Tourist Destinations
Punta Cana
Cap Cana
Las Terrenas
Santo Domingo
Recent projects
Poseidonia Residencias
Riviera Bay
Jardines de bellas artes
Silver Beach
The Dominican Republic is a country capable of offering different lifestyles, from high-priced tourist areas to rural areas where the cost of living is considerably lower. In general terms, it is a country with a low cost of living, which also offers exclusive services for those who wish to enjoy exclusive options.
Santo Domingo, as the economic and cultural centre of the country, has higher prices compared to other regions. Basic services such as water, electricity and internet can represent a monthly expense of between 40 and 100 dollars, depending on consumption. Eating out in restaurants has a wide range of prices, from inexpensive options for less than US$5 to meals in more exclusive places that can exceed US$20.
Punta Cana and Bávaro are known for their paradisiacal beaches and high tourist traffic, which has a direct impact on the cost of living. Products in supermarkets can be 10-20% more expensive than in other cities due to the high demand of tourists.
Eating in a mid-level restaurant usually costs between US$10 and US$30 per person. However, permanent residents can cut costs by shopping at local markets and avoiding the areas most frequented by foreign visitors.
Samaná is one of the most beautiful regions of the Dominican Republic, famous for its pristine beaches, mountains and relaxed atmosphere. Despite its tourist appeal, the cost of living in this province remains affordable compared to other popular destinations such as Punta Cana or Santo Domingo.
Food at local markets is inexpensive, with fresh produce such as fish and fruit at very affordable prices. Basic services are moderately priced, and transport, although less frequent than in larger cities, is still accessible. Samana is ideal for those seeking a balance between tranquillity, natural beauty and an affordable lifestyle.
Santiago, the country's second largest city, offers a more affordable lifestyle without sacrificing amenities. Basic services cost less than in the capital, ranging from US$50 to US$800 per month. Food is also cheaper, with lunches at local restaurants costing less than US$5.
In terms of the real estate market, Santiago de los Caballeros offers affordable areas in the less touristic areas. Santiago is an excellent option for those looking for a balance between quality of life and a reasonable cost of living.
The rural areas of the Dominican Republic are the cheapest in the country. In communities such as Jarabacoa, Constanza or Pedernales, food and transport costs are very low. Fresh produce in the local markets is significantly cheaper than in the big cities.
Life in these areas is quiet and allows for a peaceful and economical lifestyle, ideal for those looking to escape the fast pace of urban areas.
The Dominican Republic is a vibrant country with a wide range of leisure and entertainment to suit all tastes and budgets. From paradise beaches to lively nightlife, there are options accessible to locals and tourists alike. Public beaches and natural parks such as Los Haitises and Pico Duarte offer ecological experiences in many of the country's most touristy areas.
Major cities such as Santo Domingo and Santiago have a varied cultural and entertainment offer. In the capital, the Colonial Zone offers a combination of history, art and gastronomy with museums, theatres and affordable cultural events. Cinemas, concerts and music festivals are popular options, and include popular prices.
In terms of housing prices in general, investing in the main tourist areas of the Dominican Republic is an exceptional opportunity today, as demand is expected to multiply in the coming years, driving up housing prices.
The Dominican Republic remains an affordable country to live in compared to other Caribbean nations. Most services are inexpensive, and the tourist areas offer exclusive services at much more affordable prices compared to Europe or the United States.
At Noval Properties we are specialists in the development of high quality real estate projects in the Dominican Republic. With an established track record, we offer real estate projects for those seeking quality of life and a secure investment in the Caribbean.
Our projects in Punta Cana, Cap Cana, Santo Domingo and Samana combine luxury and accessibility, with modern designs and first class services.
If you are looking for a profitable real estate investment or your next home in paradise, Noval Properties is your best ally. Contact our team to learn more about our opportunities and discover how we can make your dream come true in the Dominican Republic.
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