Is the Dominican Republic a Good Country to Buy Property?

Global Property Guide, updated February 2026

This buying guide answers yes, starting from a fundamental point: foreigners have the same property rights as Dominicans and can buy land and real estate without restrictions anywhere in the country. It describes a three-stage process: legal verification of the title, signing of the promise of sale agreement, and registration of the property with the authorities.

In terms of costs, the buyer pays a 3% transfer tax, around 1% in legal fees and between 0.25% and 1% in notary expenses, for a total of 4.25% to 5% of the price. In terms of returns, the national average rental yield is 7.78%, above most Latin American markets. The guide points to Punta Cana, Santo Domingo, La Romana and Puerto Plata as the main investment destinations because of their tourist demand and appreciation potential.

The guide also warns that Dominican law strongly protects tenants, so enforcing an owner's rights can take time. That is why it recommends having legal advice and professional property management. On the economic environment, it highlights 5% growth in 2024 and controlled inflation, conditions that support investor confidence.

Read the original article: Is The Dominican Republic a Good Country to Buy Property?