Real estate Parameters
Area: 138 m2
Number of rooms: 2 bedrooms, 2.5 bathrooms
Condition: fully furnished
Price: $175,000
Description of the object
An apartment in the center of the popular resort town of Cabarete is a unique opportunity to purchase real estate in the Caribbean. The spacious and bright rooms with a comfortable layout are suitable for both permanent residence and rental. Fully furnished, you can immediately move in or start using the property as an investment.
Two bedrooms and 2.5 bathrooms provide comfort and functionality, and an area of 138 square meters allows you to enjoy comfort and spaciousness. The location of the apartment near the beach and the city center makes it especially attractive for tourists and residents.
Description of the region
Cabarete is one of the most sought–after places in the Dominican Republic due to its beaches, international atmosphere and well-developed infrastructure. The city is famous for surfing, kiteboarding and windsurfing, attracting tourists from all over the world. The average temperature here is +26 °C all year round, which makes this place ideal for both holidays and long-term stays.
Cabarete is actively developing, and real estate prices continue to rise due to investments in the tourism and residential sectors.
Advantages of the purchase
Investment benefit: The average rental rate for such properties is $1,200–$1,500 per month. The high demand for rental among tourists and expats ensures a stable income.
Liquidity: Investing in real estate in Cabaret is a long–term benefit due to the steady increase in prices.
Residence permit in the Dominican Republic: The purchase of real estate worth more than $200,000 makes it possible to obtain a residence permit.
Price growth analysis
The real estate market in Kabareta is steadily developing. Over the past 5 years, apartment prices have increased by about 25-30%, depending on the location and characteristics of the facility. The annual price increase is about 5-7%. The high popularity of the region among tourists and investors guarantees the reliability of investments.
