Pre-construction investment benefits in the Dominican Republic, Punta Cana and other:

[Junior Jaquet Hernandez]

In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.

Among the benefits of acquiring properties on plans are the following:

1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.

2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.

a)- Real estate transfer tax 3%.

b)- Real estate asset tax (IPI) 1%.

3- Financing available with an interest rate of 0%:

Which works depending on the policies of each project, it normally works as follows.

a)- the unit must be reserved from $2000 onwards.

b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.

c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly payments

d)- the remaining 50% can be financed with a bank or you can pay it cash.

4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..

Thank you