Santiago Real Estate

Living in Santiago is a site for those visiting or wanting to live in Santiago, Dominican Republic. As each area of the country will have its own characteristics, do not take things said here as applying to the country. Also these are things that I have noticed, and might not be true outside my circle. From what I can see in the Santiago area, there are a lot of houses and apartments for sale. It seems to be a buyer’s market if you can find an owner that is willing to deal. On the other hand, it is a landlord’s market as we have found that rentals are in high demand. We took pictures of one house rental and before we could get them on the site, the place was rented. The normal vacancy for an apartment in our complex is less than a week. We have had people call us and tell us they would be arriving in 2 weeks to look at a place. They let us know what they wanted and in that 2 week time, our list changed 3 times as things that were available were off the market quickly. This can be seen in our rental listings. It is not that we cannot help; it is that they do not stay long.

Speaking of rentals, short term rentals are hard in the Santiago area. This is not a tourist town and as such the demand for such rentals is lower and harder to come by. We see this need and it is something that we are looking into. As far as furnished apartments go, yes there are some. However, they tend to be in the richer neighborhoods and costly. A furnished apartment can almost double the monthly cost.

We have recently added staff here at Living in Santiago to work with the real estate section. Visit often as we update our site. Not only will we be adding many more listing but adding sections to the site. Future plans include email notification of new listings as we put them on the site. If you are interested in buying a house in Santiago or maybe the Sosua area, we will match up your request with our new listing and send you an email letting you know that we have added a house that might match your needs. Look for more information concerning the buying or renting process here in Santiago. What are typical fees, what are the steps, time frames involved with the process? After you have found your new home, where do you go to turn on the electric and water? This process can be frustrating if you are not aware of some of the pit falls. Maybe it would be to your advantage to check for outstanding balances prior to signing a rental or buying contract. This might cause unplanned for expenses.

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