Advanced
Price Range From To
Other Features

Cabarete

Kitesurf_004

Introduction

City Overview

Welcome to Cabarete, a vibrant coastal town located on the northern coast of the Dominican
Republic. Famous for its water sports, stunning beaches, and laid-back atmosphere, Cabarete
is a paradise for those seeking adventure and relaxation. Living in Cabarete means enjoying a
unique lifestyle with a strong sense of community and access to world-class amenities.

Key Statistics

  • Population: Approximately 15,000
  • Area: 36.32 square kilometers
  • Average Property Price: $1,000 per square meter (residential)
  • Major Economic Activities: Tourism, real estate, water sports

Residential Market

Condos

Cabarete offers a variety of condos, ideal for both residents and vacation rentals. Popular areas include Cabarete Bay and Kite Beach. Prices range from $100,000 to $600,000.

Single-Family Homes

These properties are perfect for families looking for space and comfort. Gated communities such as Sea Horse Ranch and Perla Marina are highly sought after. Prices typically range from $200,000 to $1,500,000.

Luxury Villas

Cabarete is renowned for its stunning luxury villas, especially within exclusive beachfront communities. Prices for these properties start at $500,000 and can exceed $3,000,000.

XXL (1)
302186-kitesurf-en-cabarete

Real Estate Market

Market Trends

Cabarete’s real estate market is dynamic and attractive, driven by its status as a top destination
for water sports enthusiasts and its picturesque scenery. The market offers a wide range of
properties, from affordable condos to luxurious beachfront villas. Property values are on the rise
due to increasing demand and ongoing development.

Types of Properties

  • Residential: Condos, single-family homes, and luxury villas
  • Commercial: Retail spaces, office buildings, and hospitality properties

Commercial Market

Retail Spaces

Retail properties in high-traffic areas such as the main street and beachfront are in high demand. Rental prices vary from $20 to $40 per square meter per month.

Office Buildings

As the area develops, there is an increasing need for office spaces. Prices depend on location and amenities, ranging from $15 to $30 per square meter per month.

Hospitality Properties

With tourism being a major economic driver, investing in hotels, resorts, and vacation rentals can be highly lucrative.

e53b34542699e032a356e14c64b3efc2
79dbee90be3a9c6f95993ef0e3496d5d

Statistical Insights

Economic Growth and Development

Cabarete is a thriving economic hub, primarily driven by
its robust tourism sector. The local economy benefits from continuous investments in hospitality, infrastructure, and real estate.

Key Economic Statistics:

● GDP Growth Rate: Averaging 4.7% annually over the past decade.
● Unemployment Rate: Approximately 5.8%, reflecting a strong job market driven by
tourism and services.
● Foreign Direct Investment (FDI): Over $500 million in 2022, with a substantial portion
allocated to tourism and real estate projects.

Investment Opportunities

Vacation Rentals:

The high influx of tourists makes vacation rentals a profitable investment. Short-term rental properties often yield high returns.

Commercial Developments

Investing in retail and office spaces can provide steady income due to the growing local economy.

Luxury Market

The demand for high-end properties is increasing, attracting affluent buyers and investors from around the world.

Bozo-1500x1000
Puerto-Plata_2-1440x958

Lifestyle and Amenities

Living in Cabarete

Living in Cabarete offers a lifestyle that feels like a permanent vacation. With its stunning
beaches, vibrant nightlife, and plethora of outdoor activities, Cabarete is perfect for those who
love to live life to the fullest.

Schools and Education

International School of Sosua , Colegio San Felipe , Cabarete Bilingual School.

Healthcare Facilities

Centro Medico Bournigal , Hospiten Puerto Plata , Clinica Cabarete.

Shopping and Dining

Janet’s Supermarket , La Sirena , Cabarete Plaza , La Casita de Papi , Bliss Restaurant.

Recreation and Leisure

Cabarete Beach , Kite Surfing , Encuentro Beach , El Choco National Park , Laguna Gri Gri/

Future Prospects

Economic Growth

Cabarete’s economy continues to grow, with significant investments in tourism and infrastructure.

Infrastructure Improvements

Ongoing projects such as new highways and airport expansions are expected to further boost the real estate market.

Tourism Expansion

As a premier water sports destination, Cabarete is continually attracting more visitors, driving demand for real estate.

Cabarete_7
Puerto-plata10

Investment Opportunities

Why Invest Here

Tourism Hub

Cabarete is a major tourist destination, attracting millions of visitors each year, which drives demand for real estate.

High ROI

Properties in Cabarete offer high rental yields and strong capital appreciation.

Favorable Climate

The Dominican Republic offers favorable conditions for foreign investment, including tax incentives and a stable economy.

Future Developments

Airport Expansion

The expansion of Gregorio Luperón International Airport will increase capacity and improve connectivity.

New Resorts

Several new resorts are under development, expected to boost tourism and real estate demand.

Popular Neighborhoods

Cabarete Bay

Known for its beautiful beaches, luxury resorts, and vibrant nightlife.

Kite Beach

A residential area with a mix of modern and traditional homes, close to the beach and kite surfing schools.

Sea Horse Ranch

A prestigious neighborhood with upscale homes and gated communities

Perla Marina

Offers a blend of residential and commercial properties, known for its convenient location

Encuentro Beach

A serene area known for its world-class surfing and laid-back lifestyle.

cabarete-puertoplata
24

Local Businesses

Business Directory

Real Estate Agencies

Dominican Republic Sotheby’s International Realty, Cabarete Real Estate

Legal Services

Guzmán Ariza Attorneys at Law, Russin Vecchi & Heredia Bonetti

Property Management

Cabarete Property Management, Seahorse Property Management

Advertising Opportunities

Feature Your Business:

Contact us to learn how you can advertise your business on Domalty.com and reach a wider audience.

Practical Information

Transportation

Public Transport , Major Roads , Air Travel.

Cost of Living

Housing , Utilities , Groceries and Dining.

Local Services

Banks , Postal Services , Government Offices.

Puerto-Plata_2-1440x958

Discover

  • Miami
  • Los Angeles
  • Chicago
  • New York

Contact Us

Newsletter

Compare listings

Compare