The Dominican Republic - Pathfinder International

The Dominican
Republic
The Dominican Republic:
A Caribbean Island Dream
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Table of Contents
Fast Facts:................................................................................................................................................ 3
Introduction ............................................................................................................................................ 4
Why Choose The Dominican Republic? .................................................................................................. 5
Cabarete: A Caribbean Town of Contrasts.............................................................................................. 6
Bavaro, Punta Cana: The Quintessential Caribbean ............................................................................. 11
Caso de Campo: The Ultimate Caribbean Hideaway ............................................................................ 17
La Romana: The Affordable Country Club Dream .................................... Error! Bookmark not defined.
Las Terrenas: A Beachfront Blend of Caribbean, French & Italian Style ............................................... 22
Top Property Picks in Las Terrenas ....................................................................................................... 27
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Fast Facts:
Area: 18,704 square miles/48,422 square kilometers.
Population: 10,219,630 (2013 Census). Currency: Dominican Peso.
Climate: Mostly tropical maritime. Annual average temperature is
25C/77F. Hurricane risk.
Economy: Exporter of sugar, coffee and tobacco. In recent years the
service sector has overtaken agriculture as the biggest employer
(tourism, Free Trade Zones, telecommunications). GDP growth was an
estimated 4.5% in 2011 and 4% in 2012. Its expected growth for 2013 is
4.7%.
Geography: Powder beaches, Caribbean Sea, and much, much more. A
central mountain range forms the country's backbone. It's home to the
Caribbean's highest peak, Pico Duarte. The island's landscape includes
waterfalls, mountains, valleys, forests and lakes.
Official Language: Spanish.
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Introduction
Dear Reader,
If I say the words "Caribbean island" I'll bet the first image that comes to your
mind involves ribbons of coral sand beaches, brilliant blue tropical seas and
swaying palm trees.
The Caribbean's sultry charms are familiar to many. Equally familiar is the
feeling that the Caribbean is no longer affordable...that it slipped out of the price
range of mere mortals more than 20 years back.
You expect to pay a premium for that Caribbean combination of sun, sea and
sand...right?
That’s partly true. But one Caribbean island location gives you the beaches, the
crystal-clear seas and the palm trees – without the sticker shock prices. I’m
talking about the Dominican Republic.
Long a favorite with vacationing Europeans, it’s only in recent years that this
island started to attract large numbers of North American tourists. And despite
the steep property prices you’ll see in a couple of the island’s tourist hot spots,
there are plenty of bargains in other island locations.
I’ve scouted extensively in the Dominican Republic. And in this report, I’ll give
you the highlights. Five very different locations – and only a few that make it to
my shortlist as a place I’d recommend.
And, in case you're wondering, my favorite location offers gorgeous beaches,
affordable properties and strong potential rental yields.
Read on to find out more.
Margaret Summerfield
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Why Choose the Dominican Republic?
The Dominican Republic is a great location for a second-home. Here are some of
the reasons why:
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It's quick and easy to get to. Flights take two hours 10 minutes from
Miami, three hours 35 minutes from Atlanta, and three hours 41 minutes
from New York. Low-cost airlines like Spirit and JetBlue help keep fares
low. It's got great beach weather. Temperatures along the coast hover
in the 80s year-round.
The Dominican Republic offers powder beaches and crystalline
Caribbean Sea, and a central mountain range that’s home to the
Caribbean's highest peak, Pico Duarte. The island's landscape includes
waterfalls, mountains, valleys, forest, and lakes. In Santo Domingo, the
capital city, you'll see colonial buildings and ancient forts.
It's easy to become a resident here.
The economy is strong. The estimated growth rate for 2013 is 4.7%.
Traditionally it focused on agriculture - the export of sugar, tobacco and
coffee. Today, the big earners are tourism and Free Trade Zones.
Property prices are still affordable in the Dominican Republic
compared to other Caribbean locations.
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Cabarete: A Caribbean Town of Contrasts
Cabarete's a hot spot for adventure tourism
We’ll start with Cabarete. (Click here to see Cabarete on a map).
