Wonderful beaches, a crystal clear sea and the feeling of living an eternal holiday. No, it's not a dream! In the list of the most beautiful places and desired by investors, we could not help but mention her, a unique country and always synonymous with well-being and relaxation. What will be the country that will be the subject of our mini guide? Get ready, because we at Realigro have decided to analyze for you and with you, one of the most beautiful destinations in the world: the Dominican Republic!
Who has never wanted to leave everyday life to leave with a one-way ticket to discover this land? This tropical paradise is home to many tourists every year and, since 2017, has been revalued by investors who, eager to change their lives and make a profitable investment, have decided to buy a property in the Dominican Republic. Santo Domingo, Bayahibe, Punta Cana ... which will be the most suitable city for you? Well, let's find out together!
Let's start our mini guide, now all tropical, identifying geographically, the exact location of this land. The Dominican Republic occupies much of the Caribbean island of Hispaniola (Great Antilles). Wet by the Atlantic, the Caribbean Sea and the Canal de la Mona, it is undoubtedly one of the most beautiful countries on the planet.
With its predominantly mountainous territory, gives tourists a double advantage: to visit a typical Caribbean resort but with a particularly varied fauna and flora. The official language is obviously Spanish but, one of the main characteristics present in this land, is given by the coexistence of various ethnic groups. For this reason, it is really difficult to find communication problems once you arrive in this country: the population is very friendly and welcomes with enthusiasm the potential Dominican citizens!
At an administrative level, this republic is divided into 31 provinces, in turn developed into municipalities. Among the most important cities we remember of course the capital, Santo Domingo, cultural, economic and political center of the entire country. Cradle of the Universidad Autonoma de Santo Domingo, every year welcomes many students from all over the world, eager to live a unique and unrepeatable experience, obviously improving their knowledge of the Spanish language.
How can I reach this state? A valid passport is required for the entire period of stay in the country. A visa is not required if the period does not exceed 30 days (after which it is mandatory to apply for it). It should be remembered that to enter this country you must pay a fee of about 10 euros called Tarjeta de Turista . On the economic level, the Dominican Republic has recorded a remarkable result in recent years. The driving elements are undoubtedly derived from tourism and real estate.
So, what are the areas where you should buy a property in this land? Let's start from the assumption in the Republic, the cost of living is really low and homogeneous throughout the territory. Here is a small report of the main expenses that you may face:
l rice (main food) 18 - 25 pesos (0.36 - 0.50 euros) per pound
An egg costs between 5 and 7 pesos ( 0,10 - 0,15 euro)
Chicken meat 50 pesos alla pound (0,80 - 1 euro)
Salad 30 pesos per piece
Potatoes 30 pesos (0,50 euro) per pound
Tomatoes 30 pesos (0,50 euro ) per pound
Petrol 200 pesos per gallon ( 1,1 euro per litre )
Electricity consumption: 40-50 euro per month
Internet: 30 euros per month
Gas consumption for cooking: 15 euro per month
For the purchase of a property therefore, there are no more or less convenient areas in this land. We recommend without a doubt the capital, lively and particularly active under all fronts, with rents that reach a maximum of 700 euros per month. Among the other places no doubt less dynamic but still wonderful, remember Sosùa, where you can find advantageous opportunities even without exceeding 300 euros per month.
If you intend to buy a property instead, prices start from 60,000 euros (national average).
What can I say, we hope that our guide has been useful to resolve any doubt and ... we wish you a pleasant journey, to discover the Dominican Republic!
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