Dominican Republic Residential Property Market: 2026 Analysis

Global Property Guide, updated July 31, 2026

This Global Property Guide report, from an international real estate research firm, ranks the Dominican Republic among the Latin American markets with the best rental returns. Gross rental yield reached 8.53% in the first quarter of 2026, up from 7.12% a year earlier. By area, Santo Domingo averages 9.09% and Punta Cana/Bávaro 7.98%. Home prices rose 3.28% year over year as of July 2026, a more moderate pace than in 2024, which points to a market that is stabilizing rather than a bubble.

The report links demand to record tourism (11.68 million visitors in 2025 and 6.6 million in the first half of 2026) and to remittances, which totaled US$6.2 billion in the first half, up 6.7%. Construction also recovered: it grew 6.6% in the first quarter and 6.7% in the second, driven by a 26.1% increase in mortgage lending.

For foreign buyers there are two key facts. Local mortgage rates remain high (11.47% in May 2026), so most purchases are made in cash. In addition, the peso appreciated about 8% against the dollar between January and July 2026. In upscale areas such as Piantini, the price per square meter is around US$2,942. The report expects moderate, sustained appreciation, supported by tourism, remittances and the recovery in construction.

Read the original article: Dominican Republic's Residential Property Market Analysis 2026