Cabarete is a town of sharp contrasts. Old hippies amble round town, rubbing
shoulders with a young crowd of adventure seekers. Run-down hotels sit
alongside shiny new residential blocks. Beer and billiards joints (ringing to the
sound of dominoes slapping on hotly-contested boards), are across the street
from hip nightclubs and restaurants specializing in world cuisine. Properties
range from super-cheap lots to multi-million dollar homes in exclusive
communities.
A half-moon of golden sand curves around a wide bay, with year-round Atlantic
breezes. Located on the north coast of the island, Cabarete started as a resort
destination back in the 1980s. Over the years, the resort scene declined as
tourists switched to the new and trendy Punta Cana in the south of the island.
Today in Cabarete, you'll see old hotels sitting alongside sites earmarked for
luxury residential development. Those developments have set their sights firmly
on the new breed of tourist in town: independent, obsessed with adventure
sports and not interested in the all-inclusive hotel experience.
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The afternoon skies fill with kite surfers...
And when I say obsessed, I'm not joking. The afternoon skies over Cabarete fill
with kite surfers (almost 200 on the day I counted), and the seas with
windsurfers (75, on the same day). These adventure sports fanatics don't want
an all-inclusive resort, or even a hotel. They prefer short-term rental apartments
as close to the beach and the action as possible. They’re mostly from
Scandinavia and Russia.
Kite Beach is their focal point. If you're not an expert in kite-surfing, don't
worry; plenty of local schools offer training. The Master of the Skies competition
takes place here. Competitors surf, wind-surf and kite-surf. Whoever gets the
highest average score in all three sports wins the competition.
Other attractions around Cabarete include deep sea fishing, diving, mountain
biking (excursions range from a relaxing couple of miles to a grueling 50
kilometer course), white water rafting and horseback riding.
The town's buzzing nightlife scene includes a club that sums up the flavor of the
younger crowd in Cabarete. It boasts curtained "opium" beds on the beach,
champagne, guest DJs and partying until dawn under the starry skies.
The town's restaurants vary from little Italian places and pizza parlors, to Asianfusion and steakhouses.
Seasoned when it comes to tourists, store keepers in the town don't hang back.
Walk past, and they’ll charm and cajole you into their stores with promises of
discounts, superior wares and shameless flattery. But it all feels friendly, and a
refusal is met with a simple smile or a wave.
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You'll find a wide choice of properties here...from luxury villas to affordable lots
Properties in Cabarete vary enormously, reflecting the town's checkered
fortunes. On the outskirts (east and west), you'll find small new residential
developments and mini-malls clustering close to the beach.
Farther out, you'll come across Sea Horse Ranch with its $499,000+ homes,
super-private setting, a beach club, an equestrian center, tennis courts and a
helicopter pad. Off-beach lots without a view run from $150-350 a meter in Sea
Horse. Resale homes list for up to $3.75 million.
In the lush hills close to Sea Horse overlooking the ocean, small private
developments offer non-view lots from $15-20 a meter. These communities
don't offer fancy social areas or cobblestone streets. Instead, you get gravel
roads and a security gate. You don't get any communal areas, but it means that
you get large home sites for a fraction of the price of those closer to the beach
or in high-end communities.
One development caught my eye. Situated in lush gardens with a communal
swimming pool, this furnished 1-bed 1.5 bath condo is decorated in a tropical
Indonesian style.
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It’s in a beach community overlooking Kite Beach with views of landscaped
grounds surrounding the complex and partial ocean views. Owners get direct
beach access. The unit is 90 square meters (968 square feet) and priced at
$169,000.
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If you’re looking for something a little closer to town, then take a look at this
two-storey townhouse located in an attractive project quiet residential area. It’s
a ten-minute stroll from both the beach and from downtown Cabarete. This 2bed, 2.5- bath home also has a living room, a dining room that’s separated by a
fully equipped kitchen by a breakfast bar, and a roof terrace with views of the
tropical gardens and swimming pool. It’s on the market for $165,000.
