PUERTO PLATA HOUSES AND VILLAS
Puerto Plata real estate is seeing a wider space in the Dominican Republic housing investment spectrum since the opening of Amber Cove cruise port from Carnival Cruises in 2015, specially now that a second cruise ship port was added (Taino Bay). Houses for sale, condos and land are now in high demand by both local and foreign buyers who are savvy about investing in an emerging market that has complemented many of the Puerto Plata all-inclusive resorts with private villa rentals for bed & breakfast purposes, offering an attractive return on investment.
Real Estate in the Caribbean is known to be very stable, and purchasing property in the islands has always been a top bucket list item for international investors. Puerto Plata houses offer easy access to ocean views, nearby beaches and a more laid back lifestyle. Buyers might choose to buy in the North DR for vacationing, living, or generate vacation rental income from tourists that visit the region each year.
PUERTO PLATA BEACH TOWNS
Puerto Plata beach towns such as Sosua, Cabarete, Cofresi and Costambar are also important for many real estate buyers seeking to invest in villas, condos and land. Property prices in these towns are higher, and foreigners are more comfortable buying homes inside gated communities, as those offer better security and its owners travel from time to time. Security in Puerto Plata is good, more so because it is a tourist destination that now has 2 cruise ship ports that tour the city every week.
Puerto Plata has daily flights from Canada and the USA, and it takes less than 2 hours to fly from Miami airport to POP airport. This makes it very attractive for Canadians and North Americans from the States who can fly in and out easily. Visas are readily available, and overstaying a full year only costs USD$100.00 and foreigners can apply for citizenship as well.
Local management is also available to handle cleaning, maintenance and utility bills. Compared to prices overseas, Puerto Plata homes with high quality construction can start as low as $130k, and higher end homes around $185k. Always make sure to buy from a company with many years in the market, and have deslinde title with a good lawyer involved. Puerto Plata real estate listed here is taken from Golden Treasures Real Estate.