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Caribbean

Subsidised Inspection Trips - plus a Refund on Purchase

Buying a property in another country can be a daunting experience; Lords P&P therefore will ...

Caribbean

Lords P&P International


One of the most amazing aspects of the Caribbean region is its diversity. Every island is unique, with contrasting landscapes, ecosystems, ethnicities, and foods. Because every island has something different to offer, travelers are sure to find an island in the Caribbean to suit their taste.Whether you seek steamy, tropical rain forests; still, glassy lagoons; or wind and waves, you can easily find weather in the Caribbean to suit your taste. The Caribbean is an extraordinary blend of carefree living and modern convenience. Despite its laid back charm, the region boasts all the technological comforts of home such as cellular phone service, automated teller machines (ATMs), premium medical facilities, and express mail service.

 

The Bahamas are located just 50 miles from the coast of Florida. This group of 700 islands is awash with tropical palm trees, pristine white sandy beaches drenched in sunlight, and multi-coloured coral reefs. Gently cooled by the occasional sea breeze, the Bahamas are a firm favourite on the international tourist trail for the selective and well-heeled traveller in search of rest and relaxation in lush surroundings.

 

The Dominican Republic – a US-style democracy – covers two-thirds of the island, the remaining third being French-speaking Haiti. In recent years, this island has become the top Caribbean destination. International investment in high quality development of villas, beachside apartments, marinas, high quality golf courses and excellent sporting facilities are all under way to cater for the increased interest in the island.

 



General Info
F.A.Q

Climate in Caribbean

Temperatures range from 32C (90F) in the summer to 21C (70F) in the winter in the Bahamas and The Dominican Republic primarily has a tropical climate, with local rather than seasonal variations in temperature. The average annual temperature is 25C (77F).

 

Getting There

Numerous major airline carriers - from departure points all over the world - have regular flights to the Caribbean


Currency                                                                        Time
Dominican peso (DOP) £1 = DOP 64                                GMT -4 Dominican Republic

Bahamian dollar (BSD) £1 = BSD 1.96                              GMT -5 Bahamas

Population                                                                     Dialling Code
9million Dominican Republic                                              +1 809 Dominican Republic

300,000 The Bahamas                                                     +1 242 Bahamas

 

Business hours
Mon–Fri 8am–7pm (often breaking at 12 for two hours)
Mon–Fri 8am–12pm and 2pm–6pm
Mon-Fri 8.30am–3pm
&
Mon–Fri 9am–5pm
Mon–Fri 9am–5pm
Mon–Thur 8.30am–3pm

 

Language
The official language in the Dominican Republic is Spanish.

English is the official language of The Islands Of The Bahamas.

Most people involved in tourism understand and speak at least some English

 

 

  1. What are the Starting prices of properties?
    The average 2 bedroom apartments start at €283,000 (Bahamas) The average 1 bedroom apartments start at €26,000 (Dominican Republic)
  2. What are the other cost's involved?
    You will need to budget for 7% for others costs in Dominican Republic and up to approx 15% in Bahamas
  3. Are mortgages available?
    DOMINICAN REPUBLIC Typical Rate : 4.65% Term : 15 years Max Age : 65 BAHAMAS Typical Rate : 7.45% Term : 20 years Max Age : 65
  4. Is there a rental market?
    A healthy market with returns up to 10-15%
  5. Do I need a visa?
    UK Citizens do not need visa and may stay 6 months in Bahamas Visitors who do not obtain a Dominican visa prior to entry must purchase a tourist card upon arrival to enter the country.  Tourist ...
  6. Will I need a Lawyer?
    We always highly recommend instructing lawyers with regards to property sales our local team will assist with this
  7. What's included on the inspection visit?
    Please see inspection trips link
  8. How does the buying process work?
    Dominican Republic - A 10% deposit is required to reserve the property and take it off the market. Subsequently, the lawyer will conduct the process of due diligence. This involves title search, ...
 

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