Although the Dominican Republic is a developing island, it is home to many foreigners that want the best of the best when it comes to luxury properties. On one hand, you’ll be surprised to know that you can get your hands on luxury living, without the unreasonably expensive price tag. There are so many up-and-coming projects that reflect a high-quality building standard, but range in cost. On the other hand, true luxury can run you a good million or more depending on where it is located and which community it sits in.
From private villas in the lush hills to exclusive oceanfront gated communities, we have the perfect luxury properties to peak your buying interest. Let’s look at some of the best options we have available for buying luxury properties in the Dominican Republic!
Where is the Best place in the DR to find a luxury home?
It’s no doubt that the north coast is one of the most popular areas in the Dominican Republic. It’s abundance of foreigners and modern style homes give a great reputation for luxurious travel or living.
The DR’s most affluent communities have homes listed for sale ranging in cost for various reasons. The obvious factor being size, how many bedrooms, and land space. Another reason being where it is situated in proximity to the beach, and which gated luxury community it is located in. When it comes to a luxury home in a gated community, good reliable security is a guarantee. Mostly all guards are armed and are on site 24/7, which means you will be highly protected and not have to worry about trespassers.
For example, Las Canas is a very highly favored community for those seeking luxury, security, and beauty on the ocean front. Although these villas are on the expensive side, the reputation of the Las Canas luxury community is truly reflected in its price tag. If you are a luxury home buyer, you know location status matters. Listed at 2.7 million, this luxury home in Las Canas is certainly grand. It is a true oceanfront property and has many of the features a luxury home buyer may be looking for. Check it out! -> Spectacular Beachfront Villa – RealtorDR
Las Terrenas, La Romana, and Cabrera are also noted on the list of luxury areas in the Dominican
Republic. Las Terrenas and Cabrera are located on the eastern north coast, while La Romana is located on the southern coastal end of the island, east of Santo Domingo. Here are some well-known luxury communities with extravagant properties, located in the Dominican Republic:
• Sea Horse Ranch – Sosua, Puerto Plata
• Las Canas – Puerto Plata
• Orchid Bay Estates – Cabrera
• Casa de Campo – La Romana
What features should I look for in a luxury home?
Luxury home buyers, just like anyone, certainly have personal preferences about style and what appeals to them. As many homes in the Dominican Republic come furnished upon sale, many homebuyers prefer to have the home styled as close to their preference as possible. Of course, items like furnishings such as couches, beds, and tables can be replaced. However, it is probably best to find a home that reflects an overall style and identity you fall in love with and see the most potential in. For example, this could mean to determine whether you prefer a modern or classic style villa. The boxy, clean white modern villa, versus a terracotta roof with neutral tones, are two very common build styles here in the Dominican Republic.
The amenities of any luxury home are key features that can add some serious value to the property. Whether it be a gym, sauna, pool bar or even a theatre room; if you buy a luxury property here in the Dominican Republic, the more amenities the better. Many luxury homes come with guest suites or pool houses separate from the home. Also, a second kitchen is very common which would be used as a chef’s headquarters. Space is of no shortage in many luxury homes, especially when it is on a larger lot of land. The backyard and pool area are often a wow factor, as the back of the home can be an impressive feature where many enjoy the tropics and entertain guests.
The importance of a beautiful view from a luxury home…
When choosing a luxury property, nothing beats a fantastic view. A nice view is known to increase the value of the home significantly, and the more elevated, the better. Ocean front properties are in high demand, and much higher in value. This is because there is only so much coastline available for certain luxury developments! If you are thinking about a luxury oceanfront home, consider Cabrera, or Las Canas. There are new sprouting developments in the million-dollar range that offer exclusive community access to the oceanfront!
If you prefer to be further away from the ocean, then a lush tropical view of the hills and mountains might be for you! Many luxury properties in the Dominican Republic are also located in the beautiful green hills. Although it may seem like quite the distance inland, being surrounded by beautiful mountains and hills can not only offer great views and privacy but is often protected from extreme weather conditions! As most of the north coast does have surrounding greenery, it is common to have a mountain, or ocean view when living in a luxury home in the Dominican Republic.
Maintaining a luxury property in the Dominican Republic…
With such a large property, it is highly recommended to have maintenance and house staff do regular upkeep on your luxury property. There are plenty of property management companies that tend to necessary maintenance tasks to make sure your luxury home stays in top shape. It is important to stay on top of maintenance work in a timely fashion and do routine checkups on your luxury property. This ensures the value stays high and keeps your home in luxury status!
Some basic maintenance includes:
• cleaning and regulating pool systems
• landscaping and trimming of the foliage
• laundering, and cleaning services
• calcium treatments for all water sources (due to hard water damage)
However, if you live in a gated community, much like Sea Horse Ranch, or Sosua Ocean Village – you won’t have to worry about hiring maintenance staff . Communities often have their own staff that you pay a monthly HOA fee for. HOA fees are generally priced per square meter of property that requires maintenance. For the average sized 2–3-bedroom villa can cost around $200-300 USD per month, so you could imagine the cost to be somewhat higher for a larger, luxury property in these communities. Considering many homeowners may not be living in the Dominican Republic year-round, it’s important to have a staff to stay on top of upkeep, ensuring your luxury value.