Property Prices in Santo Domingo, Dominican Republic

Index Info
Price to Income Ratio: 14.13
Mortgage as Percentage of Income: 186.89%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 16.07
Price to Rent Ratio - Outside of Centre: 16.67
Gross Rental Yield (City Centre): 6.22%
Gross Rental Yield (Outside of Centre): 6.00%
Rent Per Month
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Apartment (1 bedroom) in City Centre 21,405.56 RD$ 15,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 12,593.75 RD$ 9,000.00-17,500.00
Apartment (3 bedrooms) in City Centre 41,588.24 RD$ 25,000.00-80,000.00
Apartment (3 bedrooms) Outside of Centre 22,117.65 RD$ 15,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,221.49 RD$ 4,645.11-10,219.25
Price per Square Feet to Buy Apartment Outside of Centre 4,209.64 RD$ 2,322.56-8,361.20
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,776.92 RD$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.02 7.00-15.00

These data are based on 156 entries in the past 18 months from 27 different contributors.
Last update: January 2021

Sources and References
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3 Comments so far
Carmen on Oct 22, 2020:
Thank you. This website is really useful. Thinkin of moving out of the USA iF the socialists(biden & Kamala) In on the 3rd.
Where would you go if multi-millionaire? Middle class? Thanks again.WE are retired, in our 80's
Iris Bruno on Aug 19, 2019:
I want to sell a property in villa consuelo , Santo Domingo Dominican Republic and I want to know how much is square meter for land
William on Sep 12, 2017:
I can use my VA home loan to purchase a home in the Dominica Republic?