I know some people that do well, others that are struggling.
From what I see, it comes down to your ability to market the property and of course what type of service you provide.
I have a friend that tells me his US$1,200 a night Sea Horse villa is hardly renting and another that has a US$2,500 a night villa in Cabrera that is always booked. Is it a change in market conditions or the difference is their ability to market the property? From what I see, it's the difference in their ability to market.
We have clients on DR1 that derive 75%+ of all their rental bookings from DR1. Just ask Judy at Las Canas how she did this Christmas season or some of those that own at the Palms.
What Everybody Should Know Before Investing in Rental Property!
When you next in Sosua, send Curt Erickson that looks after real estate for DR1 an email. I'm sure he will be happy to introduce you to a bunch of current villa owners that can give you the low down, the good and the bad.
Email:
curt@dr1.com