A rare offer for investors and developers is land plots in the very center of the resort town of Cabarete on the north coast of the Dominican Republic. This is an ideal opportunity to implement a residential or commercial project in one of the most sought-after regions of the country.
Object characteristics
• Location: Cabarete city center
• Distance to the ocean: only 200 m
• Land area: from 1,000 m2
• Purpose: construction of residential complexes, condominiums or private villas
• Cost: from 450,000 USD
• Infrastructure: shops, supermarkets, restaurants, schools and recreation areas are located nearby.
Location Advantages
Cabarete is a lively tourist center known for its beaches, surfing and cozy atmosphere. Construction is actively developing here, which makes the land especially attractive for investment. The city is located just a 20-minute drive from Puerto Plata Airport and has excellent transport accessibility.
Investment attractiveness
• Profitability: the potential rental income of the built apartments ranges from 1,000 to 2,500 USD per month, depending on the season and housing format.
• Cost growth: over the past 5 years, the price of land in the central part of Cabarete has increased by 25-30%, confirming the steady interest in this area.
• The possibility of a residence permit: the purchase of real estate starting from 200,000 USD opens the way to obtaining a residence permit in the Dominican Republic.