Or how about this property that sits right on the beach? It’s part of a six-unit
building. It features a spacious balcony with excellent ocean views. It’s got three
bedrooms and bathrooms. Amenities in the complex include a swimming pool
and maid service. It’s furnished and listed for $269,000 but the seller is open to
negotiation:
Finally, take a look at this luxurious one-bed beachfront condo situated just a
few minutes from Cabarete Bay. It’s got an open-plan kitchen with granite
counters, a living room that leads onto a balcony overlooking the beach, and a
spacious bedroom with a full bathroom and walk-in wardrobe. It’s on the top
floor of the building and commands ocean views from the bedroom and living
room.
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The whole complex has 24-hour security, a beachfront restaurant, and on-site
rental management. Price: $159,000.
Cabarete has appeal for the adventure sport market. If you're an outdoor or
water sport enthusiast, you'll think you're in heaven. Prices remain affordable,
outside high-end communities like Sea Horse Ranch.
If you want more details on properties in Cabarete, contact West Indies real
estate here.
If all this sporty exertion leaves you cold, our next stop on the island is a
sunning and tanning heaven, with spas, ritzy coffee shops, yachts and luxury
malls.
Bavaro, Punta Cana: The Quintessential Caribbean
White sand, turquoise water, sunshine, and palm trees...what more could you want?
It's the stuff of glossy magazine travel supplements: A wide carpet of dazzling
white sand, fringed with lofty coconut palms, and washed by glittering-turquoise
ocean. With the Dominican Republic's best beaches, this place is also tourist
heaven, and home to most of the country's all-inclusive resorts. When friends or
family tell you they've visited the Dominican Republic, chances are they spent
their time here.
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Bávaro is set on the Coconut Coast. (For a map, click here). The Coconut Coast
covers 32km (20 miles) of the island’s southeast. Its warm, dry climate and
plenty of sunshine makes it an ideal tourist destination. The Dominican
government selected the Coconut Coast as the country's tourist hot spot, back
when it was an undeveloped, wild coast.
The government installed the infrastructure, and developed this coast in the
same way the Mexican government developed Cancun. Major hotel groups
(mostly European) quickly snapped up prime beachfront parcels of land on the
Coconut Coast and built huge resort hotels.
A private company built Punta Cana international airport in 1984 (5.5 miles from
Bávaro). That made getting here easy from places such as Europe, the USA and
Canada. Tourist traffic through Punta Cana airport more than doubled from
2000-2009. In the early days, most of the island’s tourists came from Europe. In
2006, North American arrivals at Punta Cana airport outnumbered Europeans for
the first time, and that trend continues today.
Don't expect a major city or charming beach town on the Coconut Coast though.
They created this resort area from scratch. Despite the high tourist numbers, the
only proper town is El Cortecito, close to Bávaro's beaches. El Cortecito started
as a fishing village, before becoming a town for the workers building the hotels
and infrastructure on this coast. The original town lacks any real charm; it's not
quaint or colonial. Instead, it's convenient...with ATMs, banks, hardware stores,
car rental agencies, and a smattering of bars and restaurants.
In the short strip between El Cortecito and the beach, you'll come across new
plazas, American-style cafes and restaurants, and shopping malls stocking
luxury designer brands.
The upside of the Coconut Coast is that the infrastructure in this area is
excellent. And, with the opening of a new highway, the Coral Highway, getting to
Santo Domingo, the country's capital is now quicker and easier. The new road
cuts the drive time to Santo Domingo from 3.5 hours to 2 hours.
The nightlife in Bávaro is excellent. You won't want for golf courses, either, with
a choice of 12 along the Coconut Coast. Moreover, the little cafes and plazas
dotted around Bávaro give it an upscale feel. It's all a bit "Miami" - sun, sand
and fun.
The downside of the hotel chains starts with the lack of local flavor. It's not
entirely their fault; this area was developed from scratch, rather than expanding
on little fishing villages and local beach towns already in place. It doesn't feel
very Dominican here, although most tourists won't notice, as they don't venture
outside the confines of their all-inclusive resort.
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The hotels make it difficult for anyone other than guests to get to the beach,
too, despite the fact that all beaches in the Dominican Republic are public. Just
try explaining that to the security guys as you try to cross their ropes and
barriers...
