it is a lovely building and i've seen the appartment inside, they have a very nice space!! but is it worth the price?? would this be something yyou can invest and the price will not drop like crazy as it usually happens in juan dolio? i will love to have some info also on this
Juan Dolio is a long term project that's very hard to read, since it based the "growth" on mere speculative wishes of the investors.
The one and good thing about Juan Dolio as of short to mid term is the soon to be built state of the art Pinewood movie studios close by. That means a lot of executives and general expats will be looking for homes away from home there.
You can't ever go wrong with RE in the DR, but this is one of those loooooong term types of RE investment types. You can get a decent or even lux level apartment or condo for cheap, but to later sell it in the mid short to mid term, will be rather harder than other places in the DR.
With that said, RE values in the DR are astronomically low for the moment. In less than 5 years values are deemed to at least double or more in some instances.
It all depends on what you're looking for in RE conditions for the money. If you're bound to leave the nest in a five year term or less, then the answer is to look elsewhere in the country. If you're willing to hold out for more than 8 to 10 years before turning it to cash, then go for it.
We looked into investing in some units for rental in the area, but decided against it when the maintenance costs and fees made it less attractive than other areas we already own into.