Aerial view of the palm-lined shore in Las Terrenas, Samaná

Buying Property in Las Terrenas

Everything international buyers need to know: market, process, costs and what to expect.

Why Buyers Choose Las Terrenas

A growing Caribbean market with accessible entry prices, equal foreign ownership rights and, among the Caribbean markets we compared, a uniquely long 15-year buyer tax holiday on qualifying properties.

5.6-7.7%Las Terrenas Net Rental Yield
6-8%Las Terrenas Price Growth Outlook
4-6%Closing Costs

Net yield is a Navetta estimate for well-managed properties, from the 8.53% national gross benchmark (Global Property Guide, Q1 2026) adjusted for local costs. Price growth is Global Property Guide’s projection for Las Terrenas and Punta Cana over the next 3 to 5 years. Closing costs: DGII 2026.

These figures are market estimates from the sources cited above, and individual results vary by property, location and management. Nothing on this page constitutes investment, legal or tax advice. We recommend engaging a licensed Dominican attorney and a qualified tax advisor before transacting.

USD-Denominated Market

Real estate is transacted almost entirely in U.S. dollars, substantially neutralizing peso currency risk at the asset level.

Tourism Growth

11.6 million visitors in 2025, the Dominican Republic's tenth consecutive tourism record. Sustained demand drives rental income and appreciation. Source: MITUR Dec 2025.

Residency Pathway

Property ownership in the Dominican Republic opens a direct path to legal residency. Several residency categories are accessible to property buyers, including the Rentista and investor visa options.

No Rental Restrictions by Law

Dominican law places no restriction on foreign owners renting short or long term. Condominium bylaws can still limit short-term letting, so check them for a specific building before buying.

Four Buyer Profiles

Retirees & Lifestyle Buyers

Lower cost of living, warm climate and an established multilingual expat community. Straightforward residency paths and accessible healthcare options.

Second-Home Buyers

Vacation properties with rental income during non-use periods. Lifestyle value combined with financial practicality in a USD-denominated market.

Investors

Yield, capital appreciation and portfolio diversification. 8.53% gross rental yields nationally (Global Property Guide Q1 2026) and CONFOTUR tax advantages on qualifying projects.

Remote Workers

Geographic proximity to major time zones, reliable connectivity and an active international community. Growing coworking infrastructure.

How to Buy Property in Las Terrenas

Six steps from property search to keys in hand.

Property Search

Work with a professional broker to identify properties matching your criteria and budget. Site visits and inspection are essential.

Due Diligence

Attorney verifies title, liens, zoning and CONFOTUR status. Non-negotiable step before any payment.

Escrow & Reservation

Deposit held in escrow account. Reservation agreement signed with terms, timeline and conditions.

Purchase Agreement

Signed contract with full terms. Typically 10% down with 30 to 60 day closing timeline.

Title Transfer

Notarized deed registered with Registro de Titulos. Transfer tax paid (3%, waived for CONFOTUR properties).

Post-Closing

Utility transfers, property management setup and rental configuration if applicable.

What Does It Cost to Buy?

Total acquisition costs typically run 4 to 6% of purchase price.

Transfer Tax3%

On the higher of the DGII appraisal and the sale price. Waived on CONFOTUR-certified properties.

Legal Fees0.5-1.5%

Attorney representation, title search, due diligence and document processing.

Notary Fees0.25-1%

The notary who draws up the Acto de Venta and authenticates signatures.

Registry and Admin0.25-0.5%

Title registration at the Registro de Títulos, stamps and filing fees.

Annual Property Tax (IPI)

1% of property value above RD$10,695,494 (2026 threshold). Properties under this value are fully exempt. CONFOTUR-certified properties may be exempt for up to 15 years.

Understanding CONFOTUR exemptions →

Sources: DGII 2026; TheLatinvestor, February 2026; PwC Worldwide Tax Summaries 2025

Financing Options

Cash PurchaseMost Common

Most international buyers purchase with cash. Faster closing, stronger negotiating position and no currency exposure on financing. Bank account setup in DR recommended. Banking guide →

Dominican Bank Mortgage10-20 yrs

Available to non-residents. Typical terms: 20-30% down payment, 8-14% annual interest, 10-20 year terms. USD-denominated loans available at select banks.

Developer FinancingFlexible Terms

Available on most pre-construction projects. Often more flexible than bank mortgages, with staged payment plans aligned to construction milestones. Most qualifying projects are CONFOTUR-eligible.

We recommend using an independent escrow provider regardless of payment method. Read our escrow guide →

Frequently Asked Questions

Yes. Foreign buyers have the same property ownership rights as Dominican citizens under Law 108-05 (2007). Purchases are made through a registered title system with legal representation and escrow protection. Source: Guzman Ariza Buyer's Guide 2025; DR Law 108-05.

Typically 4 to 6% of the purchase price: a 3% transfer tax, 0.5 to 1.5% in legal fees, 0.25 to 1% in notary fees and 0.25 to 0.5% in registry and administrative fees. CONFOTUR-certified properties have the 3% transfer tax waived at closing. Source: DGII; TheLatinvestor, February 2026.

30 to 60 days from signed agreement to closing, depending on due diligence, financing structure and document processing timelines. Pre-construction purchases follow developer timelines.

Yes. A qualified attorney verifies clear ownership, absence of liens and zoning compliance before closing. This step is non-negotiable and protects you from acquiring encumbered property.

Yes. Well-positioned properties in prime locations perform well in the short-term vacation rental market, particularly during peak season (December to April). Gross rental yields nationally averaged 8.53% in Q1 2026, up from 7.78% in Q3 2025. Source: Global Property Guide Q1 2026.

Ready to Buy in Las Terrenas?

Connect with our team to explore current listings, schedule property tours and begin your buying journey. When you buy with us, we work for you and guide you through the title, tax and contract checks before any money moves.