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02-02-2009, 06:58 PM
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Bronze
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Join Date: Jan 2009
Posts: 17
(10)
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What is the future of Barahona?
I have an opportunity to buy a nice land 10-15 minutes south of Barahona with beautiful ocean view... I live in the US and I would like to hear from you guys how you see a future of this area? What can I expect there in 5 / 10 / 20 years? It is not Punta Cana and it will never be, same as not Puerto Plata or other north areas, but... Should that be a nice place to retire? Thanks.
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02-02-2009, 10:47 PM
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Gold
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Join Date: Jan 2002
Posts: 552
(28)
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If you like it the way it is now...........
...........then you will like it in 10-15 years because it will be the same as it is today.....Barahona has not progressed in any way in the past 10 years. It will be the same for the foreseeable future.
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02-02-2009, 10:50 PM
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Silver
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Join Date: Jun 2006
Posts: 165
(49)
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Beautiful area, great people, unspoiled (well almost) by tourists - at least the mass tourism; however for development prospects, it will take a long, long time before the drive will focus on Barahona -that is if you think of you purchase in terms of investment and appreciation. My experience is also that people have a higly inflated perception of the value of the land/house that they want to sell; and are unwilling to negotiate to a reasonable price-level; I have seen the same land and house for sale for years on end because the owner doesn't come down in price - the reason for this has often baffled me.
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02-02-2009, 10:53 PM
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Gold
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Join Date: Sep 2008
Posts: 2,219
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perhaps they are not in a rush to move , but will take the money if someone offers it
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02-02-2009, 11:00 PM
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Silver
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Join Date: Dec 2007
Posts: 200
(79)
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I like Barahona. It seems like a neat tidy LITTLE TOWN !!!!!!!!!!! the locals have a blast at the disco trying to dance salsa. I don't think anything will happen there till the next ice age.............good luck
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02-02-2009, 11:09 PM
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Silver
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Join Date: Jun 2006
Posts: 165
(49)
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Slim prospects for real-estate agents
Quote:
Originally Posted by jrhartley
perhaps they are not in a rush to move , but will take the money if someone offers it
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What I meant is that not only one house has been for sale for ages, it seems that all the houses and land that I noticed being for sale in Barahona (and along the southern route) several years ago are still for sale - the signs a bit more faded nowadays - were you a realestate agent, you would have plenty of time on your hand, I'd say
The realstate scene apart - great place, I like the town and the south-western region immensely.
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02-03-2009, 12:54 AM
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Bronze
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Join Date: Jan 2009
Posts: 17
(10)
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Quote:
Originally Posted by Arrica
What I meant is that not only one house has been for sale for ages, it seems that all the houses and land that I noticed being for sale in Barahona (and along the southern route) several years ago are still for sale - the signs a bit more faded nowadays - were you a realestate agent, you would have plenty of time on your hand, I'd say
The realstate scene apart - great place, I like the town and the south-western region immensely.
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Well, so what is the right price for a waterfront land? With electric and water connections, private road and electric gate (for small community) ..? I believe the price change also here, even just a little bit. Is not better to buy now than later?
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02-03-2009, 09:29 PM
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Silver
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Join Date: Jun 2006
Posts: 165
(49)
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prices
Quote:
Originally Posted by John Black
Well, so what is the right price for a waterfront land? With electric and water connections, private road and electric gate (for small community) ..? I believe the price change also here, even just a little bit. Is not better to buy now than later?
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Si recuerdo bien -from when I was looking a couple of years back, in the interior hills behind Paraiso the price was around 400 peso/m2; in one of the smaller villages (forgot name) 1/2 tarea (approx 315 m2) with 15 waterfront was 20 M pesos.
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02-03-2009, 11:38 PM
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Gold
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Join Date: Feb 2007
Posts: 2,241
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Quote:
Originally Posted by Arrica
Si recuerdo bien -from when I was looking a couple of years back, in the interior hills behind Paraiso the price was around 400 peso/m2; in one of the smaller villages (forgot name) 1/2 tarea (approx 315 m2) with 15 waterfront was 20 M pesos.
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That price quote seems strange... 20 million RD$ for 315 m2 would be US$1,800 per m2 ....
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02-07-2009, 03:29 PM
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Gold
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Join Date: Feb 2005
Posts: 563
(157)
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There is a HUGE misconception here. Barahona and the southwest is streaming with investors. I personally know of two HUGE developments already on board for review. One is right after the "Vuelta De Gabino" pass Playa Azul.
The other is in Paraiso.
Understand that Perdenales is very hot right now with deals going on for Cabo Rojo and Playa Blanca, the surrounding areas of Bahia De Las Aguilas.
While it will take time to become a Cabarete, I believe it can become the mecca of eco-tourism in the Dominican Republic as it contains the most diverse geography ion the country and conservatives have fought for this type of development for years.
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