Winter Retreat to the Dominican Republic | Noval

Prepare for a winter retreat at your home in the Dominican Republic

The sun may be shining and the skies blue now, but for those in the northern United States and Canada, winter’s snow and ice are expected before the year is out.

Now is the perfect time for Snowbirds to plan a winter retreat to their home in the Dominican Republic to enjoy the warm climate of Punta Cana, where winter temperatures range between 21°C (70°F) and 29°C (84°F).

Owning your own home gives you full control over how you experience winter—whether you wish to escape the entire snow season or visit as you please while generating rental income from your property when away.

The premier developer of tourist communities, Noval Properties, offers over 2,000 high-end homes near golf courses, oceanfronts, and beaches, ideal investments for snow enthusiasts, retirees, and vacation property owners.

Luxury one- and two-bedroom apartments with spacious floor plans and balconies start at USD 272,000 at the new resort Ocean Bay, Punta Cana’s flagship luxury development in Playa Bávaro, stirring interest. Also available are rooftop luxury penthouses with jacuzzis, landscaped terraces, and summer kitchens.

Central air conditioning, Italian flooring, granite countertops, premium appliances, oven, and cooktop are all included.

Ocean Bay boasts exceptional private amenities such as an infinity pool with ocean views, a spa and fitness center, world-inspired restaurants, a kids' club, and a fresh produce market. Ocean Bay also provides five-star hotel-style concierge services.

Owners renting out their properties can benefit from Noval Properties' dedicated residential management team, handling all aspects of the rental and offering up to a 10% annual return on investment.

Foreign buyers of real estate in the Dominican Republic are exempt from property rights transfer taxes of 3% of the property's value and annual real estate tax (IPI) for 15 years, equivalent to 1% of the property's cadastral value.

Capital gains have averaged 6% in recent years, providing owners with additional equity.

The Dominican Republic boasts one of the fastest-growing economies in the Caribbean.

Ocean Bay offers an elegant lifestyle for Snowbirds seeking a winter retreat in one of the world’s most captivating, vibrant, and breathtaking Caribbean destinations. It is conveniently close to fine dining, shopping, and malls.

Punta Cana’s vacation hotspot is easily accessible, including the international airport, health centers, leisure and entertainment attractions, shops, and restaurants.

COVID-19 restrictions have been loosening, and as of this writing, most travelers are not required to present a negative COVID-19 test upon arrival to enter the Dominican Republic. Many airlines have resumed flights to Punta Cana airport.

Random breath tests may be conducted on arrival, but passengers with a vaccination card at least three weeks post-final dose or a negative PCR test within 72 hours prior to arrival will be exempt from breath testing. Temperature checks will be conducted for all arrivals. Check the latest COVID travel requirements here.

Contact our sales executive at bwarren@novalproperties.com