Despite the increase in the prices of construction materials that has impacted the housing coststhere is a dynamism in the real estate sector, due to the good demand for investment and as a second residence.
The broker of Exp Dominican Republic, Mabel Lugosaid that the sector, after the covid 19 pandemic, has been dynamized by 100%attracting new local and international investors, since the country has established itself as a safe destination for retirement or investment.
He stated that increases in housing costsdriven by increases in the prices of cement, rebar and other construction materials, have caused those interested in acquiring a home to speed up the process.
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He revealed that currently around 70% of home purchases are for investment, while the remaining 30% is for a change of residence to tourist destinations.
About Exp Realty, he said that it is the first global brokerage agency to move from a physical establishment to one based on the cloud, since it is established in the country under the Exp Dominican Republic brand, a digital real estate business model that provides excellent benefits to real estate agents.
Exp Dominican Republic
Exp República Dominicana, the first agency in the country whose real estate business model is fully digital, held a roadshow for real estate agents in the country. Marbel Lugo, broker in the country, was the hostess of this event that was held at the Catalonia Santo Domingo hotel.
