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Thread: Are land prices ridiculous high?

  1. #11
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    Quote Originally Posted by william webster View Post
    Pretty difficult to compare land values from country to country....quite a useless exercise.

    Apples, oranges and grapefruit.....

    From my experience , land with an ocean view for $24/ M is a decent price.
    We pay more in Cabrera 
    Building lots in our neighborhood in Jarabacoa go for around $US80-100 m2.

    That land in LT does seem to be an excellent price.

  2. #12
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    WOW!!!

    We have Clifftop land... with a 1/4 mile or less unobstructed ocean view......
    you know my house....
    full time breeze for less...,.

    But Jarabacoa has lots to offer.... Cabrera, not so much - yet !!!?

  3. #13
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    Very insightful, thanks for the replies.

    I agree. Pay a local to be your agent and negotiate.

    It's funny ironic. In DR, a gringo comes to look at land and the owner thinks, damn, I'll double my price. In US, a Dominican comes to look at land and owner says, damn, I'll have to cut my price in half so this guy can afford it.

    Stigma

  4. #14
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    Yes the gringos.... 

  5. #15
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     I know of someone  in my neighborhood selling for US$17 the square meter in a great location in santiago. Pm me if you want more info

  6. #16
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    We're looking to purchase land in the Punal area (10 minutes from the Cibao Airport). What is a tarea?...hectarea?..any thoughts on the market price?

    Appreciate any advice/comments

  7. #17
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    Quote Originally Posted by cobraboy View Post
    Building lots in our neighborhood in Jarabacoa go for around $US80-100 m2.

    That land in LT does seem to be an excellent price.
    That is correct. The cheapest with town proper start at about 4800 pesos per sq meter and go up from there. We have our eyes on one listed at 5500 per square meter. (115 US )

  8. #18
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    Quote Originally Posted by SteveK View Post
    We're looking to purchase land in the Punal area (10 minutes from the Cibao Airport). What is a tarea?...hectarea?..any thoughts on the market price?

    Appreciate any advice/comments
    Tarea is around 628 sq meters. a hectarea is 10,000 sq meters which is 2.47 acres. 6.4 tareas to an acre.

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  10. #19
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    Quote Originally Posted by william webster View Post
    WOW!!!

    We have Clifftop land... with a 1/4 mile or less unobstructed ocean view......
    you know my house....
    full time breeze for less...,.

    But Jarabacoa has lots to offer.... Cabrera, not so much - yet !!!?
    Maybe Moby will buy it?

  11. #20
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    Thank You Bob for explaining..It sure can somewhat confusing..lol

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