Punta Cana Real estate properties - Milos Korac

Punta Cana real estate property guide for the property purchase and Punta Cana rentals, presents Dominican Republic Real estate Punta Cana.

Punta Cana real estate offers properties for sale

Condos - Apartments, Homes - Houses - Villas, Land and Land Lots, Commercial stores, and properties for Rent, Rentals.

Our business is located in Bavaro, Punta Cana, province La Altagracia, Dominican Republic, authorized to sell a great number of real estate properties in Cap Cana, Puntacana Resort, and Bavaro beach areaas.Milos Korac

Punta Cana real estate Apartments

Condos for sale located on the beach, close to the beach and on the golf courses.

Punta Cana real estate Beachfront apartments can be found on the East coast in Cap Cana Marina, Puntacana Marina and Bavaro beach area, Los Corales.

Punta Cana real estate Apartments within walking distance are located in El Cortecito, and Los Corales residential areas.

Punta Cana real estate apartments - condos, not close to the beach are located in Punta Cana Village (Puntacanaresort), Ciudad Las Canas (Cap Cana), Pueblo Bavaro, Residential Bavaro Punta Cana, and Bavaro Beach (from crossroad Coco Loco to crossroad Macao).

Depending out of your price range for purchase, we can find your dream home in any of these locations.

Punta Cana real estate purchase options are cash or financing.

Cash purchase plans are:

  • 5% to reserve in the moment of singing a Purchase Offer
  • 30% two weeks after, in the moment of signing a Purchase Contract
  • 65% paid one month after.

Punta Cana real estate Financing options are:

  • Financing with local banks, with around 30% down payment, and 13% interest rate, up to 15 years for foreigners.
  • Financing in your country as equity loan or credit line, both options will give you a cash to use to purchase a property in another country.

 

Punta Cana real estate Homes / Villas for sale in Punta Cana

Dominican Republic homes Villas, located on the beach, and golf courses.

There are two options for Homes, Villas, built or build.

Building a home in Punta Cana:

Choosing the right location for the land lot, and verifying property titles for the particular land, are first steps for purchasing a land lot on the East coast of Dominican Republic.

Land lots prices starts from 30 usd per m2, up to 1000 usd per m2 and more.

Land lots on the golf courses have prices from 200 usd to 500 usd per m2, depending of the Golf course.

The most expensive land lots are with the Ocean view.

Punta Cana real estate construction regulations:

60 meters from the water to land lot, belongs to Dominican Republic, can not be used for building (except temporary construction with the special  permission of Ministry of Tourism).

Density: 75 rooms per 10,000 m2 (One Hectare) depending of the construction zone.

Coverage: about 30% coverage with the construction.

Architect will deposit first documents for getting the permits and it will take at least 6 months to get it.

After obtaining preliminary permit from city of Higuey, architectural plans are sent to Santo Domingo, where it pass 6 different departments.

During this period you should not build until you get permits for construction.

Price range for construction:

350 usd per m2, 500 usd per m2, 750 usd per m2, and 1000 usd per m2, depending of materials that you are using. (imported or domestic).

After construction you need to apply for getting the title for new home.

Next step is opening electricity account for getting electricity meter.

Buying a already built home is easy and all depends out of your budget.

Homes under 100,000 usd are located 6 km (miles) close to the beach.

Houses from 100,000 usd to 250,000 usd have higher quality materials and more square footage.

Attached homes, that we call Duplex Villas, are from 350,000 usd and up.

Individual homes are from 635,000 usd and up, mostly located on the Golf courses.

By having a property on the Golf course, will get you many benefits regarding beach access, and Golf benefits.

Most important is defining the budget, number of bedrooms and planning how many time (or living permanent) you will be visiting Punta Cana.

Please make an inquiry for more information.

Best regards,

Milos Korac
809-653-9196
809-257-4445

 

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Condos Apartments

Punta Cana Condos for sale - Bavaro, Cap Cana, Punta Cana
Punta Cana Condos for sale - Bavaro, Cap Cana, Punta Cana
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