Puerto Plata Real Estate

Listings last updated 04/21/2019

Homes for Sale in Puerto Plata

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Overview of the real estate prices in Puerto Plata, Dominican Republic

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CITY GUIDE
PUERTO PLATA, DOMINICAN REPUBLIC

Located on the northern side of the Dominican Republic, Puerto Plata spans a long, beautiful coastline overlooking the Atlantic Ocean. There are approximately 270,000 people living within the 196 square miles of the city. Puerto Plata is located within the province of Puerto Plata, which is home to just under 1.9 million residents.

Puerto Plata contributes a lot to the economy of the Dominican Republic as a whole thanks to its tourism and agribusiness. Puerto Plata is a major port stop for cruises, giving the city a consistent influx of passengers. Major colleges in Puerto Plata include the University of Puerto Plata and UTESA, also known as the Universidad Tecnológica de Santiago.

Music plays a major role in Puerto Plata’s lifestyle. The Merengue is by far the most popular form of music. The combination of music and folklore is celebrated throughout the Dominican Republic – Puerto Plata hosts an annual Merengue festival featuring music, food, dancing and more.

Puerto Plata has a very large Catholic population and is home to many churches. The Cathedral of San Felipe, which is the mother church of the Diocese of Puerto Plata, was created by Pope John Paul II in 1996. It is famous for its twin towers and Art Deco-influenced exterior.

You’ll find the El Faro Lighthouse, the annual Cultural Festival, as well as the Fort of San Felipe which was originally planned in the 16th century to combat pirates, bandits and other unsavory folk who wanted to pillage the region of Puerto Plata.

Puerto Plata enjoys a tropical climate with hot summers and warm and wet winters. The hottest months are June through October when temperatures reach into the low 90s. The coolest months are January and February when temperatures average in the low 60s, although for most of the year nighttime temperatures are in the 60s. Puerto Plata receives approximately 60 inches of rainfall annually with November, December and January being the wettest months.

Real estate and rentals are less expensive here than in other major cities in the Dominican Republic as well as in hotspots on nearby islands. There are beautiful homes as well as condos and apartments situated along the water that are available to accommodate most budgets and preferences.

Puerto Plata is a beautiful community with a thriving economy. Preserving its history, Puerto Plata has also become a major tourist destination in the Dominican Republic. From businesses and offices to shops, bars, restaurants and more, Puerto Plata is attracting many foreigners and expats.

KEY FACTS:

Puerto Plata, Dominican Republic

La Romana, Dominican Republic
  • Country: Dominican Republic

  • Province: La Romana Province

  • Nickname(s): "La Novia del Atlantico"

  • Population: 286,500

  • Area:

    Land: 509.01 km2

Lifestyle

Lifestyle and Culture

On rainy days, there are a few great museums in Puerto Plata worth exploring. The Museo del Ambar Dominicano has amber exhibits such as a lizard in amber dating back 50 million years. Other notable museums include the Casa Museo General Gregorio Luperón and the Galería de Ambar – a second amber museum dedicated to the history of amber mining as well as rum, sugar and tobacco.

Puerto Plata and the surrounding areas have many fun events and festivals throughout the year including the Cultural Festival, the Carnival, and the Jazz Festival.

Puerto Plata has a significant Catholic population so there are many beautiful churches throughout the city. The Cathedral of San Felipe, known for its twin towers and Art Deco-influenced façade, is the main church of the Diocese of Puerto Plata.

Lifestyle

Entertainment and Tourism

Ocean World is a major water park known for having the largest man-made dolphin habitat in the entire world. Along with the dolphins, tourists can explore the beaches and forests, observe the various birds and even test their luck in the casino.

Puerto Plata offers an eclectic nightlife offering merengue and salsa clubs as well as popular nightclubs and bars. Some of the hottest spots are the Lighthouse Lounge and Disco, Café Cito and Hemingway’s Café.

Kayaking, surfing, swimming and stand up paddleboarding are all major sports played off the coast in the waters of the Atlantic.

Entertainment and Tourism
Neighbourhoods

Municipalities

Within the province of Puerto Plata, there are 9 different municipalities including the city of Puerto Plata. Other municipalities near the city of Puerto Plata include:

Neighbourhoods

Luperon

Luperon is located about 45 kilometers west of Puerto Plata. This small town is home to a single all-inclusive resort but, most famously, it is believed that Christopher Columbus docked his ships in the bay to protect them from a storm.

Sosua

Sosua is 25 kilometers east of Puerto Plata and is a thriving resort town whose origins date back to the 1930s when Jewish refugees fleeing Nazi Germany were allowed to immigrate to this region. Many beautiful beaches are found in Sosua.

Real Estate Market

New home construction and developments are helping to attract folks from across the Dominican Republic and the wider world to Puerto Plata. With its low cost of living and beautiful features, there is growing interest in the north coast area of the Dominican Republic.

Housing options are very affordable compared to other major cities in the Dominican Republic. Compared to Santo Domingo, Puerto Plata is almost half the cost in regard to rentals and real estate. When compared to San Juan on nearby Puerto Rico, Puerto Plata is considerably less expensive, being on average about three-quarters the price.

Within Puerto Plata, there are many upscale and luxurious options. From the apartments and condos looking over the water near the recently renovated malecon to the beautiful Victorian-style homes located in upmarket neighborhoods, there continues to be many great options for those seeking a home in a tropical paradise.

When it comes to foreigners purchasing land and property in Puerto Plata and the Dominican Republic, there are no restrictions - a quality lawyer will be able to manage the necessary paperwork. Puerto Plata is seeing an increase in foreign interest.



  • Price per Square Meter to Buy Apartment in City Centre: $634.40
  • Price per Square Meter to Buy Apartment Outside of Centre: $317.20
Home Style Average Rent Price
1-bedroom apartment in City Centre $169.17
1-bedroom apartment Outside of Centre $105.73
3-bedroom apartment in City Centre $359.50
3-bedroom apartment Outside of Centre $211.47

Source: www.numbeo.com (May 2017)

Education

Education

When it comes to higher education, Puerto Plata offers a few options. The most popular school is the Universidad Dominican O&M, also known as Universidad Organización y Método, which is headquartered in Santo Domingo but has a campus in Puerto Plata. Some of the degree programs are accounting, law, education and business administration.

Other notable colleges and universities in Puerto Plata include Pontificia Universidad Católica Madre y Maestra, Universidad Tecnológica de Santiago, also known as UTESA, and Centro Universitario Regional del Atlántico de la Universidad Autónoma de Santo Domingo

Spanish is used in classes in Puerto Plata as well as throughout the Dominican Republic. There are nearly 30,000 students being educated in schools throughout Puerto Plata. The Dominican Republic offers a free, public education and it is mandatory during the elementary level which runs to grade 8, or 14 years old. Secondary education, also known as high school, is more flexible than that of the United States and allows students to focus more on technical or vocational training.

Education