Real Estate opportunities in the Dominican Republic

The Dominican Republic is wide open to foreign investment, and as a result, many foreigners are beginning to invest/buy real estate in the country. There are a number of real estate opportunities available, whether you're looking to purchase a personal vacation property, an investment property, a commercial property, or wish to develop a property for personal or commercial purposes. Property in the Dominican Republic is very moderately priced when compared to similar type properties in North America, Europe, or other Caribbean Islands, but price/value is not the only thing to be considered when making your purchase. For example, you will want to consider the property or real estate purchase/sale taxes that may need to be paid, the maintenance and security that may be required (especially if it is an investment property and/or you will not live on the property year-round), as well as any rental income/management scenarios that may be applicable regarding the property, before making your purchase decision.