A
arete92
Guest
Writing this post to seek some clarification. I am continuing to shop around the North coast in Puerto Plata city I have a few areas I would like to potentially call home, after posting and seeking pros and cons of living in city establishments vs. como el "campo" o cercano de el "campo" I have headed the advice from members here and decided it's best to be within a residential or developing residential area; let's say 10 mins from Playa Dorado and a few kms from the beach to give you a ballpark radius where I am.
Few things about Dominican buying customs that really baffle me even after 5 years (1) they double everything (2) se eres un gringo - es doble * 2 pa ti si tienes una sonrisa como un palomo (3) just get a Domincan whom you trust to buy it for you and it's zero stress for a price of a pizza and beer. (4) depending how you present yourself or look the price will increase or decrease dramatically.
So the meat of my real question is as follows; looking online it's hard to get an accurate estimate of prices cause if the page is in English it's inflated if it's in Spanish it still is inflated - I have seen listings literally decrease by $45,000 USD in a month, which is insane and hard for someone to gauge actual prices.
When I see prices like this that could literally buy me something of the same size and quality in Ontario it makes me scratch my head since the country is not developed, there is nothing in POP in reality, it's not Miami. I can understand a increase within touristy or high-class neighbourhoods along with the fact it's an island and space is limited but $150,000 of land less than an acre in a place outside the city c'mon.
Now, I am building my own house so i'm interested in Land I would really like to have 0.6 - 1 acre but the same still applies of dramatic decreases and fluctuations and would like to void myself of any potential losses. I would like to hear from you guys about your experiences how much you bought your land/house for vs. asking price and outcomes within that context - what you perhaps done to obtain the lower price and things your learned along the way or things you wish you knew after etc. Thanks in advance everyone!
Few things about Dominican buying customs that really baffle me even after 5 years (1) they double everything (2) se eres un gringo - es doble * 2 pa ti si tienes una sonrisa como un palomo (3) just get a Domincan whom you trust to buy it for you and it's zero stress for a price of a pizza and beer. (4) depending how you present yourself or look the price will increase or decrease dramatically.
So the meat of my real question is as follows; looking online it's hard to get an accurate estimate of prices cause if the page is in English it's inflated if it's in Spanish it still is inflated - I have seen listings literally decrease by $45,000 USD in a month, which is insane and hard for someone to gauge actual prices.
When I see prices like this that could literally buy me something of the same size and quality in Ontario it makes me scratch my head since the country is not developed, there is nothing in POP in reality, it's not Miami. I can understand a increase within touristy or high-class neighbourhoods along with the fact it's an island and space is limited but $150,000 of land less than an acre in a place outside the city c'mon.
Now, I am building my own house so i'm interested in Land I would really like to have 0.6 - 1 acre but the same still applies of dramatic decreases and fluctuations and would like to void myself of any potential losses. I would like to hear from you guys about your experiences how much you bought your land/house for vs. asking price and outcomes within that context - what you perhaps done to obtain the lower price and things your learned along the way or things you wish you knew after etc. Thanks in advance everyone!