Frequently Asked Questions
What is the price per square meter in the area?
- Apartments in Las Canas under construction are priced at US$2,400 per square meter.
- Apartments within Cap Cana under construction are priced at US$3,500 per square meter.
How far are the properties from the beach?
The distance depends on the location of the project within the Master Plan, as there are various public beaches in Cap Cana. However, residential and real estate projects are either beachfront or, at most, 7 minutes away by car.
Do the properties have access to Cap Cana's amenities like beaches, golf courses, and equestrian facilities?
Yes, every project within Cap Cana offers access to the amenities of this private destination city. By purchasing property in Cap Cana, you become a part of the city and can request a membership card. These amenities are exclusively for the use of property owners and residents of Cap Cana.
What are the fixed costs for property maintenance, electricity, and water?
- Community Fees (Cap Cana Owners Association): $32.40 per bedroom. These fees cover:
- Irrigation water service
- Electricity for common areas
- Road maintenance
- Garbage collection
- Pest control in common areas
- 24/7 security
- Maintenance of green spaces
- 24/7 medical services
- 24/7 fire department services
- Beach maintenance and cleaning
- Customer service
- Internal taxi transportation
- Access control and front desk services
- Residential Maintenance Fee: This varies depending on the location and amenities of the specific community or residential area. For apartments, maintenance fees are approximately $3.00 per square meter.
Are there any tax incentives?
Yes, real estate projects within Cap Cana may qualify for the benefits of the Tourism Development Promotion Law (Confotur), provided they meet the established requirements.
The benefits include:
- Exemption from the property transfer tax (3% of the property’s value).
- Exemption from property tax (IPI) for 15 years.
What is the process for purchasing a resale property in Cap Cana?
If you’re interested in purchasing a resale property in Cap Cana, our team has exclusive access to the Cap Cana Real Estate inventory, offering you the best available options. The process includes:
- Information Request: Provide us with your property preferences, and we’ll send detailed listings, including photos, descriptions, and specifications.
- Property Tour: We coordinate visits so you can personally view the properties that interest you.
- Property Reservation: Once you find the ideal property, you’ll need to complete a Reservation Form and a due diligence form (“Know Your Customer”).
- Reservation Deposit: A deposit (10%-15% of the offer value) is made to an ESCROW account. This is refundable.
- Closing the Sale: Attorneys from both parties handle the legal process. We recommend working with a local attorney.
- Additional Assistance: We can connect you with professionals such as lawyers, architects, engineers, and interior designers to facilitate the process.
What is the process for purchasing a property in a new development in Cap Cana?
We offer an extensive inventory of over 70 new developments in Cap Cana. The steps for purchasing a property in a new development include:
- Information Request: Our advisors will provide detailed information on projects that suit your needs.
- Project Tour: We arrange in-person or virtual tours so you can explore the developments and meet with developers for greater transparency.
- Property Reservation: If you decide to proceed, you will complete the Project Reservation Form and “Know Your Customer” form.
- Reservation Deposit: A refundable $5,000 USD deposit secures your reservation, giving you 30 days to review and sign the purchase agreement while making the initial payment.
Where can I find available commercial spaces in Cap Cana?
If you are looking for commercial spaces in Cap Cana, the main options are:
- Fishing Lodge & Marina Norte: Areas with high tourist traffic, ideal for small and medium-sized businesses such as restaurants, beauty salons, mini markets, golf cart rental shops, clothing stores, and boutique offices. Our office is also located in this area.
- Ciudad Las Canas: A strategic location with supermarkets, medical services, Heritage School, and corporate offices, making it ideal for larger businesses.
- Green Village Plaza: A newly developed commercial plaza where you can find commercial spaces and already operational businesses, including a supermarket, restaurants, a clothing store, and corporate offices, such as courier services.
- Lake District (Upcoming Development): Currently in the design and sales phase, this new commercial zone will be located near the El Dorado water park, featuring new shopping plazas under development.
If you want to learn more about commercial opportunities in Cap Cana, contact us, and we will gladly provide you with all the necessary information.