Property Prices in Dominican Republic

Index Info
Price to Income Ratio: 15.88
Mortgage as Percentage of Income: 219.50%
Loan Affordability Index: 0.46
Price to Rent Ratio - City Centre: 13.76
Price to Rent Ratio - Outside of Centre: 17.71
Gross Rental Yield (City Centre): 7.27%
Gross Rental Yield (Outside of Centre): 5.65%
Rent Per Month
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Apartment (1 bedroom) in City Centre 29,059.10 RD$ 13,000.00-58,767.47
Apartment (1 bedroom) Outside of Centre 15,029.93 RD$ 8,000.00-38,198.85
Apartment (3 bedrooms) in City Centre 53,944.11 RD$ 22,000.00-120,000.00
Apartment (3 bedrooms) Outside of Centre 28,195.85 RD$ 15,000.00-70,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,216.70 RD$ 4,645.11-11,630.90
Price per Square Feet to Buy Apartment Outside of Centre 5,499.20 RD$ 1,499.99-9,327.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 23,239.01 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.72 9.50-18.00

These data are based on 368 entries in the past 18 months from 63 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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