I would like to buy a house in the Dominican Republic......?

Question

I would like to buy a house in the Dominican Republic. Where do I begin to look? I would rather get some local news papers but I will not be going down there yet.

Answer 1

check the classifieds you will never fail there or check this site call www.cariblot.com.

Answer 2

you could check our Yahoo Sosua group we have many realtors in our links.  Many of our members have bought homes over the years and can offer some good advice.  Above all be careful,  use a realtor and lawyer with good references, many pirates never left the Catibbean.

Answer 3

If you looking to buy a house here in the Dominican Republic,

you need to know certain things like :

1. where ? (location)

2. what kind of house ?

3. size of the house (how many bedrooms?)

4. new or 2nd hand ?

5. what budget do you want to spend?

6. must it be ready to move inn ?

Try to think about this 6 questions and when you have a answer just contact me I will try to help you. I live in Puerto Plata (north coast) and lived before 8 years in the capital (Santo Domingo) but here in Puerto Plata is is better.

So let me know if I can help you. [e-mail]

Happy feet

Answer 4

Rent.  It's easier to leave when you want, and way cheaper in the long run.

Answer 5

Hi, my name is Victor Ferrand, Real State Agent in Dominican Republic, my email is [e-mail],i can email you some options that a have, also i can oriented you in everything that you need.

Victor Ferrand

Answer 6

I lived there for about a year and I've gotten a lot of advice on this topic from other people who've lived there.

First. Try living there for at least six months before you commit to buying a house and living there forever.  There will be some things you will miss and some things you find out about that you have to get use to.

Second.  Get advice from other expatriots.  Most live in either condos that they rent or own.  There are many advantages to living in a condo.  You get your pool taken care of and there is security.  If you live in a house without security the chances are very good you will get robbed sooner or later. Also if the generator or water system breaks down, it's someone else's problem.  Generators are a must for any living situation and back up batteries are nice too.

Get a good lawyer.  There are many scams down there where a Dominican shows you a title and it looks like you're buying a house. But then four months later some German guy shows up and he has the real deed.

The North Coast has a ton of Expatriots, especially Sosua.  Caberete has a transient ex-pat community but it has its points.  If you like mountains and waterfalls, then look into Jarabacoa.

There are some very good certified real estate companies down there. It's worth the 6% commision, believe me.

I lived in a condo for $400/month all included including satellite TV and hot water.  I spent about $20 a day for all my meals, transportation and drinks. It's not a bad lifestyle for $1000/month.  If I didn't eat out all the time I could of gotten by on  a lot less.

Learn some Spanish.  Everything is cheaper when the locals know you're at least making an effort to know them.

Here is one of the certified agencies. The agents are almost all either German or Canadian.

http://www.coralbayrealestate.com/

Good luck.