It's the perfect playground for swimming, tanning, and relaxing in the sun
The biggest drawback here is the cost of beachfront land. It’s incredibly high,
and that’s down to the hotel chains. Larger land parcels suitable for hotel
development command premium prices. Smaller parcels rarely come onto the
market (they just aren't available), and when they do, the pricing reflects the
premium paid for the hotel-sized pieces.
A developer showed us a 3000-square-meterparcel he purchased right next to a
beautiful section of beach. He paid $4 million. If he built 20 condos, the land
cost alone comes to $200,000 per condo. Then you factor in the cost of permits
and approvals, architects, build costs - and you can see why beach properties
don't come cheap here.
If you buy a property here and plan on renting it out short-term, you face stiff
competition from the hotels, and their 24,000 rooms. You'll find some
opportunities in rentals for a week or a month at a time. Long-term rentals also
make sense, but you need to choose your area carefully.
Advertising boards for new condos sometimes state "with title". That sets alarm
bells ringing. You should get title on a property when you buy it. But in Punta
Cana, it can take one to two years to get title. Plus, density regulations can lead
to delays in getting title. These regulations relate to the number of bedrooms
(yes, blame the hotels again).
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If this all sounds negative, it's not meant to. There's a reason more tourists
come here than anywhere else in the Dominican Republic. It's stunning...it has
the Caribbean beach and ocean we all dream of. Many of the big resort hotels
offer day passes so you can use their beach clubs, restaurants and bars. And
properties in new little communities back from the beach are still very
affordable.
If amenities close at hand are important to you, then take a look at these 1-bed
1.5 bath units in the heart of El Cortecito. These 915-square-foot units are in a
good location, with restaurants, hotels, casinos, food markets and drug stores
close by. Water parks, golf courses, nightclubs and international restaurants are
within a short drive.
In this small residential community, you can buy a second-floor unit for
$60,000.It comes with a balcony and is fully furnished. All units face the
communal swimming pool. Monthly condo fees run around $125.
Another option is the two-bed two-bath condo below. It’s only a five-minute walk
from the beach and just minutes from two popular shopping centers.
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The condo has a private rooftop terrace with its own barbeque and it’s fully
furnished. It’s 1518 square feet in size (including the rooftop terrace). It’s priced
at $179,000 with monthly condo fees running around $150.
Another option is this 980-square-foot two-bed, two-bath condo in a golfing
residential community. The condo comes fully furnished.
The community amenities include three swimming pools, landscaped gardens
and discounted green fees for the surrounding golf course. Price: $100,000.
If you’re looking for luxury right on the beach, this 1431-square-foot one-bed
two-bath condo is in an exclusive beachfront community. Owners get access to
amenities including a swimming pool, restaurants and a beach club.
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If you’re a fan of golf, you’re in luck, as you’re close to three golf courses. The
condo comes with its own mezzanine loft area and a private rooftop terrace. It’s
listed at $199,000.
If you're looking for somewhere with year-round warmth, and dry sunny
weather...perfect beaches, and balmy tropical water...good
infrastructure...proximity to the US...and a relaxed, easy second-home
destination, then Bávaro could fit the bill. You're likely to have frequent visits
from friends and family, eager to share your piece of paradise. And off-beach
properties are still affordable.
Contact Scott Medina, a broker we work with here, if you'd like to know more
about properties in Bávaro.
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Caso de Campo: The Ultimate Caribbean Hideaway
Next up is Caso de Campo. If you're looking for a luxury Caribbean
hideaway, this private community certainly fits the bill. It's a golfer's
paradise...a boater's paradise...and a beach paradise, all rolled into one.
On my first visit here, my driver took a wrong turn on the way to the hotel
reception. We ended up at a gas station. That was the first hint as to the size
of this place. You see, the gas station is inside this private community. And
you'll probably need it.
We finally found the main lobby and I checked in. I got the key to my room.
I also got a key to a golf cart. I hadn't asked for one. I don't play golf and I
quite enjoy walking. But it turns out that there's a golf cart allocated to every
room in the resort. And, as the helpful receptionist explained, you need it.
You need it because this place is massive. It covers 15,000 acres. It's a
spectacular private kingdom. The golf cart keys are only the start of the
adventure...
