night.

Tip #4: Know the True Costs

Canadians buying property in the Dominican Republic should know that the process comes with a few considerations. Unlike buying a home in Canada, most developers in the Dominican Republic require an initial down payment of between 20% to 30% for foreign buyers. While this payment may seem much higher than the minimum 5% rate afforded to homebuyers in Canada, homes in the DR are generally far more affordable.

Along with this, there are other home-buying fees to be aware of:

  • A transfer tax of 3% based on the government assessment
  • Legal fees of 1% to 2% based on home purchase price
  • Ongoing maintenance costs, which cover housekeeping and amenities

Own Your Slice of Paradise

For Canadians buying property in the Dominican Republic, the options are truly limitless. Let’s make it happen, together. Casa Linda is among the most developed communities on the Dominican Republic’s north shores. With over 500 villas and multiple other developments over the years, we’ve been chosen by expats everywhere to enjoy safe, comfortable, and fulfilling living. Start the conversation with us today to learn more about how we can help transform your tropical villa ownership visions into reality.