Buying a property in Las Terrenas

Member since 29 April 2022

tommykair20New member05 June 2022 13:02:37

Have any of you experience paying lawyers to deal with real estate paperwork in LT? How much have a lawyer charge you to do a promise of purchase (and notarized it) in Las Terrenas?

Reason im asking is because im hearing some crazy numbers compare to Santo Domingo or other cities.

arezkiofstow Member

Member since 04 January 2022

arezkiofstowMember05 June 2022 15:07:18

I bought two properties in Las Terrenas from sellers who live in Santo Domingo and never used Las Terrenas lawyers, brokers, bankers, RE folks, etc.聽 Anything that you do in Las Terrenas is expansive beyond logic. The concentration of foreigners seem to give the local businesses (partly owned by foreigners too) the impression they can price without limits, including over-priced real estate.聽 So anything you can do in SD, do it there.聽

LT American Active member

Member since 01 July 2021

LT AmericanActive member05 June 2022 18:12:40

Yes, Las Terrenas is the wild West as we say in the USA..I am assisting some builders in getting the Confotur permits because the lawyers here see one client and think I am going to retire

ddmcghee Dominican Republic Expert

Member since 15 May 2017

ddmcgheeDominican Republic Expert06 June 2022 09:51:50

1800

We鈥檝e used Guzman Ariza for all 3 of our purchases They aren鈥檛 cheap, but they are good!

Two of our properties have now been sold and the buyers used other attorneys. With those transactions, we saw that Guzman was much more efficient, accurate, and timely!

DominicanadaMike ViP

Member since 21 July 2015

DominicanadaMikeViP13 August 2022 13:12:53

1049

More than 2-400USD and you are paying too much for a notarized promise of sale by a respectable lawyer.

reynintrinidad09 New member

Member since 22 August 2022

reynintrinidad09New member24 August 2022 16:14:29

[link moderated]

In this video, I explain the guarantees offered by the law of the Dominican Republic in case the owner of a property dies.

Moderated by Bhavna 2 years ago
Reason : External link
We invite you to read the forum code of conduct

Jwoddis Active member

Member since 03 August 2020

JwoddisActive member24 August 2022 16:20:09

@ddmcghee I think it depends which lawyer you get, Denise.聽 not mentioning any names but we (and many others) have horror stories to tell about that firm

ddmcghee Dominican Republic Expert

Member since 15 May 2017

ddmcgheeDominican Republic Expert25 August 2022 10:44:31

1800

@Jwoddis Wow! Good to know!

My last interaction with them wasn鈥檛 positive. $350 for a simple POA, and then they wanted $1000 to do a title lien search and pull a document out of my file when I sold a property.