One of the most frequent questions we get is, “Can I build a house in the DR?” Absolutely! Here in Cabarete/Sosua, you have excellent options that range from multiple designs within a fully gated community, to custom construction on your own plot of land. This suite of choices covers many price ranges and can be situated beachside or up in the hills with panoramic views.
Today I will discuss four different approaches and give you an idea of the different styles and locations you can choose. Obviously this is meant to be an introduction only and a trip here to meet with Sally and me as well as with different developers is a crucial step, so let’s get started.
Option One: Beachside Villa. This dream is one many of us share but it requires a little insight. This north coast real estate area is a “part time residency” location as well as tourist destination for wind and water sports, so both beachfront condos and beachside villas have become mainstream option for people looking to get out of the North American and European winters.
Located on 30 acres on the ocean and with direct access to the best surfing spots on the island, one developer has cracked the code for the ultimate in tropical living. Gorgeous custom homes on spacious, affordable lots create the allure, but the quality of construction takes this opportunity to a whole new stratosphere of value. Lots begin at $85 a square meter and you can build now or wait until the kids are out of college while feeling comfortable that your hand picked lot will be waiting for you. One condo/apartment building also exists beachfront where you can stay and monitor your home’s progress. Here is a representative house; price depends on lot and size of structure of course:
Option Two: A lovely home in the hills five minutes from beaches and town: In this north coast residency area there are two outstanding European developers offering very different choices. One is modern, sleek design with lots of glass and stone and an elegant look that makes you want to call Architectural Digest to come down and take pictures. The other is more traditional villa design but also with that modern European flair and lifestyle oriented floor plans as well as progressive energy-saving technologies.
Modern Utopia – Five different models ranging from 165K (plus lot) to 375K (plus lot); here is just one option:
This is a smaller development of only 19 building sites where prices range from $46 m2 to $70 m2 currently, so it has that intimate feel. Contact Arthur for a “Catalog of Homes.”
Tropical Utopia – The second option in the hills is even closer to town and is now opening a gorgeous new phase of lots. This developer also offers a “Fly and Buy” program for serious buyers. Homes here range from 212K up (includes lot, house, pool, landscaping) with the average home price (which includes lot, house, pool and landscaping by the way) being around 300K. A very attractive rental guarantee option also exists for the first two years. Again, ask for a “Catalog of Homes” and you’ll see the amazing value.
Option Three: Build your Own Villa on your own lot. Some people just want a little more space and also want the autonomy they find in securing their own property and building their dream villa on it. There are some great building lots around, many in gated communities that don’t have a mandated builder restriction. Take a look at this building lot, a full acre, gorgeous ocean view, five minutes from several public beaches, and half way between Cabarete and Sosua, the perfect spot to live so you have easy 5 minute access to either town’s restaurants, beaches, and services:
Here’s another acre sized lot that is beachfront:
http://blog.coralbayrealestate.com/search/show.php?id=1931 listing BL6024AB
Planning a Visit: So, as you plan your retirement or firm up those dreams for a Caribbean villa of your own, remember, you’ve got excellent choices we are here to help. Come visit and let’s take a look. Your tropical dream villa is closer at hand than you might have realized!
We look forward to seeing you soon, and please feel free to contact Sally or me anytime on Remax Dominican Republic real estate.