Buying Property

In a real estate transaction, the positions of seller and buyer are inherently susceptible to conflict. This is particularly true when an attorney has a long-standing relationship with one party. A conflict of interest exists when an attorney acts for the seller/developer in the sale of a home and the buyer also relies on that […]

Before handing over your money, consider these top five questions that will help ensure you’re not getting taken advantage of, and remember hiring a real estate lawyer in the Dominican Republic before launching on this exciting venture.

When you invest in a pre-construction sale, there are certain risks that come with it. You’re trusting your money to the developer who will eventually build and deliver your property and title deed.

A proper due diligence is a must if you don´t want to find out later that the property had a developer or construction lien against it, the land was not authorized to be sold, real estate fraud, or a long-lost relative making a claim on the land. Take the proper steps to prevent this situation from happening to you.

This time, our goal is to lay out the process for purchasing real estate, step by step and will lay out relevant regulations and good practices for people to have a safe and secure transaction.

In every country the process in which one buys or sells a property is different. In the case of Dominican Republic Real Estate, the legal process can become very bureaucratic and cumbersome for someone with no expertise whatsoever.

Investing in the Dominican Republic or buying property in Punta Cana can be incredibly challenging if you don’t know your way around the market. Here are some things to guide you:

The Dominican Republic is the number one destination in the Caribbean for tourism and one of the top 5 destinations in the Americas, welcoming over 7 million tourists, and expats every year from all over the world including North America, Europe, Asia and South America.

Buying property in Dominican Republic is a fairly transparent process. However, as with business transactions anywhere in the world, it is important to do your homework and work with professionals.