What would a two bedroom apartment rent for Mik? Are they designed for expats or locals? Thank you.Indeed, my brother in law has around 16 appartements in Puerto Plata, all newly build, with swimming pool, etc, so not cheap to rent, but he has no problem filling them up for the moment. And they are building more. Now they are going to build new ones behind Montemar, with 3 swimming pools and restaurant and bar, etc. They are building new appartements all the time now.
Goh, I really don't remember. I have to ask them. But they rent mostly to tourists (for a couple weeks everytime). I know I was surprised how much they charge. I'll check it tomorrow (if I can contact him)What would a two bedroom apartment rent for Mik? Are they designed for expats or locals? Thank you.
Scientologists? That was the rumor I heard.Lions Gate in SeaHorse Ranch. He also (nope he hasn't run out of money yet, jijiji) a 10,000 sq ft remodel. Will be amazing, Lions Gate SeaHorse Ranch construction starts next week
The good realtors know how to charge here ..10% commissionAgreed on the current boom. We had only the occasional sale from a Russian building new homes for years.
Then recently, we had a renter who tried to purchase 5 different properties in our development and near us. She needed loan approval and lost out to Canadians paying cash after seeing pictures of the homes on the internet. She finally ended up buying a home from a friend of ours that he had tried to sell for about 8 years.
There is indeed a hot market in Cabarete. This is also consistent with what I have seen with more expats and fewer tourists over time here in Cabarete.
A few others are trying to sell without luck, but don't want to use realtors at all. That seems unwise since the Canadians are unable to find them on the Internet.