Buying Oceanfront Property In The Dominican Republic

Published on October 3, 2025 and written by Cyril Jarnias

The Dominican Republic, with its white sand beaches, turquoise waters, and tropical climate, is a true paradise for real estate investors seeking oceanfront property. Whether you’re looking for a vacation home or a profitable rental investment, this comprehensive guide will help you navigate the purchasing process and discover the best opportunities in the Dominican real estate market.

Hidden Gems of the Dominican Coastline: Where to Invest?

The Dominican Republic offers numerous options for acquiring oceanfront property. Here’s an overview of the most sought-after and promising destinations for your investment:

Punta Cana: The Paradise of Dream Beaches

Punta Cana, located in the eastern part of the country, is undoubtedly the most popular destination for beachfront real estate in the Dominican Republic. Known for its endless white sand beaches and luxury hotel resorts, Punta Cana attracts millions of tourists from around the world each year.

Real estate investment in Punta Cana offers numerous advantages:

• A dynamic and constantly growing real estate market
• Modern and well-developed infrastructure
• Strong rental demand, particularly for seasonal rentals
• Excellent long-term appreciation potential

The most sought-after areas for purchasing oceanfront property in Punta Cana include Bavaro, Cap Cana, and Uvero Alto. Prices vary significantly depending on location and property type, ranging from approximately $150,000 for a one-bedroom apartment to several million dollars for a luxury oceanfront villa.

Puerto Plata: The Charm of the North Coast

Located on the island’s north coast, Puerto Plata offers an interesting alternative to Punta Cana for real estate investors. This region attracts with its authenticity, beautiful beaches, and more relaxed atmosphere.

Puerto Plata’s advantages for real estate investment:

• Generally more affordable prices than Punta Cana
• Significant growth potential, particularly due to tourism development
• A wide variety of properties, from apartments to luxury villas
• Pleasant living environment, between sea and mountains

The most sought-after areas for purchasing oceanfront property in Puerto Plata include Sosua, Cabarete, and Cofresi. Prices start around $100,000 for a one-bedroom apartment and can reach several million dollars for the most luxurious properties.

Samana: The Preserved Natural Gem

The Samana Peninsula, located in the northeast of the island, is an emerging destination for beachfront real estate. This region attracts with its spectacular landscapes, wild beaches, and peaceful atmosphere.

Advantages of investing in Samana:

• Exceptional natural setting, ideal for nature lovers
• Significant growth potential, as the region is still relatively undeveloped
• Investment opportunities in ecological and sustainable projects
• Growing demand for high-end vacation rentals

The most sought-after areas for purchasing oceanfront property in Samana include Las Terrenas, Las Galeras, and Portillo. Prices typically range between $150,000 for an apartment and several million dollars for a luxury villa with ocean views.

Keys to Successfully Purchasing Real Estate in the Dominican Republic

Buying oceanfront property in the Dominican Republic may seem complex, but by following these key steps, you can realize your project with peace of mind:

1. Hire a Specialized Attorney

The first crucial step is to work with a local attorney specializing in real estate. This professional will guide you throughout the purchasing process, ensure the legality of the transaction, and protect your interests.

2. Verify the Property Title

In the Dominican Republic, it’s essential to thoroughly verify the property title of the asset you wish to acquire. Your attorney should conduct an in-depth search to ensure there are no disputes or claims on the property.

3. Obtain a Tax Number

To purchase real estate in the Dominican Republic, you’ll need to obtain a local tax number. Your attorney can assist you with this administrative procedure.

4. Sign a Reservation Contract

Once you’ve found your dream property, you’ll typically need to sign a reservation contract and pay a deposit (usually between 10% and 30% of the sale price).

5. Conduct Thorough Due Diligence

Before finalizing the purchase, it’s crucial to conduct complete due diligence. This includes verifying all legal documents, inspecting the property, and assessing its actual value.

6. Sign the Deed Before a Notary

The final step involves signing the deed before a Dominican notary. This is when the property transfer is formalized and you become the new owner of the property.

Financial and Tax Considerations

When investing in real estate in the Dominican Republic, it’s essential to consider certain financial and tax aspects:

Financing Your Purchase

If you need a loan to finance your purchase, be aware that Dominican banks offer mortgages to foreigners. However, the terms are generally less favorable than in your home country. It may be more advantageous to finance your purchase with a loan from your country of residence.

Acquisition Costs

In addition to the purchase price, you should budget for approximately 5% to 7% in additional fees, which include:

• Notary fees (approximately 1% to 1.5% of the sale price)
• Registration fees (approximately 3% of the sale price)
• Attorney fees (variable, typically between 1% and 2% of the sale price)

Real Estate Taxation

As a property owner in the Dominican Republic, you’ll be subject to certain taxes:

• Annual property tax: 1% of the property value exceeding 7.7 million Dominican pesos (approximately $133,000)
• Capital gains tax: 27% on profit from property resale
• Rental income tax: 27% on rental income (if you rent your property)

Tips for Successful Property Management

Once you’ve acquired your oceanfront property, here are some tips to optimize its management:

1. Hire a Local Manager

If you don’t permanently reside in the Dominican Republic, it’s recommended to hire a local manager to take care of your property. They can handle maintenance, repairs, and potential rental of your property.

2. Insure Your Property

Purchase comprehensive home insurance to protect your investment against natural risks (hurricanes, floods) and other damages.

3. Comply with Local Regulations

If you plan to rent your property, make sure to comply with local regulations regarding tourist rentals. Some areas may have specific restrictions.

4. Maintain Your Property Regularly

The Dominican Republic’s tropical climate can be harsh on buildings. Regular maintenance is essential to preserve your property’s long-term value.

5. Integrate into the Local Community

Take time to integrate into the local community. This will help you better understand Dominican culture and fully enjoy your investment.

By following this guide and taking the necessary precautions, you’ll be well-prepared to successfully purchase and manage your oceanfront property in the Dominican Republic. Whether for living, vacationing, or as a rental investment, you’ll be able to fully enjoy the benefits offered by this magnificent Caribbean country.