Property Prices in Dominican Republic

Index Info
Price to Income Ratio: 15.56
Mortgage as Percentage of Income: 214.52%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 13.51
Price to Rent Ratio - Outside of Centre: 17.76
Gross Rental Yield (City Centre): 7.40%
Gross Rental Yield (Outside of Centre): 5.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,922.38 RD$ 15,000.00-58,804.55
Apartment (1 bedroom) Outside of Centre 14,779.08 RD$ 8,000.00-38,222.96
Apartment (3 bedrooms) in City Centre 53,792.01 RD$ 22,000.00-120,000.00
Apartment (3 bedrooms) Outside of Centre 28,603.17 RD$ 15,000.00-70,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,036.62 RD$ 5,574.14-11,630.90
Price per Square Feet to Buy Apartment Outside of Centre 5,499.70 RD$ 1,499.99-9,327.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 23,415.05 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.68 9.50-18.00

These data are based on 380 entries in the past 18 months from 66 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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