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Old 03-21-2000, 02:55 PM
guiliani gonzalez
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Default land in DR.

I just found out I have 19 tareas of undeveloped land in the Dominican Republic. I need to know what exactly equals up to 19 tareas in american measuremants. And around how much is that worth? It's in Presa De Tavera.
  #2  
Old 03-21-2000, 06:55 PM
William Leslie
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Default Re: land in DR.

1 tarea equals 629m2 or 6771 sq ft (or a fraction over 1/6 of an acre 4047m2 equals 1 acre Can not help you with the value.
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Old 03-22-2000, 07:54 PM
Mike
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Default Re: land in DR.

Probably between $RD1500 to $RD4000 a tarea if it's in a remote spot. There are many factors that influence the price. Like location, is it near a main road? does it have electricity? Is the land prepared for agriculture? Does it presently have crops growing like coffee or Cacao? If I was you I would not assume that you are sitting on a fortune.

Make sure your legal papers are in line or that could bring many problems later. You might want to check if there are people occupying the land illegally which is common here.
 

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