Real Estate Dominican Republic
Pre-sale and off-plan property
Sale status

Pre-sale and off-plan property

Projects sold before or during construction. Pre-sale prices can be lower and payments are often staged, but you are relying on the developer to finish.

Buyer questions

How are pre-sale payments usually made?
Often as a reservation deposit followed by staged payments through construction. Make sure each stage is written into the contract.
What protects me if the project is late?
Only what your contract says. Have a lawyer check the delivery date, penalties, permits and the developer's past projects.
Can I resell before completion?
Some contracts allow it and some charge a fee. Check the assignment clause before you sign.

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