Ownership Questions

Do I need to have residency status in order to own a home?

No. Anyone can buy and own and home in the Dominican Republic. This is a site which will explain what is required for a residency. Dominican law permits you to apply for provisional residency immediately after arriving to the country. After 2 years, you can apply for permanent residency. The DR allows citizens from most countries to enter the country on a tourist visa. Applying for residency is a relatively easy and inexpensive process.

Can I buy a finished home?

Currently we are in pre-construction sales phase. In the near future, we will be offering finished homes for sale.

When can I sell the property?

At any time.

What are the vocational rental management fees?

If you want to create passive income on your property or wish to rent out the villa when you are not using it, Estancia Natura will manage the property. To have a successful rental business there are a lot of criteria that need to be met and typically that is very time-consuming. Estancia Natura will take responsibility for the whole process of advertising, cleaning, renting, checking in and out guests, and providing oversight with reports for a 20% fee of the booking price. We are proficient in online rental services such as Airbnb, booking.com and VRBO.

Is there an HOA (Home Owner’s Association) that runs the community?

There is no community HOA. Estancia Natura has an in-house management team looking after all aspects of the community. There are general rules that are written into each title for co-living in harmony in the community. The Management Team are based on-site and their job will be to manage all of the community’s business affairs as well as manage properties for owners who wish to use their villas for additional rental income.

What other monthly fees may apply?

General Maintenance of your home’s interior and exterior and landscaped areas. The maintenance costs will be assessed based on the homes size and scope of work. Our onsite maintenance team is always available for any unexpected issues. The General Maintenance costs are charged monthly, and it’s optional. It is mainly used for units that are constantly rented to 3rd parties.

What are the estimated monthly property management fees?

For 2BR $300. For 3BR $350 and 4BR $400. The Property Management fees include security, landscaping, and general maintenance of Estancia Natura, like running the community services, i.e. shared co-workspace, communal gardens, hiking trails, camping area, roads, etc.

Can I subdivide my property?

At Estancia Natura, you are not allowed to subdivide your lot.

How big are the Lots?

All Excusive Mountaintop lots are between 6,000 – 8,000 square meters.

Who owns the property?

You have 100% ownership of the property you purchase. Estancia Natura owns the community spaces.