Dominican Republic: House Prices, Rents, and Rental Yields
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Last Updated: Jan 03, 2008
No yields figures
| Last Updated: Jan. 03, 2008 | |||||
| NORTHERN AREA * - Apartments |
COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 60 sq. m. | 86,460 | n.a. | n.a. | 1,441 | n.a. |
| 90 sq. m. | 144,630 | n.a. | n.a. | 1,607 | n.a. |
| 120 sq. m. | 224,640 | n.a. | n.a. | 1,872 | n.a. |
| 150 sq. m. | 313,500 | n.a. | n.a. | 2,090 | n.a. |
| 165+ sq. m. | 427,515 | n.a. | n.a. | 2,591 | n.a. |
| NORTHERN AREA - Houses |
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| 120 sq. m. | 160,560 | n.a. | n.a. | 1,338 | n.a. |
| 160 sq. m. | 224,160 | n.a. | n.a. | 1,401 | n.a. |
| 200 sq. m. | 264,800 | n.a. | n.a. | 1,324 | n.a. |
| 240 sq. m. | 332,880 | n.a. | n.a. | 1,387 | n.a. |
| 290 sq. m. | 423,980 | n.a. | n.a. | 1,462 | n.a. |
| 330 sq. m. | 525,360 | n.a. | n.a. | 1,592 | n.a. |
| 430 sq. m. | 582,650 | n.a. | n.a. | 1,355 | n.a. |
| 500+ sq. m. | 886,000+ | n.a. | n.a. | 1,772 | n.a. |
| * Cabarete, Puerto Plata and Sosua
Source: Global Property Guide |
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Apartment prices can go as high as $2,600 per sq. m for units with 165-sq. m and larger. On the average, apartments sell at $1,920 per sq. m. Per sq. m prices go up as apartment size increases.
Houses, on the other hand, are relatively cheaper, selling at the average of $1,454 per sq. m. A 200-sq. m house in the northern area of the Dominican Republic sells at around $1,324 per sq. m.
There is not enough rental information to generate yields figures.
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