I’ve never seen anything like Caso de Campo. It's not just the scale of the
resort. It's a masterpiece - the ultimate location for pampered living.
Casa de Campo offers an elite hideaway for the utmost in pampered living
Casa de Campo started in the 1970s as an exclusive retreat created by
Charles Bluhdorn, the founder of Gulf & Western and president of Paramount
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Pictures. He invited friends to join him—fashion designers, movie stars and
directors and business moguls. He built two golf courses, an artists' village
and even a replica of a 16th-century Italian village.
After Bluhdorn's death in 1983, the Fanjul family bought the resort and
opened it up to paying guests.
The resort began as one man's private passion, a personal playground to
share with family and friends. As a business proposal it wouldn't have made
sense to bankers, investors or hoteliers at the time. But it wasn't built with a
financial return in mind.
Today, it's an elite hideaway for those seeking privacy, security and
superstar pampering.
But it's not a remote hideaway. It's a 90-minute drive from the airport in
Santo Domingo. You can fly into La Romana airport which is less than 10
minutes from Casa de Campo's hotel reception. Or there's the heliport if
you've got your own helicopter.
If you prefer to travel by boat, you can dock at the 400-slip marina. Mega
yachts and sleek powerful boats fan out from the marina's Italian-style
square. You'll find little cafes, restaurants, boutique stores and a wellstocked grocery store at the marina.
The marina village is a nice spot for lunch
The marina village is modeled on Portofino, Italy. And Italy was the
inspiration for one of the most ambitious elements of Casa de Campo: Altos
de Chavon.
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Altos is a replica of a 16th-century Mediterranean village set high above the
Chavon River. Local artisans handcrafted cobblestone pathways, immense
wooden doors and wrought iron details to get it looking just right. It's a
pretty convincing replica, complete with a little church.
It's a charming spot. You can dine in one of the restaurants and bars, browse
the designer stores or the artifacts on display in the museum. In the
evenings, the 5,000-seat amphitheater in Altos hosts concerts.
And we're only getting started on the amenities...
If you're a golfer, you can choose from five courses—including the legendary
“Teeth of the Dog” course by Pete Dye.
It's a golfer's paradise...a boater's paradise...
There are tennis courts...a shooting range...a country club, gym and
spa...swimming pools...an equestrian center and polo fields...20 restaurants,
bars and cafes...a beach club with impeccable service and a beautiful curve
of white sand beach.
As I'm sure you can imagine this place doesn't come cheap. It's wellestablished, super-convenient and super-luxurious. Mansions dot the
manicured grounds. Low-rise condo buildings gaze across the calm waters of
the marina or the green oasis of a golf course.
It's expensive to rent here and expensive to buy here. But this place is
unique. I can't think of anywhere else you get such a beautiful setting, topquality infrastructure and gold-star amenities on your doorstep. The price
tags are certainly high—but it feels like you're getting your money's worth.
You're getting the best. And you don't have to wait for it—it’s already there.
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So what does it cost to own here?
New is king here. Buyers prefer new properties with modern layouts and
modern style. Some of the older houses date back 20-30 years. They're welllocated, well-built and spacious with landscaped yards and swimming pools.
But they often need some updating to the finishes and feel a little darker
than more modern homes in the resort. But they're priced lower than those
more modern homes. You could buy one, do some remodeling to your own
taste and still pay less than the going rate for a newer house.
Older villas start from $640,000. That gets you 3400 square feet of living
space, four bedrooms, three bathrooms and a Jacuzzi.
You can also choose from golf condos or marina condos. I saw a 2600square-foot marina condo with sea views from the top terrace listed at
$590,000.
A penthouse condo with gorgeous views overlooking the Dye Fore golf course
offered owner financing. With almost 3500 square feet and new furniture it
could rent for up to $600 a night in high season which would help with
running costs. The asking price was $799,000:
I viewed a house with a $12 million price tag, marble floors, more than
40,000 square feet of living space and impressive views of the sea, the
marina and the Chavon River.
