Why Buy Pre or Under-Construction?
Why NOT Buy Pre or Under-Construction?
Pricing way below market values: (+)
Increase your profit margin by buying at a price way below market value and having your property instantly increase upon completion.
The Developers represented by our agency (and on this page) are very reputable, with a solid and proven track record in timely completion via several other developments throughout this area. They all build high quality construction, yet at affordable prices, and use top of the line finishing materials.
Some developers offer the ability to personalize certain details of the interior construction.
All these featured developers take titles very seriously and follow all the strict requirements titles which are received shortly after completion.
Thinking of retiring in the Beautiful Punta Cana but do not have all the funds? - pre-construction allows for you to spread the payment out over the course of 1-3 years without interest, allowing time for you to collect those funds and make your "retiring in the Dominican Republic" dreams come true!
Some Developers do offer direct financing, however, because pre-construction sells quite quickly here, this financing may be limited to specific promotional periods only. Also, keep in mind, since this is not a depreciated area, interest rates are higher here. If financing is offered, the developer may finance 60% over 3-7 years, at around 7% interest. No early payoff penalties! IF YOU PREFER OR REQUIRE FINANCING, PLEASE CONTACT US FOR THE LATEST AND GREATEST!
Although many seasoned investors are often the first to buy 1 or multiple units in this fun, safe and high demand tourist/ beach-town area. Pre-construction isn't just for these savoy investors. Why not put your money to work for you after so many years of dedication working for it? Ask about our multiple unit discount offerings.
For those lucky enough to own a piece of the action now, they will indeed see steady appreciation over the next 1-3 years; and during this time these smart investors are leveraging these investments as short term vacation rental options. And making pretty decent ROI's right out the door. However, the real appreciation will indeed occur in years 4-6 once all the land by the beach and numerous shopping/ dining amenities is completed exhausted.
Our agency has sold numerous pre-construction condos in this area through these select developers. ALL of them have appreciated in value over a short period of time, and ALL of these properties have received timely titles in their names upon closing.
Many of the investment properties we have sold are being leveraged as vacation rental properties to this growing area and doing quite well. So much so, we have loyal clients who are purchasing their 2nd and even 3rd properties through our full service agency. So, unlike other agencies who may be there to sell you pre-construction property, then take the commissions and run... our agency stays with our clients through the entire process and way beyond. After your selection, and initial payment, we provide ongoing progress photos and written updates... all the way to the final inspection, assuring the unit is completely ready for furnishing and occupancy. And we can do this within a very short time after the final completion. We can assist in setting the utilities up in your name, to the full accessorizing and decorating, and to your liking (if desired. Turn-key ready so you can move right in... or if you do not plan to live here full or part-time, we can immediately promote to our very busy vacation rental market; all within as little as 2-3 weeks after completion.
Many smart investors are applying rental income directly to the developer secured loan, with money left over to pay all the other cost of ownership.
Our agency is a legal Dominican Corporation so our owner's assets are fully protected. We proudly and fully service over 4000 vacationers a year, and several of these vacationers are happy repeat clients. HomeAway and TripAdvisor approached our agency, thus making us the leaders in the Bavaro area. Very important to our clients investing with this VALUE ADDED BENEFIT as well.
As expressed above, our Hands on Assistance and experience is full service AND full circle. The number one advice expressed in numerous articles about Pre-Construction is this… “The absolute best thing a foreign buyer can do before investing in a Pre-Construction project would be to consult with a seasoned and experienced Pre-Construction sales professional you can trust”.
Our combined team experience of 8+ years, validated by our continuous word of mouth, testimonials, numerous media validations, but more importantly our impressive “repeat business”, achieved right here (not in another area of the DR).
Additionally, our pioneering, and steadfast efforts here have rewarded us with a solid reputation, allowing us to develop close relationships with these developers, builders, engineers, architects, attorneys, other collaborators, insurance, furniture, and other needed service providers. Professionals we have hand-selected who understand our primarily North American clients have higher expectations. We continue to orchestrate all aspects of buying property in a foreign country, with constant validations through numerous and satisfied clients.
Our services begin with ongoing communication, way before our clients arrive, and this constant communication continues into the initial stages of selecting just the right investment, to the full closing, and purchasing, the entire legal process (contracts) and of course the full titling processes… Then further with our full Project Management Services, including the furnishing/ accessorizing (shopping) aspects in getting their investments either ready for personal occupancy or ready to leverage through our award-winning Property Management Rental program, as a viable short term rental income property (which we provide for those loyal clients who purchase their property through our agency).
- Let us help you take the stress and headache out of what “should be” an exciting and rewarding venture by looking out for your best personal interests BEFORE, DURING AND LONG AFTER your investment purchase.
NOTE: It is important for you to compare the quality of construction when you are purchasing pre construction. Since Reliable Realty only represents the top developers in the area, here are some comparisons of past projects from these vary same developers.