After making 15 offers in the last month or so I had just one accepted. I bought a building lot in a gated community in Sosua off of the road to Cabarete across from Seahorse Ranch that is under 3/4 of an acre with a panaramic Ocean view. Paved roads, underground electric, corner lot that slopes away from the Ocean with NO trees. The one thing I didn't want to bother with was knocking them down and having to get permission so I can landscape the way I wanted to.
This was a fun experience and I am going to try it again next time down. Just remember the old addage about buying a boat. The two best days in boating is when you buy it and then sell it. Same feelings probably are warrented here when dealing with Real Estate. I paid about 40% of the purchase price on a resale. In other words he paid more than double what I paid the previous owner for the lot. He was probably excited when he bought the lot and pleased when I bought it from him even at a loss.
I formed a corp that the attorney had already registered the name for. I can't believe that it was available. Translates to Ocean Front Properties Real Estate. Cool name, maybe I will use it for something some day.
This is an interesting country where people try to sell you property that they do NOT own, steal the fillings out of your teeth when you are talking to them and even worse. The best stories in the DR start with "You aint gonna believe this shit", so beware when doing business here.
I have determined that if you can avoid the first 5 screwings people normally get when they come here you will not get soured on the DR as fast even when you consider all the government corruption and every other Clusterfluck.
When I finally left the country the guy that stamps the passports on your way out had the BALLS to ask me for a propina (TIP). I told the SOB that he can keep me there for all I care and if he wants me to leave he should give me a freakin tip! That gave him at first a shocked quizicle look on his face then a smile. No tippy for him I think that he thinks he finally found the missing link!
Man I love this country and all its faults. I just feel bad for the average Dominican for having to put up with these faults that affect them much more than me. Too bad they don't do something about it. When I finally move to the DR I am going to organize protests about what goes on in the US and Europe and around the world. That should help em! LOL
Escott
This was a fun experience and I am going to try it again next time down. Just remember the old addage about buying a boat. The two best days in boating is when you buy it and then sell it. Same feelings probably are warrented here when dealing with Real Estate. I paid about 40% of the purchase price on a resale. In other words he paid more than double what I paid the previous owner for the lot. He was probably excited when he bought the lot and pleased when I bought it from him even at a loss.
I formed a corp that the attorney had already registered the name for. I can't believe that it was available. Translates to Ocean Front Properties Real Estate. Cool name, maybe I will use it for something some day.
This is an interesting country where people try to sell you property that they do NOT own, steal the fillings out of your teeth when you are talking to them and even worse. The best stories in the DR start with "You aint gonna believe this shit", so beware when doing business here.
I have determined that if you can avoid the first 5 screwings people normally get when they come here you will not get soured on the DR as fast even when you consider all the government corruption and every other Clusterfluck.
When I finally left the country the guy that stamps the passports on your way out had the BALLS to ask me for a propina (TIP). I told the SOB that he can keep me there for all I care and if he wants me to leave he should give me a freakin tip! That gave him at first a shocked quizicle look on his face then a smile. No tippy for him I think that he thinks he finally found the missing link!
Man I love this country and all its faults. I just feel bad for the average Dominican for having to put up with these faults that affect them much more than me. Too bad they don't do something about it. When I finally move to the DR I am going to organize protests about what goes on in the US and Europe and around the world. That should help em! LOL
Escott