For $13.5 million you get an oceanfront home with a beautiful pool:
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I loved a Bali-style villa with five bedrooms and seven bathrooms, a pool and
a Jacuzzi for $1.9 million. It was beautifully designed with high ceilings and
lots of natural stone and hardwood finishes:
Home sites start from $200 per square meter. Lots are large so you're
looking at paying at least $400,000 for a lot. Construction costs run around
$110 a square foot. But building your own house means you get your perfect
dream home.
Words don't really do justice to Casa de Campo. It's unique. I've scouted all
over Latin America for property and I've never seen anything that comes
close.
So, if you're interested in property in Casa de Campo, simply contact Maria
Taylor here. She'll chat with you to find out what you're looking for and
then send you some sample listings.
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You'll pick the ones you like and then Maria will arrange a custom tour for
you. You'll see what you want to see, when you want to see it, at your own
pace. No hurry or pressure or stress...
Maria can also help you arrange your hotel reservation at the resort and
airport transports.
Las Terrenas: A Beachfront Blend of Caribbean, French & Italian Style
Las Terrenas boasts warm golden sands and sparkling sea
Las Terrenas in the Dominican Republic is picture-perfect. Clear, tropical seas
wash up on scene-stealing coral beaches fringed with coconut palms. Warm
sunshine sparkles on the gentle surf. (For a map, click here).
Las Terrenas isn’t over-developed, over-run by cruise ships or drowning in
mega-resorts. Instead, it’s tranquil, laid-back and chic.
And property here is very affordable.
Las Terrenas is my favorite beach town in the Dominican Republic. You really
need to see this place for yourself to appreciate its charm.
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It’s easy to find gourmet food in Las Terrenas
The Dominican Republic is a popular vacation spot for Europeans. But it wasn’t
well-known to North Americans. That’s slowly changing.
In 2002, for the first time, more North American tourists visited the island than
Europeans. The number of North American tourists continues to grow. Most
travelers fly into Punta Cana, the island’s busiest airport.
Tourists come to Punta Cana to relax and party in the big all-inclusive hotels that
line the white-sand beaches. Their beach loungers pack the sand. They’re
convenient but they’re bland. They lack any local flavor.
It’s not just big hotels that jumped on Punta Cana. When it came to property
development, this place pulled out all the stops.
Development centered on the coast around Cap Cana, seven minutes from the
airport. Big-name luxury resort and residential developments moved in. Swarms
of international investors followed.
Cap Cana became the Dominican Republic’s hottest boom zone. But in recent
years the frenzy has slowed down. Some developers scaled back big projects or
shelved them. Property prices started to fall. Some properties listed at fifty cents
on the dollar compared to the boom years.
While Punta Cana became the Dominican Republic’s hottest boom zone, Las
Terrenas didn’t follow suit. It skipped the craze for triple golf courses, multimillion dollar condos and luxury resorts taking over entire beaches. Las Terrenas
followed its own beat: low-key, laid-back and boutique.
Today, it’s a pretty beach town with lots of amenities and some remarkably
affordable property.
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Thirty years ago, Las Terrenas was a rustic fishing village in the Samana
peninsula. You needed a boat or a donkey to get here. The town had three small
hotels, dirt roads and no phone coverage. Electricity only came along in 1994.
But it’s a gorgeous location with 19 miles of stunning beaches backed by steep
green hills. It attracted 8,000 Europeans, mostly French and Italian, who fell in
love with the town and settled here. They didn’t want to change the town too
much. They simply wanted to add some finishing touches. They opened
restaurants, boutique hotels, cafes, bakeries and spas.
Restaurants in Las Terrenas serve everything from simple snacks to gourmet
food. You can try grilled fish, wood-fired pizza, steak or lobster. You can buy
warm flaky croissants from the French bakery in the morning. And hand-made
Italian ice-cream in the warm afternoons…
Strict planning laws should preserve the town’s low-rise profile.
A new highway connecting the Samana peninsula with Santo Domingo opened
two years ago. It took around 2.5 hours to drive to Las Terrenas from the
capital. But the last part of the journey was the trickiest part of the trip.
It involved a steep climb into the hills, on a curving, narrow road. The road
wasn’t in good shape, with lots of potholes. It made for a bumpy ride on a dry
day. There were no safety barriers or street lights. It took at least 45 minutes to
cover that last 12-mile stretch of road.
