occupancy rate

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irishpaddy

Bronze
Sep 3, 2013
1,174
468
83
I have looked at a couple of gated communities in the sosua area ...the one I particularly like has said they have an occupancy rate of 75%...does anyone know if this is realistic or boosted to sell villas
I would be looking to rent out the villa when I am not using it
thanks for any advice
 
W

windeguy

Platinum
Jul 10, 2004
42,211
5,969
113
If you mentioned the name of the community, chances are that someone on DR1 lives there and can give you an answer.
 
P

PeterInBrat

Gold
May 29, 2006
10,265
200
0
When I was in a condo in Sosua, I remember the weekly rate for rentals was about the same as monthly rates. So if you can keep a place occupied for most of tourist season, you should be fine for the rest of the year.

That being said, it's good to find out why someone is selling a property and how it's being managed.
 
B

Black Dog

Bronze
May 29, 2009
1,761
154
0
I expect you are talking about Hispaniola. They usually calculate and work on 50% occupancy but they do have a track record of 75%. Feel free to pm me if you want any more info.
 
I

irishpaddy

Bronze
Sep 3, 2013
1,174
468
83
the community i was talking about is hispaniola ...i will be renting a villa there for a week in february when i take my next trip to d.r. ....to experience the gated community living and sosua in general...the rest of trip i will be based in santo domingo and travel around from there
thanks for the replies and help
 
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