The Dominican Republic is home to some of the most beautiful beaches in the world. Furthermore, the country is blessed with incredible waterfalls, tropical jungles, and phenomenal mountains. Besides that, the properties on the island are just as diverse as its nature.
This diversity offers real estate investors wonderful homes, where they can enjoy a lifestyle that is incomparable to other destinations that offer similar properties. However, there are fears of buying real estate in the Dominican Republic.
Worries about buying real estate abroad
If you have experience in real estate investing you will know that what we are explaining in this article is correct and that the Dominican Republic is a great place for a profitable real estate investment. When you are new to investing in a property in the Caribbean, this article is your perfect guide. Although there is no perfect recipe for investing in real estate in the Dominican Republic, there are several tips that can help you obtain a magnificent property.
Investing in real estate abroad can generate stress, uncertainty, and fear when you do not have sufficient information. That is why we debunked 6 fears of buying real estate in the Dominican Republic in the following paragraphs.
This is one of the fears of buying real estate in the Dominican Republic, that people have because they are often outside of the country and it is difficult not to be fearful when you invest in a project that still needs to be constructed. In this case, it is really important to know about the development company. Know the location of their offices. Have clear communication with its representatives, since they are the ones that can keep you updated on the project. Also, ask for a presentation of the developer and other information that will ease your mind.
In the case of The Fields, the company WBH Global is the developer of the project. It has an experienced team at all levels. The representatives of the company are available to organize, zoom meetings and video calls with you. As a buyer, you also receive information with updates on the development of The Fields. In addition to this, the development can also be followed through social media and newsletters. A presentation about the company is also available for buyers.
You might have heard of projects that promised the most wonderful amenities, and a vibrant scene with friendly neighbors, when in reality the area turned out to be a ghost town with hardly any amenities, and empty apartments. This is one of the fears of buying real estate in the Dominican Republic that leaves buyers feeling lonely and isolated.
Always look at the construction phases of the project and ask the developer when the amenities will be constructed within the phases. Are the amenities created at the very end, middle, or in the beginning? Another important factor is to look at the rental regulations of the project. It could be that the rental regulations are so flexible that you will have new neighbors every week because the properties are rented out around the clock or that there is nobody present in the low season. This does not encourage the creation of a social atmosphere.
At The Fields, our community is built in sections. Each section has its own premium amenities. This eliminates the fear of not having amenities when your Pool Villa is built. We do not want empty villas without life or joy, we want homes full of happiness, of people living their dream life.
Through our regulated rental program, we create a community with a social atmosphere that has happy residents enjoying their new home and premium amenities.
The Dominican Republic is a country without internal conflict, and there are no armed groups. It is a safe haven.
Some people have told us that they were offered very beautiful projects in incredible places in places outside their home country, but that they did not feel safe. The project was in a country with internal conflicts, or in a place where security was needed and the development did not have that.
Although The Fields is located in peaceful Macao Beach, the safety of our residents is our priority this why we have top-notch security of a foreign company that ensures that the community is secure. The Fields allows you to have peace of mind in paradise in an exclusive, private place that is only accessible to its residents. Read this article about living in a safe place.
Rest assure there is Wi-Fi in the Dominican Republic.
However, some projects that are being offered in the market do not have proper communication services. The communal Wifi is not strong enough, and installing your own connection or telephone landline is a hassle since you need to go directly to the telecom company that often do not have employees that speak your language.
Ask your developer about the communication services that are included in the community. What is the internet speed are there connections for landlines?
In The Fields, you will not have to worry about this, because we have our own communications system with strong Wi-Fi for everyone. This ensures that you are always connected with your loved ones.
The Dominican Republic is an amazing country with stunning beaches, golf courses, great medical healthcare, international supermarkets, and more…
Of course, there are many projects that offer special amenities for their buyers, however, many of these services are not available to everyone. Sometimes they are very limited and come with additional charges. Make sure to ask your developer upfront about how many services they offer and if they can be used without an extra charge.
The amenities of The Fields, surpass those of any 5-star resort in the region. Our amenities are designed for the mind, body, and spirit. People can enjoy the TrackMan Pro golf training center, green gyms, natural pools, yoga and meditation centers, tennis courts, volleyball courts, art workshops, and much more. Residents have access to a medical health clinic, organic market and garden, bistros, cafes, multilingual library, and more… At The Fields, you have all the comforts like home.
This is one of the biggest fears of buying real estate in the Dominican Republic, but did you know that the country is great. for real estate investing? Read this article about the benefits of investing in the Dominican Republic.
Here are some tips to overcome this fear.
These are some of the subjects you need to research before you invest. In the end, you want to make sure that you have a good Return On Investment, and not purchase a property that devalues in worth in an area where there is no planning in place. Do your research or ask the developer of the project about this.
At The Fields, your investment is safe. In Macao Beach, where The Fields is located, there is planning in place. The area is designated for eco-developments. Your property will rise in value because of this, but also because of the new airport that is being constructed in the area. Read more about the benefits of investing in The Fields here.
Now that we debunked the 6 fears of buying real estate in the Dominican Republic for you, you can go ahead and call or email us to make a secure investment in The Fields. You are safe with us!
Mora Harris Consulting Group LLC's purpose is to connect our clients with the resources they need to make informed decisions and save valuable time and money. This is how we help you get over fears and apprehension.
6 fears of buying real estate in the Dominican Republic debunked.
Purchasing real estate in the Dominican Republic can be daunting because you are buying property outside of your home country. “What if the construction is totally wrong? Are the amenities real? What is the surrounding area like?” are questions that you might have when you are thinking about purchasing a home on the island. These are all fears that keep you from fulfilling your Caribbean dream. In this article, we debunk 6 fears of buying real estate in the Dominican Republic and give you tips on how to overcome them.
Mora- Harris Consulting Group LLC
Copyright © 2022 Mora- Harris Consulting Group LLC - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.