×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Real Estate in Las Terrenas, Dominican Rep | Expat Exchange
Expat Exchange
Free MembershipSign In
Las Terrenas, Dominican Republic

Real Estate in Las Terrenas, the Dominican Republic

By Betsy Burlingame

Last updated on Apr 01, 2023

Summary: The average cost of a nice 2 bedroom home in Las Terrenas, Dominican Rep is around $200,000 USD. The average cost of a nice 3 bedroom home in Las Terrenas is around $250,000 USD. These properties typically include modern amenities such as air conditioning, swimming pools, and private gardens. There are no restrictions on foreign ownership for properties in Las Terrenas. An expat should search for a home to buy in Las Terrenas by researching the local real estate market, visiting the area, and speaking with local real estate agents. The most desirable neighborhoods in Las Terrenas include Playa Bonita, El Portillo, and Las Ballenas.

Abreu & Associates Immigration Services
Abreu & Associates Immigration Services
Abreu & Associates Immigration Services
Abreu & Associates Immigration Services

How do I find a place to live in Las Terrenas?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Las Terrenas is to contact a local real estate agent. They will be able to provide you with a list of available properties in the area and can help you find the perfect place to call home. Additionally, you can search online for rental listings in the area, or ask around in the local community for recommendations," remarked one member in Las Terrenas.

Abreu & Associates Immigration Services Abreu & Associates Immigration Services
Connect

Abreu & Associates is a law firm practicing exclusively in the area of the Dominican Republic Immigration process and Nationality law. The firm serves as a trusted advisor in all practice areas of immigration law including Visa, Provisional Residency, Permanent Residency, Renewals, Investment Management, Dominican and American Citizenship, and Dominican Driver's License.

Click connect to have our partner contact you via e-mail and/or phone.

Abreu & Associates Immigration Services Abreu & Associates Immigration Services

Abreu & Associates is a law firm practicing exclusively in the area of the Dominican Republic Immigration process and Nationality law. The firm serves as a trusted advisor in all practice areas of immigration law including Visa, Provisional Residency, Permanent Residency, Renewals, Investment Management, Dominican and American Citizenship, and Dominican Driver's License.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What is a typical expat home or apartment like in Las Terrenas?

"Expat homes and apartments in Las Terrenas are typically spacious and modern, with large windows and balconies that offer stunning views of the Caribbean Sea. Many of the homes and apartments are located in gated communities, providing a safe and secure environment for expats. The homes and apartments are often equipped with modern amenities such as air conditioning, high-speed internet, and satellite television. Expats can also find a variety of restaurants, shops, and other services within walking distance of their homes," remarked one member in Las Terrenas.

Abreu & Associates Immigration Services

Abreu & Associates is a law firm practicing exclusively in the area of the Dominican Republic Immigration process and Nationality law. The firm serves as a trusted advisor in all practice areas of immigration law including Visa, Provisional Residency, Permanent Residency, Renewals, Investment Management, Dominican and American Citizenship, and Dominican Driver's License.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Abreu & Associates Immigration Services

Abreu & Associates is a law firm practicing exclusively in the area of the Dominican Republic Immigration process and Nationality law. The firm serves as a trusted advisor in all practice areas of immigration law including Visa, Provisional Residency, Permanent Residency, Renewals, Investment Management, Dominican and American Citizenship, and Dominican Driver's License.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What is the average cost of housing in Las Terrenas?

If you are thinking about moving to Las Terrenas, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Las Terrenas varies depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in the city center is around $500 per month, while a three-bedroom house in a more rural area can cost up to $1,500 per month. Prices can also vary depending on the season, with higher prices during peak tourist season," said one person in Las Terrenas.

Should I buy or rent a home in Las Terrenas?

If you have not spent a lot of time in Las Terrenas, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Las Terrenas can be a great investment. The area is known for its beautiful beaches, lush tropical forests, and vibrant culture. The cost of living is relatively low, and the real estate market is growing. Renting a home in Las Terrenas can also be a great option, as it allows you to enjoy the area without the commitment of buying a home. You can also take advantage of the many short-term rental options available in the area. Ultimately, the decision to buy or rent a home in Las Terrenas should be based on your individual needs and preferences," remarked one foreigner who made the move to Las Terrenas.

What do I need to know when buying property in Las Terrenas?

When we asked expats what advice they would give a foreigner before buying a property in Las Terrenas, they said:

"1. It is important to research the area and the local market before making a purchase. 2. Make sure to hire a reputable lawyer to help you with the legal aspects of the purchase. 3. Consider the cost of living in the area and the availability of amenities such as schools, hospitals, and shopping. 4. Be aware of the local laws and regulations regarding property ownership. 5. Make sure to obtain a title deed for the property and ensure that all taxes and fees are paid. 6. Consider the potential for rental income if you are looking to purchase an investment property. 7. Be aware of the potential for natural disasters such as hurricanes and earthquakes in the area. 8. Make sure to inspect the property thoroughly before making a purchase," wrote one expat who made the move to Las Terrenas.

Are foreigners allowed to own property in Las Terrenas?

When we asked expats what advice they would give a foreigner before buying a property in Las Terrenas, they said...

"Yes, foreigners are allowed to own property in Las Terrenas. The country's laws and constitution provide equal rights to both locals and foreigners when it comes to property ownership. However, it is essential for foreign buyers to follow the proper legal procedures and work with a reputable attorney to ensure a smooth and secure transaction. Additionally, foreigners may need to obtain a tax identification number and register with the appropriate government agencies to complete the property purchase," said one expat in Las Terrenas.

What appliances are typically included in a rental?

We asked foreigners in Las Terrenas what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Las Terrenas typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and air conditioning," explained one person living in Las Terrenas, the Dominican Republic.

Additional Information about Searching for a Home in Las Terrenas:

We asked foreigners in Las Terrenas what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Las Terrenas often begin by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already settled in the area. Additionally, expats may choose to work with a local real estate agent who can help them navigate the market and find a suitable home. Visiting the area in person to explore neighborhoods and attend open houses can also be helpful in finding the perfect home. Networking with locals and other expats can also lead to potential housing opportunities that may not be listed online," explained one person living in Las Terrenas, the Dominican Republic.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Las Terrenas, Dominican Republic

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Contribute to Dominican Rep Network Contribute
Help others in Dominican Rep by answering questions about the challenges and adventures of living in Dominican Rep.

Abreu & Associates Immigration Services
Abreu & Associates Immigration Services

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides