I'm considering retiring (or semi-retiring) a little early and getting a modest villa on the north coast. How are the market conditions these days?
I've found several web sites with listings that seem suitable. But my research tells me that real estate in the DR isn't the same as in the US. No surprise there.
The big question is what does the realtor's listed price mean? In the US, it is based on actual comparable sales, plus market trends, etc. So you can negotiate a little, but not too much.
Looking around the forum, I see people saying never offer more than half the asking price. But I also see comments saying that many prices are carved in stone, since most homes are owned outright and the seller is under no pressure to move the property.
Any advice would be greatly appreciated!
I've found several web sites with listings that seem suitable. But my research tells me that real estate in the DR isn't the same as in the US. No surprise there.
The big question is what does the realtor's listed price mean? In the US, it is based on actual comparable sales, plus market trends, etc. So you can negotiate a little, but not too much.
Looking around the forum, I see people saying never offer more than half the asking price. But I also see comments saying that many prices are carved in stone, since most homes are owned outright and the seller is under no pressure to move the property.
Any advice would be greatly appreciated!