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FAQs About Real Estate in Cabarete, Dominican Republic

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! 

Invest in the Dominican Republic

Invest in the Dominican Republic

One of the most visited islands in the Caribbean is the Dominican Republic. It has become THE place to be within its ex-pat communities. All year-round, you’ll experience sunshine, great weather and countless festivals! Once you step foot in the Dominican Republic, you’ll instantly fall in love with the vibrant culture, the freshly cooked food and the picturesque view from the island. 

Investing in the DR has exponentially increased in the last decade. Business people, entrepreneurs and retirees have opened restaurants, launched companies and paved their way into real-estate properties. It’s not too late for you to start your investment in the Dominican Republic, and here is how you can start. 

Safe Start

At the start of any new investment, it is normal to be concerned with the country’s economy, finances, and investment return. The Dominican Republic has seen remarkable GDP growth and a substantial poverty reduction in the past decade. It has trade agreements with almost 50 countries and has carried out essential trade policies worldwide since the 1990s. Starting an investment in the DR is a safe start for you as it is one of the strongest economies in Latin America, making it the most stable nation in the Caribbean Islands. 

Now that you have settled on investing in the Dominican Republic, you’re probably wondering: What can I invest in that is safe, affordable and has high returns? The best place to start would be real estate. 

dominican republic real estate investments

Real Estate in the Dominican Republic

Many countries are willing to let foreigners invest in real estate; however, only a few countries have a relatively easy residency process for those who want to move permanently. Once you begin your investment, you will definitely be looking to stay longer than 60 days in the country and check on your property as frequently as you need. The Dominican Republic is very accommodating and genuinely encourages foreign investors to begin their journey and embrace the culture.

What can I invest in with only a quarter of a million dollars? Well, with Casa Linda properties, you can start your investment as low as 185,000 USD. We offer free in-house architectural services as well, so you can build your own villa as you desire! Our villas range from guesthouses to a five-bedroom home; you can fully customize it as you see fit

Once you purchase your villa, Casa Linda Quality Communities offer the option of working with an approved Rental Host. This service will cover the marketing of your property on all major travel sites, managing bookings/reservations and providing you with monthly reports. We want you to have peace of mind when renting out your property. 

Learn more about investing in the Dominican by contacting our team today!

3 Reasons to Invest in Real Estate in the Dominican Republic

3 Reasons to Invest in Real Estate in the Dominican Republic

Are you ready to say goodbye to snow and ice forever? Have you considered packing your bags and moving somewhere a little more tropical? The Dominican Republic is home to a vibrant expatriate community where the laidback and relaxed lifestyle is wholeheartedly embraced! We can make moving to the Dominican Republic a breeze at Casa Linda. Our private communities and luxury villas will make you feel right at home. Located in stunning Sosua and Cabarete, you have ten customizable villas to choose from. Now is the time to invest in your future by purchasing real estate in the Dominican Republic. Below we’ll discuss some benefits of investing in real estate in the DR. Continue reading to learn more!

1. Political, Economic and Social Stability

Over the past two decades, the Dominican Republic has seen considerable GDP growth and poverty reduction. The solid legal framework and range of incentives for businesses, foreign property owners, and others from the country’s government have contributed to significant economic stability. All of these factors have created an island full of opportunities and stability. The DR even offers similar quality services in medical care and shopping as North America or Europe. That means you don’t have to compromise on goods and services you’re already familiar with. Thanks to a favourable currency exchange rate, the island is also very affordable. Many of Casa Linda’s expatriate community members find they can live a higher quality of life than back home while maintaining the same budget.

2. Location, Location, Location

At the heart of the Caribbean region lies the Dominican Republic. The island is ideally located between the North, Central, and South American marketing, including the USA. Travel to and from the Dominican Republic is easy and accessible. As a central hub for trade between the Americas and Europe, there are ten international airports and five key ports. Casa Linda villas are situated on the northern tip of the island so that you can live on a stunning tropical island without the fear of hurricanes. For almost 40-years, the Sosua and Cabarete communities have been home to Canadians, Europeans, and Americans alike! Whatever your interests or hobbies are, there’s a community to join. Whether you’re planning on being in the DR full time or part-time, island life is here to welcome you home!

working from home in the dominican republic

3. There’s an Incentive

The Dominican Republic government has been promoting the real estate industry to further stimulate the economy and tourism sector. The result? Significant tax incentives to real estate investors involved in the Tourism Development Promotion! The primary law that supports sustainable development in the tourist sector is the CONFOTUR certification. This certification provides investors with significant tax incentives in some of the following areas:

  • Rental Income
  • Real Estate Transfer
  • Real Estate Property
  • Company Incorporation/ Capital Increase
  • Capital Gain and more

It’s important to highlight that the above tax exemptions are for 15 years! In short, the Dominican Republic offers plenty of opportunities for foreign investors looking for new real estate and business. 

