- Thread starter Lucille
- Start date
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Casa De Campo-as An Investmen?
We had a villa in Casa fo a few years. Was it a good investment? Yes. But there are also many problems. Will you be living there all of the time? If not, will you want rentals?
Vandee what is better for you as an investment and why : a villa in Casa De Campo or an apartment in Hemingway Club in Juan Dolio , since you have the experience in both ?
casa vs juan dolio
We had a villa in Casa for three years. Made about 90% in 3 years which was a nice return. However, Casa beach is not very nice. Casa management is not very good. restaurants are overpriced. Maintenance doubled in three years. The best thing about Casa is the golf. But as an investment, it was worthwhile.
Juan Dolio (Club H) is a nice little town, very casual, great beach, friendly people (not always true at casa where people tend to be a little more, well). I doubt the investment opportunity will be as great as Casa but we really bought the place so our kids would have a place to go on vacations.
But beachfront property always goes up in value. And Club H views are worth the price.
We had a villa in Casa for three years. Made about 90% in 3 years which was a nice return. However, Casa beach is not very nice. Casa management is not very good. restaurants are overpriced. Maintenance doubled in three years. The best thing about Casa is the golf. But as an investment, it was worthwhile.
Juan Dolio (Club H) is a nice little town, very casual, great beach, friendly people (not always true at casa where people tend to be a little more, well). I doubt the investment opportunity will be as great as Casa but we really bought the place so our kids would have a place to go on vacations.
But beachfront property always goes up in value. And Club H views are worth the price.
Punta Cana
I'm sorrry but we've never been to Punta Cana. The kids (20's and 30's) have been there for golf and some other activities and they said they had a good time. We didn't look at that area as a destination because from where we live, it was easy getting to LaRomana or Santo Domingo so we looked there.
I'm sorrry but we've never been to Punta Cana. The kids (20's and 30's) have been there for golf and some other activities and they said they had a good time. We didn't look at that area as a destination because from where we live, it was easy getting to LaRomana or Santo Domingo so we looked there.
Lucille...if you're talking about Punta Cana Resort and Club, it is a very nice (high end) property. High end beachfront properties are usually a pretty good investment, villas or condos. What you need to be careful of though is how high the prices are today...unless the property is truly unique. There's a danger with the amount of building going on here that if something similar is built nearby for less money, the original property becomes harder to sell. Casa de Campo was incredibly unique for many years..now it has some serious competition in La Romana, as well as Punta Cana...plus higher end condos in Juan Dolio...not to mention the North Coast which is really coming up as a more "high end" destinattion... Sea Horse Ranch, Ocean Dream, etc...
In Casa de Campo, Id look on the golf courses, on the Ocean or near the marina, or anything with a view of Altos de Chavon (not sure if they have villas with that view...)
casa
Davidz I am sorry, but you look so professional and well known about this subject that I need another question please, what is the difference between new villas and remodeled ? is it better to buy villas built after 2000, or that really does not matter, I was concerning about the plumber and electricity and so on I deal here so much with old construction that I don't want to deal with old construction anymore I spent must of my time visiting Home Depot. Thank you.. Your advices are very useful...
Davidz I am sorry, but you look so professional and well known about this subject that I need another question please, what is the difference between new villas and remodeled ? is it better to buy villas built after 2000, or that really does not matter, I was concerning about the plumber and electricity and so on I deal here so much with old construction that I don't want to deal with old construction anymore I spent must of my time visiting Home Depot. Thank you.. Your advices are very useful...
If it was a complete renovation, one is not necessarily better than the other...but in either case it's best to know the builder or contractor that did the remodeling...dont be afraid to ask for references and ask to see the plumbing, electrical systems, etc. In many cases though, the remodeling is limited to cosmetics, in which case the age of the original systems could be an issue. Also keep in mid in the last decade there have been a few earthquakes and hurricanes in the DR which may or may not have affected the property...Before you buy, as in the States or anywhere else, have a qualified building inspector/structural/electrical engineer do a complete inspection before you buy, if possible...