New Construction Condos in Dominican Republic 2025: Pre-Sale Guide & Best Developments

Why Buy Pre-Construction in the Dominican Republic?

Pre-construction purchases offer several compelling advantages:

• Lower prices: Typically 15-30% below completion prices
• Built-in equity: Property appreciates during construction
• Payment flexibility: Spread payments over 12-24 months during construction
• Unit selection: Choose the best floor, view, and layout
• Customization: Some developers allow finish upgrades
• Modern amenities: Latest designs, technology, and building standards
• Warranty: New construction typically comes with builder warranty

Pre-Construction Pricing Structure

Typical Price Progression

• Pre-launch/VIP: 25-30% below projected completion price
• Launch phase: 20-25% below completion price
• During construction: 10-15% below completion price
• Near completion: 5-10% below completion price
• Completed/Turnkey: Full market price

Example Price Progression

For a 2-bedroom condo with completion price of US$300,000:

• Pre-launch: $210,000-$225,000
• Launch: $225,000-$240,000
• Mid-construction: $255,000-$270,000
• Completion: $300,000

Early buyers can realize $75,000-$90,000 in equity by closing.

Payment Plans & Financing

Typical Payment Structure

• Reservation deposit: $5,000-$10,000 (refundable during due diligence period)
• Down payment: 30-50% spread over construction period
• Balance at closing: 50-70% due at completion

Sample Payment Schedule (24-month construction)

For a $220,000 pre-construction purchase:

• Month 0: $5,000 reservation
• Month 1: $50,000 (contract signing)
• Months 6, 12, 18: $15,000 each ($45,000 total)
• Month 24 (closing): $120,000 balance

Financing Options

• Developer financing: Some developers offer 3-5 year financing on balance
• Dominican bank mortgage: Available upon completion for qualified buyers
• Home country equity: HELOC or refinance to fund payments
• Cash: Best negotiating position for additional discounts

Top Locations for New Construction

Punta Cana

Development activity: Highest volume of new construction

• Cap Cana, Bavaro, and Cocotal areas
• Resort-style developments with golf and beach clubs
• Price range: $150,000-$800,000+
• Best for: Resort lifestyle, rental income

Sosúa

Development activity: Moderate, focused growth

• New condos in established neighborhoods
• Ocean-view developments on hillsides
• Price range: $120,000-$400,000
• Best for: Value buyers, established expat community

Cabarete

Development activity: Select premium projects

• Beachfront and near-beach developments
• Focus on kiteboarding/active lifestyle market
• Price range: $180,000-$500,000
• Best for: Active lifestyle, digital nomads

Las Terrenas

Development activity: Growing boutique market

• Smaller, design-focused projects
• European developer influence
• Price range: $200,000-$600,000
• Best for: Discerning buyers seeking unique properties

Santo Domingo

Development activity: Urban high-rises

• Piantini, Naco, and Bella Vista neighborhoods
• Modern apartment towers with amenities
• Price range: $100,000-$400,000
• Best for: Urban lifestyle, professionals

Due Diligence for Pre-Construction Purchases

Developer Research

• Track record: Has the developer completed similar projects?
• Visit completed projects: See quality of previous work
• Check references: Talk to previous buyers
• Financial stability: Is the developer well-capitalized?
• Permits: Verify all construction permits are in place

Legal Review

• Land title: Verify developer owns or controls the land
• Contract review: Have a Dominican attorney review purchase agreement
• Escrow arrangements: Understand how deposits are protected
• Completion guarantees: What happens if project isn't completed?
• HOA structure: Review condominium bylaws and projected fees

Red Flags to Watch For

• Developer with no completed projects
• Unusually low prices compared to market
• Pressure to sign quickly without due diligence
• No clear permit documentation
• Vague completion timelines
• No escrow protection for deposits

Risks and How to Mitigate Them

Construction Delays

Risk: Projects often run 6-12 months behind schedule

Mitigation: Build delay expectations into your planning; understand contract terms for extended delays

Developer Failure

Risk: Developer runs out of money before completion

Mitigation: Research developer financials; prefer established developers; understand deposit protection

Specification Changes

Risk: Finishes or amenities differ from marketing materials

Mitigation: Get detailed specifications in writing; visit model units; include specifications in contract

Market Changes

Risk: Market declines during construction

Mitigation: Buy at sufficient discount to buffer market changes; choose prime locations

Step-by-Step Pre-Construction Buying Process

1. Research developments: Identify projects matching your criteria
2. Visit site and sales center: See the location and review plans
3. Select unit: Choose floor, view, and layout
4. Reserve: Pay reservation deposit (typically refundable for 7-14 days)
5. Due diligence: Attorney reviews contract and developer documentation
6. Sign contract: Execute purchase agreement and payment schedule
7. Make payments: Follow payment schedule during construction
8. Pre-delivery inspection: Walk through unit before closing
9. Closing: Pay balance, sign deed, receive keys
10. Title registration: Register property in your name

Explore Pre-Construction Opportunities

Sadeghi Group vets new construction developments to identify quality projects from reputable developers. We help buyers navigate pre-construction purchases safely.