But a new coastal boulevard road opened in October 2011:
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The new road cuts the drive time to Santo Domingo, and boasts stunning views
It cuts out the mountain route. It cuts the last leg of the trip to 15 minutes.
It now takes around 90 minutes to drive to Las Terrenas from Santo Domingo.
So it’s easier for locals to come here for the weekend or longer vacations. It’s
easier for foreign tourists and expats, too.
The new road places Las Terrenas only 20 minutes from the international airport
at El Catey. The airport currently receives direct flights from Canada, the UK and
the US. Direct flights from JFK airport in New York started in November 2012.
Las Terrenas wants to stay low-key and low-rise. Strict planning laws limit
development along the beaches. Construction isn’t allowed within 60 meters of
the shoreline. And they only allow two-story properties close to the beach.
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Las Terrenas is one of the most affordable island beach destinations in Latin
America. It attracts well-heeled travelers from across the globe. They’re looking
for a tranquil spot, far from partying crowds and sprawling hotels. They often
prefer the space and seclusion they get with a private rental. So your home here
can earn a very handsome rental income when you’re not using it yourself.
Take a look at some of the properties available in Las Terrenas today:
A one-bed one-bath condo in the heart of Las
Terrenas in a small complex with a swimming pool.
Price: from $72,000.
A one-bed one-bath condo with a big terrace
overlooking landscaped grounds and a swimming pool.
It's got a good central location, close to shopping,
dining and the beach.
Price: $110,000.
Or, if you’re looking for more space, you can snap up
larger homes from $295,000…such as this threebedroom town home, in a quiet residential area. It
boasts an infinity pool with the most amazing ocean
views, and a large outside deck where you can spend
the evening watching the sun set over the clear blue
waters below. It’s on the market for $295,000.
If you'd like more information on properties in Las Terrenas, contact Toni
Green here. Toni can also arrange a custom chill weekend for you in Las
Terrenas…
First, contact Toni here and let her know what type of property you’re interested
in, what your budget is, and whether you’re looking for a property for rental, or
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a second home. Toni will send you sample listings. Then you can choose the
properties you like, and Toni will create a customized real estate tour for you.
You’ll see only the properties that you want to see, at your own pace.
Toni will also show you Las Terrenas and the beaches nearby. She’ll give you the
lowdown on this charming location, and what it’s like to live here.
The custom chill is your chance to soak up the Las Terrenas lifestyle, try it on for
size, and see if it fits…
Contact Toni here to start planning your trip.
Top Property Picks in Las Terrenas
Pick #1: An Affordable Caribbean Escape in a Beachfront Community
If you believe owning your own home in the Caribbean sun is simply an
unattainable dream, think again.
You can own a home just 200 meters from one of the nicest beaches in Las
Terrenas. The home has three bedrooms and two bedrooms. It comes fully
furnished. You can move straight in or start renting it out to generate some
income.This is the view from the spacious covered terrace. The yard has room
to add your own swimming pool to create your own private oasis:
It’s on the market for $250,000.
Property Pick #2: Pure Luxury with Panoramic Views
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Imagine waking to a view like this every day!
If you’re looking for the ultimate beach getaway you’ll be amazed at how far
your real estate dollar will go in the Dominican Republic compared to other
Caribbean islands.
The property includes an open-plan living area
Located in the most sought-after neighborhood in Las Terrenas, this impressive
10,764-square-foot house boasts seven bedrooms and seven bathrooms,
including two master suites. The house also features a massage room, a large
games room and a garage that will accommodate four cars.
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The open-plan living area opens onto a big terrace where you can enjoy outdoor
dining.
An infinity pool, complete with built-in bar overlooks the stunning Playa Bonita
beach. You can catch some gorgeous Caribbean sunsets from the pool and social
area.
This home is on the market for $2.95 million.
It’s got a proven rental history if you decide to rent it out. Or you might decide
to keep this luxury home all to yourself—and who could blame you!
If you’d like more details on this dream home, or any of the Las Terrenas
property picks, fill in your name and e-mail address here. Let local real estate
agent Toni Green know which property you’re interested in and she’ll get back to
you with a full information package.
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