Property Prices in Dominican Republic

Index Info
Price to Income Ratio: 15.87
Mortgage as Percentage of Income: 209.27%
Loan Affordability Index: 0.48
Price to Rent Ratio - City Centre: 13.15
Price to Rent Ratio - Outside of Centre: 17.80
Gross Rental Yield (City Centre): 7.61%
Gross Rental Yield (Outside of Centre): 5.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 27,874.79 RD$ 15,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 15,050.47 RD$ 8,000.00-35,000.00
Apartment (3 bedrooms) in City Centre 49,190.86 RD$ 25,000.00-118,477.39
Apartment (3 bedrooms) Outside of Centre 23,172.05 RD$ 15,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,362.06 RD$ 4,645.11-10,770.96
Price per Square Feet to Buy Apartment Outside of Centre 5,077.61 RD$ 1,858.05-9,327.39
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,097.97 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.97 8.00-18.00

These data are based on 366 entries in the past 18 months from 67 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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