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Hoping to buy property in the next 6 months

dpatient63

Hi my name is Debra, me and my husband Andrew are hoping to buy a property in the next six months.

We have 5 years left before we retire but would like to be established in the DR before then.

I'm a receptionist in a care home and my husband is a floor fitter.

We are coming over at Christmas to have a look at property and areas.

Any pointers will be greatly appreciated.

See also

Real estate listingsBuying property in the Dominican RepublicLiving and accommodation on the South Coast of the Dominican RepublicLiving and accommodation in the up and coming Southwest of the Dominican RepublicAccommodation in Santiago de los Caballeros
planner

Welcome to the forums!  There is a great deal of info here in the various threads.  Start reading honey and ask questions as you go along.  When needed, start your own thread!

rgwsf

Welcome :)!  I am not retired either but moved to DR (Punta Cana) year and a half ago.  So far so good.  But, of course it has it's challenges.   Which part of DR are you planning to settle?

dpatient63

@rgwsf

We were thinking maybe Bavaro, but to be fair we are going to have a good look around when we come over at Christmas.

Any suggestions?

snowinpalm

@dpatient63

Welcome!  If you want to get away from the usual tourist hotspots and enjoy untouched beauty, consider Samana Province.  We have been here for three years and are continually discovering unique experiences.  PM me if you want more information.  Prices are lower than the other areas which get a lot of attention.  Even though much of the area is underdeveloped, we are within a short driving distance from Las Terrenas which has shopping, more restaurants, etc.

ddmcghee

@dpatient63

Debra, I highly recommend holding off on buying property! Buying is easy, selling is hard! Even within a given town, there are vast differences, sometimes from street to street!


If you find a place you think you want to buy, visit it during the day, at night, during high season, on a holiday weekend, on a Sunday morning, etc.

Harris Levinson

@dpatient63

we are building a condo in bavaro. we liked the area since you don't need a car to get around. everything is within walking distance. you can always uber or take a taxi if needed.


preconstruction is your best deal in the DR as they will give you free financing up to the time it is finished and you can get all the benefits of confotur (no transfer tax and no property taxes for up to 15 years) . but make sure to use a reputable developer. also note that construction timelines are wildly optimistic. expect it to take 1-2 years longer than promised, which is fine if you are in no hurry.

Bhavna

Hello everyone,


Just to inform you that I have edited the title of this thread for a better fit.


All the best

Bhavna

rgwsf

@dpatient63 Bavaro is a good choice if you like being around people.  I liked it as literally you can work to the store or to the beach :)

rgwsf

Take a look at Punta Cana Village and I heard Vista Bavaralo is a good community.  Though there you will need a car :)

ryzik68

We are building Villa in Vista Cana, also will retire in 5 years, but decided to start earlier. It took us probably a year to decide where we wanted to buy, and Vista Cana was our choice.  We decided on pre construction, but you definitely need to do your homework and make sure that you did a research on developer, If you choose a developer I would definitely recommend to look at his complete construction and if possible speak to the happy owners 😂

planner

@Bhavna

Thank you for making this its own thread!