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Go Back   DR1 Dominican Republic Forums > Travel > East Coast

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  #1  
Old 02-26-2008, 10:26 AM
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Join Date: Feb 2008
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Dsboss Level 1 (10)
Default Villa del sol Punta Cana (need Advise)

Any one have info on this condo complex looking to buy 2 any info would be greatly appreciated. As far as condo committee, developer, construction quality, value, projected value. Thanks Also a refference to a reputable lawyer. I found a few on this site but would like to here some of your opinions. I really don't want to get screwed oveseas... Also can anyone tell me if I put enough money down can get a no income verification loan in the DR..
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Old 02-26-2008, 02:55 PM
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Join Date: Mar 2003
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andy_089 Level 1 (10)
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why buying so far from the beach?
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Old 02-26-2008, 04:43 PM
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Join Date: Aug 2005
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DavidZ Level 1 (27)
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Quote:
Originally Posted by Dsboss View Post
Also can anyone tell me if I put enough money down can get a no income verification loan in the DR..
Simple answer...unfortunately, no. More complex answer...it's possible - if you use a private money lender (high interest) or do a re-fi or home equity line on property in your home country.

As for the future value...I personally don't see a big demand for properties off the beach in Bavaro/Punta Cana...98% of the attraction to that area is the beach! It's doubtful to me that it will become a haven for expats or retirees in the near future...except the more affluent ones who will but in Cap Cana, Roko Ki, Punta Cana Club, etc.
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