Property Prices in Dominican Republic

Index Info
Price to Income Ratio: 15.66
Mortgage as Percentage of Income: 212.87%
Loan Affordability Index: 0.47
Price to Rent Ratio - City Centre: 13.46
Price to Rent Ratio - Outside of Centre: 18.01
Gross Rental Yield (City Centre): 7.43%
Gross Rental Yield (Outside of Centre): 5.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 27,428.98 RD$ 15,000.00-54,675.93
Apartment (1 bedroom) Outside of Centre 14,231.83 RD$ 8,000.00-32,805.56
Apartment (3 bedrooms) in City Centre 49,923.76 RD$ 25,000.00-102,600.00
Apartment (3 bedrooms) Outside of Centre 25,089.86 RD$ 15,000.00-65,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,518.36 RD$ 4,645.11-11,630.90
Price per Square Feet to Buy Apartment Outside of Centre 5,146.89 RD$ 1,858.05-9,327.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,760.94 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.45 9.00-19.00

These data are based on 391 entries in the past 18 months from 69 different contributors.
Last update: June 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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