AZB said:
Hahahaha, you got that right. The stupid foreigners are the ones who are driving up the prices everywhere. I hear that some people pay as much as 265 dollars just for maintanance fees in sosua for an apartment they own in a building with other gringos. When I hear folks paying 100 thousand dollars for a small apartment so they could live next to another old gringo and pay 200 plus dollars in maintanance fees, I simply shake my head. These guys call themselves DR experts. hahahaha
AZB
There are other issues that you're not taking into account here such as :
-They belong to a market segment
-The apts won't be sold to you or to Dominicans
-The price of "peace of mind"
-The cost of being in "gringoland"
Why do people pay $10,000 ~ 20,000 dollars to belong to a Golf club?
Why someone drives a car that costs more than $100,000 dollars? A lot of Germans in Sosua have them.