Property Prices in Dominican Republic

Index Info
Price to Income Ratio: 15.93
Mortgage as Percentage of Income: 222.94%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 14.93
Price to Rent Ratio - Outside of Centre: 17.20
Gross Rental Yield (City Centre): 6.70%
Gross Rental Yield (Outside of Centre): 5.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,283.05 RD$ 12,000.00-59,219.68
Apartment (1 bedroom) Outside of Centre 15,180.49 RD$ 8,000.00-38,492.79
Apartment (3 bedrooms) in City Centre 55,595.59 RD$ 22,000.00-120,000.00
Apartment (3 bedrooms) Outside of Centre 28,245.79 RD$ 15,000.00-70,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,914.59 RD$ 5,574.14-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 5,371.51 RD$ 2,787.07-9,327.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 24,134.87 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.93 9.00-20.00

These data are based on 373 entries in the past 18 months from 66 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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