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Real Estate in Cabarete, Dominican Rep | Expat Exchange
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Real Estate in Cabarete, the Dominican Republic

By Betsy Burlingame

Last updated on Jun 10, 2024

Summary: People living in Cabarete, Dominican Rep offer advice about real estate. How do you find a home in Cabarete? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Cabarete?

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

"Finding a place to live in Cabarete, Dominican Republic involves several steps. First, you need to determine your budget and what type of accommodation you are looking for. This could range from a small apartment to a large villa. Next, you should research the different neighborhoods in Cabarete to find one that suits your lifestyle and preferences. Some people might prefer a quiet area, while others might want to be close to the beach or the town center. Once you have an idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for rentals in Cabarete, such as Airbnb, Booking.com, and local real estate websites. You can also contact local real estate agents who can help you find a place to live. They have extensive knowledge of the local market and can help you find a place that fits your needs and budget. Another option is to visit Cabarete and look for rentals in person. This can be a good way to get a feel for the different neighborhoods and see the properties in person before making a decision. Once you've found a place you like, make sure to thoroughly read the rental agreement before signing. Check the terms and conditions, the duration of the lease, and what is included in the rent. Finally, before moving in, it's a good idea to inspect the property for any damages and make sure everything is in working order. If there are any issues, report them to the landlord or property manager immediately," said one expat who made the move to Cabarete.

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What is a typical expat home or apartment like in Cabarete?

"A typical expat home or apartment in Cabarete, Dominican Republic, is often located near the beach, offering stunning ocean views. These homes are usually spacious, with open floor plans that allow for plenty of natural light. They often feature modern amenities such as air conditioning, high-speed internet, and fully equipped kitchens. Many have private balconies or terraces, perfect for enjoying the tropical climate. The decor often reflects the local culture, with vibrant colors and tropical motifs. Some homes may also have a private pool or access to a community pool. Security is typically a priority, with gated communities being a popular choice among expats. Many of these homes are within walking distance to local shops, restaurants, and other amenities. Despite being fully furnished and equipped with modern amenities, these homes often blend seamlessly with the natural beauty of Cabarete, with lush gardens and palm trees surrounding the properties," said one expat in Cabarete.

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What is the average cost of housing in Cabarete?

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

"The average cost of housing in Cabarete, Dominican Republic can vary greatly depending on the type and location of the property. For a one-bedroom apartment in the city center, the monthly rent can be quite affordable. However, larger apartments or houses, especially those in prime locations or with luxury amenities, can be significantly more expensive. If you're looking to buy property, the cost per square meter can also fluctuate based on location and the condition of the property. Overall, while Cabarete can be more affordable than many other popular tourist destinations, the cost of housing can still be quite high, particularly for premium properties," remarked one foreigner who made the move to Cabarete.

Should I buy or rent a home in Cabarete?

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

"The decision to buy or rent a home in Cabarete, Dominican Republic, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Cabarete for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a potential source of rental income if you choose to rent it out when you're not there. On the other hand, renting a home in Cabarete might be a better option if you're not sure about your long-term plans or if you prefer not to have the responsibilities of home ownership. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also means you won't have to worry about property maintenance or other costs associated with owning a home. It's also important to consider the local real estate market in Cabarete. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or stagnant, it might be more cost-effective to rent. In conclusion, whether you should buy or rent a home in Cabarete, Dominican Republic, depends on your personal and financial circumstances. It's a decision that should be made after careful consideration and, if possible, with the advice of a real estate professional," explained one expat living in Cabarete, 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.

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