Hello Everyone,
A personal goal of mine is to have another home in another country. I was looking at the Philippines and while I liked it I know in that country I can never own any land there. I can only own a condo there. With that being said I am looking at the DR again. I was in Santo Domingo two years ago and while it is ok I want to go to a city that is not as large population wise and not as touristy. So far I have been looking on YouTube, DR1, Re-max, and Century 21 sites about renting and living in DR. I plan on visiting Santiago next month to see if I like it or not. If I do like it I can go back and visit every 3-4 months since I can take off from my job. What I would like to know is I would like to start off with a 1 bed and 1 bath apartment for rent. Then move up to ownership. Not sure if I should invest in the campo around Santiago or move to a smaller city such as Moca. If I can I would like to keep my rent around 5K-15K RD. These are the questions that I have:
1. What are some good neighborhoods in Santiago? I see Pekin, Ensueno and others but I do not know how they are.
2. Is it possible to find rent or rent to own for a 1/1 or a 2/1 around 5K-15K per month?
3. Will I find more deals when I place my feet on the ground?
4. Would Moca be a good place to live safety wise and good homes?
My ultimate goal is to own if the price is right. So I would want to have something established there.
A personal goal of mine is to have another home in another country. I was looking at the Philippines and while I liked it I know in that country I can never own any land there. I can only own a condo there. With that being said I am looking at the DR again. I was in Santo Domingo two years ago and while it is ok I want to go to a city that is not as large population wise and not as touristy. So far I have been looking on YouTube, DR1, Re-max, and Century 21 sites about renting and living in DR. I plan on visiting Santiago next month to see if I like it or not. If I do like it I can go back and visit every 3-4 months since I can take off from my job. What I would like to know is I would like to start off with a 1 bed and 1 bath apartment for rent. Then move up to ownership. Not sure if I should invest in the campo around Santiago or move to a smaller city such as Moca. If I can I would like to keep my rent around 5K-15K RD. These are the questions that I have:
1. What are some good neighborhoods in Santiago? I see Pekin, Ensueno and others but I do not know how they are.
2. Is it possible to find rent or rent to own for a 1/1 or a 2/1 around 5K-15K per month?
3. Will I find more deals when I place my feet on the ground?
4. Would Moca be a good place to live safety wise and good homes?
My ultimate goal is to own if the price is right. So I would want to have something established there.