Owning a Vacation Home in Caribbean

We have an accepted offer, people!  YES!...okay...it ain't over 'til it's over, Rene.... So, we've hashed out the details of our Caribbean property purchase. And in the process of figuring out the steps I've learned a great deal...which we know is a scary supposition...I KNOW there's plenty more I don't know, and what you don't know is always what gets ya! Now we are waiting on our funds to come in.  We decided to refinance a rental property that was nearly paid off.  It means that property will not be providing a 100% free and clear income, but it worked out to about $150 more per month in payment which equals about $400 in income instead of $550.  But, that property is very stable to rent, and it means no out of pocket expenses to put the down payment on the DR property.  Then we'll make monthly payments until another one of our properties sell next summer, and we are confident it will sell quickly.  But, there are a lot of if's

Okay, the whole reason I'm writing my first blog is because by nature I am an extremely impatient person. I get so antsy when waiting for anything I freak out! I started typing as a means to vent. And my normal outlet for these kinds of anticipation periods is my mother. However, I can't talk to her about this because we aren't telling anyone of our plans to buy a vacation home in the DR! They will mean well but out of ignorance actively try to dissuade us! Better, to present them with a done deal where they can come and enjoy the North Coast of the Dominican Republic AFTER THE FACT! After returning from our trip, Thomas and I original planned community realized we were desperate to return or at least have a return trip on the books. We learned from Barry that the unfinished house which I admit was my primary hope after having seen the couple properties available  was out of our price range. We would have to stretch uncomfortably to purchase it and we wouldn't ha

So, here's a picture (with some photoshop additions ;-) Nice touch, Sebastian) of the little house on a hill above Cabrera.  I've been looking at this house listed on a few real estate sites since spring of last year. It was listed around $120,000...then $110,000...and then magically, the day we arrived  in Cabrera, it was reduced to $75,000! That had to be fate! So, still reeling from seeing the possibilities of the unfinished property, but having no idea what the sales price would be, I called Sebastian at DRcoastalproperties and made the appointment to see this house. We met at his office on the main road through Cabrera and it took about 10 minutes up a coliche road and down what seemed like little more than a path to the house.  It was built as the model house for a development by the owner and sits in an odd lot set back from the view.  The other 9 little lots are easily discernible by short rocky walls that have been built already.   But, for whatever reason t

Since vacationing in Punta Cana in Dominican Republic in 2014 pretty much on a whim, my husband and I were eager to get off resort to see if the landscape and people of Dom Rep were the right fit. my tripadvisor review So we booked flight to Punta Cana because they were cheapest and rented a car for about a week to drive across the country to the north coast and rented a one bedroom casita right on the sea. Casita de Cabrera view down walkway to water This setting was probably out of our financial reach, but we wanted to have the camparison of a direct-on-the-ocean lot versus 180 degree distant view and discern what distance gives us the optimal view and takes advantage of the breezes that one finds up in the hills above the ocean. We had contacted a real estate agents at DRcoastalproperties.com and juanperdomo.com. While in Cabrera we saw lots, and small houses ready to be used, and the aforementioned partial build. Sebastian from DRcoastalproperties showed us a littl

Okay, so there's a limited amount of space upon which to regurgitate all thought...duly noted. As I said, you are witnessing first hand my very first blog attempt...and our journey to purchase property in the Caribbean. So where was I?  And how do I get my blogs to appear in chronological order...or would that confuse readers?  I guess, I'll find out. Back to Cabrera... Not only did we fall in love with this little farming town that hit all our checklist points, but we saw three properties that we were very interested in. One was a plot of land with a breezy beautiful view...ocean dominant...not to be obscured too much by haze...but way less corrosive salt air to deal with and a price point that's within our means. Our version of a 'goldilocks' view The problem with this lot is it's pretty far away from town, not too far, but I'd like the option of being able to walk places. ( Which is a calculated risk in the Dominican Republic due to crazy n

So bear with me here...I want to get anyone interested up to date on our process. Honeymoon in Punta Cana 2014 A few years ago my husband and I discovered that we both had long held a dream of living on a tropical island.  Not unusual, I know very few people who don't harbor a similar dream...though most of them have set their eyes on the Sunbelt of America, whereas my husband and I are fully open to the idea of expatriating. We've both lived in other countries for years at a time...my better half lived on five continents...and we love the idea of learning another language and culture. In retrospect, all the clues were there...my husband's "life's a beach" sign, our many cruises in the Caribbean and vacation rentals in the Bahamas and visits to Dominican Republic...if we had a choice about where we would like to live full-time, it would be somewhere tropical. Paradisus Punta Cana So...where?? There's the South Pacific, Hawaii, Caribbean,

This is a shot in the dark.  I've never blogged before but I am an avid reader of blogs and posts on the internet, and thought I'd share my thoughts and insights and stumble over the next few years of our search for a vacation home in the Caribbean that we hope to utilize and possibly rent for the next 7-8 years and then retire to...well, that's the plan anyway. Our "thinking spot" at our rental in Cabrera, casita by the sea. After a 6 day whirlwind trip to the Dominican Republic's north coast, we are going full-steam ahead trying to secure a little piece of paradise for us to use as a family vacation spot and eventually retire to.  We came back heads full of possibilities.  And before I go crazy, I had to find a way to get my thoughts out.  And scouring other blogs didn't quite satisfy.  So...here goes!