Frequently Asked Questions – Punta Cana Real Estate
What is the average ROI on properties in Punta Cana?
Well-located properties typically generate 8–15% annual rental ROI, with an additional 5–10% long-term appreciation depending on location, property type, and management.
Is Punta Cana a good place for real estate investment?
Yes. Punta Cana offers year-round tourism, strong rental demand, modern infrastructure, and favorable tax incentives for investors.
Can foreigners buy property in the Dominican Republic?
Yes. Foreigners have the same ownership rights as Dominican citizens and can own property outright with clear title.
Do I need residency to buy property?
No. You can purchase property in the Dominican Republic without residency or a visa.
What additional costs should I expect when buying property?
Additional costs may include a 3% transfer tax (often exempt under CONFOTUR), legal fees (~1,5%), inspection, insurance, and property management setup.
What is CONFOTUR and how does it benefit buyers?
CONFOTUR is a government incentive that can provide up to 15 years of property tax exemption and exemption from the 3% transfer tax.
Are short-term rentals allowed in Punta Cana?
Yes. Short-term rentals are legal, though some communities may have HOA rules which we verify before purchase.
What type of properties generate the best rental income?
Beach-access condos, resort residences, golf communities, and well-managed gated developments typically perform best.
Can I buy property remotely?
Yes. Many clients complete the entire purchase remotely using virtual tours, power of attorney, and digital document signing.
How long does the property purchase process take?
On average, 30–60 days from offer acceptance to closing, depending on due diligence and financing.
What documents are required to buy property?
A valid passport, proof of funds or income, bank statements, and a Dominican tax ID (we assist with this).
Is financing available for international buyers?
Yes. Options include developer financing, local bank loans, and international lenders depending on the project.
What down payment is typically required?
Most developer-financed projects require a 10–30% down payment, often with flexible construction payment plans.
Are off-plan purchases safe?
Yes, when working with reputable developers. We only work with vetted projects and ensure proper legal protections.
Can I resell my property later?
Yes. There are no restrictions on resale, and foreign owners may freely repatriate funds.
Do you offer property management services?
Yes. We offer full-service management including rentals, maintenance, guest services, and reporting.
What occupancy rates can I expect?
Well-managed properties typically achieve 60–80% occupancy in high season and 40–60% annually.
Which areas of Punta Cana are best for investment?
Popular areas include Cap Cana, Punta Cana, Vista Cana, Bávaro, Uvero Alto, and gated golf communities, depending on investment goals.
Do I need to visit Punta Cana before buying?
No, but it is recommended. We also offer virtual tours and remote consultations.
What makes Lunovi Real Estate different?
We combine local expertise, transparent guidance, and long-term client support before and after purchase.
Do you offer virtual consultations?
Yes. We offer video consultations, virtual tours, and full remote support for international buyers.
