DR Real Estate Market

rlwoodz · 2022-04-24T22:05:26+02:00

I have watched the real estate market there and see a surge in new construction prices. I've also talked to agents who say the same thing. Driving prices are both demand and increased materials costs. My focus has been on primarily Santo Domingo in high rise apartments. I had a pre-construction contract there I cancelled for a variety of reasons which makes for a complex story. I'd appreciate any and all comments here but to get started but I'll start with an apartment that was at a complex in SD near the government district area in a division called Evaristo Morales. Original contract price was 121.5 in March 2021. Increased materials cost put it at 140k. It was 2 bedroom, 1.5 baths on a 7th floor. I terminated contract in March 2022. Now I'm seeing much increased prices but a conscientious real estate pro their said he thought prices will go down. Any insights are very much welcomed and appreciated. Thank you

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Bhavna Team

Member since 01 June 2015

BhavnaTeam22 March 2023 01:44:44

#81

40556

Hello everyone,

Please note that some posts have been removed from this thread. These posts were only negative opinions and generalisation with no constructive criticism.

All the best

Bhavna

planner Dominican Republic Expert

Member since 27 December 2010

Dominican Republic Expert

plannerDominican Republic Expert22 March 2023 10:17:28

#82

17199

Thanks! I will message as to why I cannot remove these myself!

Moe_11 Member

Member since 27 August 2023

Moe_11Member27 August 2023 18:43:01

#83

@polo1club

hi can you please share the contact details ?

Moe_11 Member

Member since 27 August 2023

Moe_11Member27 August 2023 18:45:22

#84

@polo1club

would you mind to share her contact details?

Thanks

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