In fact, it’s a lot like buying a home in the US, Canada and Europe.
Dreaming DR will help you navigate the entire process.
1. First, See It All for Yourself—Visit & Take a Test Drive
Try it out for yourself. Take a no-pressure Test Drive of one of our properties. Learn more about the Test Drive here.
Developer Bernie Tietz will make sure you see and learn what you need to make an informed decision.
2. Like What You See? Meet the Lawyer & Accountant
We’ll introduce you to the lawyer, who will carefully outline everything with you, including taxes and fees (own lawyer can review documents too). An accountant can provide further details on the numbers. All services and documents are in both Spanish and English.
3. Reserve Your Property & Choose Your Model
When you sign, you’ll be required to transfer your $15K deposit to the escrow account.
4. Meet With the Architect & Interior Designer
By this point, you’ll likely have returned home, so much of this work is handled by email and/or Skype video calls.
5. Construction Begins
Note that there’s no required set timeframe between the time you reserve your lot and when construction begins. It’s totally up to you.
Construction can usually start within a month, or if you need more time, pause for a few months.
6. Ongoing Updates and Site Visit
Once the workers have poured the roof of your new home, you can come down to visit the construction site.
You’ll walkthrough with the architect, and spend time choosing finishings and fixtures.
7. Pay Installments During Construction
Payments are due set intervals and cover material and labour costs.
8. Final Walkthrough & Payment
You’ll do a final inspection tour of your home, noting anything that needs to be adjusted. Once you give final approaval, your furniture will be delivered.
Your Vacation home in the Dominican Republic is now ready for your first visit!