Gross rental yields in Dominican Republic: Santo Domingo and Punta Cana
The average gross rental yield in Dominican Republic stands at 6.74% (2024, Q2).
- Santo Domingo
- Punta Cana
| Last Updated: May. 07, 2024 | |||
| SANTO DOMINGO (combined) | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| All Locations | |||
| 1-Bedroom | $175,000 | $1,000 | 6.86% |
| 2-Bedroom | $240,000 | $1,400 | 7.00% |
| 3-Bedroom | $326,000 | $1,700 | 6.26% |
| 4+Bedroom | $550,000 | $4,500 | 9.82% |
| Santo Domingo (combined) avg. rental yields | 7.48% | ||
| PUNTA CANA (combined) | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| All Locations | |||
| 2-Bedroom | $289,000 | $1,500 | 6.23% |
| 3-Bedroom | $500,000 | $3,300 | 7.92% |
| 4+Bedroom | $1,350,000 | $4,350 | 3.87% |
| Punta Cana (combined) avg. rental yields | 6.01% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Point2Homes.com/DO |
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Dominican Republic's Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Dominican Republic. We used the local website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).