Paradise is Calling!

Moving to the Dominican Republic means living in bliss in paradise. With plenty of adventures right around the corner, the tropical life is waiting for you! Casa Linda Quality Communities is here to make your move easy. Contact us today to learn more about investing in the Dominican Republic. 

Dominican Republic Real Estate: Invest AND Enjoy

Dominican Republic Real Estate: Invest AND Enjoy

The Dominican Republic is famous for its beaches, cigars and tasty cuisines. It is the most visited place in the Caribbean region, with entertaining activities such as kiteboarding, windsurfing, hiking, surfing and much more! Can you imagine living such an adventurous life every day? Well, with Casa Linda Quality Communities, you no longer have to imagine! We offer a variety of different properties in the DR ready to accommodate your leisure! You can buy, rent or even build your dream villa at an affordable price. Here are some reasons why you should consider real estate in the Dominican Republic:

Growing Investment

The Dominican Republic has the fastest growing economy in Latin America, with a GDP growth rate of 6.4% in 2018. More than 6.5 million people visited the Dominican Republic in 2018, making it a potential market for high income. It is the perfect place for entrepreneurs to start their own business, explore a new market and benefit from the growing economy. 

With the growth of the economy, your property value will increase exponentially, which is why villas in the Dominican Republic are excellent investment opportunities. You can start investing with prices as low as $185,000 with Casa Linda’s villas. Click here for reasons why you should invest in the Dominican Republic.

real estate investment dominican republic

Affordable Luxury Villas

The Dominican Republic is not only an excellent place for investment; it’s a fantastic place to live in! When you think of retirement, you think of relaxing by the beach, sipping martinis at the pool and enjoying a moonlight stroll on the sand. But the one thing holding you back is always going to be: can I afford it? With Casa Linda villas, it is definitely affordable. There are custom-made villas to accommodate your budget and ready-built options to choose from. Paradise is only a click away.

Easy Access

As a foreigner, buying property in another country can pose challenges; however, the DR is one of the few countries that welcomes new residents. If you’re looking to invest or to move to the DR, the government has a relatively easy residency process for you. With Casa Linda, you can have your new home surrounded by Putana Cana, Cabarete or even Santo Domingo city. 

Ready to Move?

Contact us for more information about villas and floor plans suitable for you! The DR is THE place to be. 

Fast Facts on Dominican Republic Residency: Things you Need to Know From Investing and More

Fast Facts on Dominican Republic Residency: Things you Need to Know From Investing and More

Are you hoping to settle down and start a new chapter in life abroad in the Dominican Republic, but find yourself a little confused as to how to secure residency status? Becoming a permanent resident is an important, and necessary, step for those planning to remain in the DR past the normal 3 months allotted by a visitor’s visa. Many of the most frequently asked questions we get here at Casa Linda revolve around securing your residency. To help you feel a little more prepared before making your move, below are three of the most frequent residency questions and their answers. Read on to learn more!

1. What is Permanent Residency

Permanent Residency (PR) refers to a formal status application that, once granted, legally entitles you to stay in the Dominican Republic indefinitely. Without your PR, you will only be allowed to stay in the country for 3 months at a time and will not be eligible for all of the perks and permissions that residents have. PR is necessary for full-time residents, but also those wishing to legally work and conduct business while residing full time in the Dominican. Note that the DR does not offer a work visa, therefore PR is the only way to do so legally.

Villa At Casa Linda

2. Is it hard to get my PR?

Yes and no. As we’ve mentioned above, applying for permanent residency is a formal process, and as such, there is quite a bit of paperwork involved. With that being said, the process itself is actually relatively straightforward, especially if you have the help of a skilled legal team that can help you navigate the various forms. You can expect to submit multiple kinds of documentation including background/criminal records information, health information, financial statements and more. One of the most common setbacks encountered by applicants occurs when information is set to the wrong place or in the wrong language. Be sure to read through all requirements thoroughly to minimize the chances of such errors.

3. Can I fast-track my application?

The Dominican is one of the few countries that offer a “faster” naturalization option for those that are able to invest $200,000 USD into the local economy via local businesses or local financial instruments. Doing so allows you to skip the 4-year temporary residency requirement that’s typically in place and can help you gain your PR directly in as little as a year.

It’s Your Time to Shine

If you’re ready to leave cold winters and the chaos of your day-to-day behind, the Dominican Republic is here to welcome you! Based on the north end of the island, Casa Linda Quality Communities gives you access to affordable custom villas, a vibrant social scene, and safe living with peace of mind. Contact us today to learn more about living in Cabarete!