Buying an apartment in Punta Cana is simple when you know the steps. These are the tips we share with every buyer before they reserve a unit.
1. Define your goal first
Do you want a vacation home, a rental investment or a place to live? The answer decides the area, the size and the type of project. Bávaro suits rental income and affordable entry prices, while golf and gated communities suit lifestyle buyers.
2. Prepare your documents
Foreign buyers need a valid passport, a Dominican tax identification number (RNC or RNF) and proof of funds. A lawyer handles the title search, the agreement, the notarized transfer and the registration.
3. Budget for closing costs
On top of the price, plan for transfer tax (3%), notary fees (about 1%), attorney fees (usually 1% to 1.5%) and a small registration fee. Closing costs for foreign buyers typically run between 4% and 6% of the purchase price.
4. Ask if the project is CONFOTUR certified
CONFOTUR is the Dominican tourism incentive law. A certified project can give exemptions on transfer tax, annual property tax and import duties for up to 20 years. Always confirm the certification with the developer and your lawyer before you pay anything.
5. Understand the payment plan
New construction projects often offer in-house payment plans, with reservations from as little as $3,000, spread across the construction period. Banks also finance foreign buyers, typically at 60% to 70% of the value.
6. Check the project and the unit
Ask for the floor plans, the unit size, the amenities that are included and the building's maintenance fees. Compare the same unit type across projects, not only the headline price.
7. Use a local bilingual agent
A local agent explains each step in English and Spanish, coordinates with the lawyer and the developer, and helps you avoid surprises. Message Sonia on WhatsApp to get started.
Frequently asked questions
How long does buying an apartment in Punta Cana take?
The legal process usually takes 30 to 60 days: agreement, title search, notarized transfer and registration.
Can foreigners buy apartments in Punta Cana?
Yes. Foreign nationals have the same property rights as Dominican citizens, with no residency required.
