Are There Any Hidden Costs When Buying Property in the Dominican Republic?

The Dominican real estate system is transparent when properly navigated, but foreign buyers sometimes encounter unexpected costs after closing. These expenses are rarely truly “hidden”; rather, they are costs that were not properly disclosed, verified, or explained before the transaction was completed. Common post-closing surprises include unpaid condominium fees, outstanding municipal taxes, unpaid property taxes, […]

Miguel Brache

Law Degree from Pontifica Universidad Católica Madre y Maestra (PUCMM) and holds a Master’s Degree in Financial Markets Law also from PUCMM. Expert in Civil Law, Real Estate, Corporate Law, Economic Regulation, and Administrative Law. He has extensive experience in private practice in business law, litigation and conflict resolution.

alterlegal

Jose A. Fernández C

A graduate of the Universidad Iberoamericana (UNIBE) in Santo Domingo. Holds a Masters Degree in Arbitration, Alternative Dispute Resolution, and Mediation from the European Institute of Tax Consultancy, Granada, Spain, and a Master Degree in Corporate Law from Pontificia Universidad Católica Madre y Maestra (PUCMM). Expert in Real Estate Law, Corporate Law, Business Law, Conflict Mediation and Tax Advisory. He also has extensive knowledge in Contract Law, Foreign Investment, and Tourism Law. Member of the National Association of Young Entrepreneurs (ANJE).