The Dominican Republic’s capital city, Santo Domingo is also the most modern and dynamic metropolis in the Caribbean. La Capital—as it is affectionately called—epitomizes the pulse of Dominican culture, where the old and the new converge seamlessly from centuries old architecture and history, to large shopping malls, art galleries, an electric nightlife, and a booming gastronomy scene.
Exploring the Colonial City—the first European settlement of the Americas and a designated UNESCO World Heritage Site in 1990—is a recommended experience for all travelers. For a nature break, picnic on the lawns of the National Botanical Garden, the largest in the Caribbean, or stroll down the Malecón at sunset for sea views, roadside snacks, and people watching. Santo Domingo is also an important business center where a lot of conventions, conferences, trade shows and other business events take place.
Las Americas International Airport (SDQ) is the main port of entry, half an hour east of the city center, while the cruise ship port sits just 10 minutes from the Colonial City.
It is a luxury condo hotel located in front of the Palace of Fine Arts, an area known for its intense artistic and cultural life. Jardines de Bellas Artes is a series of luxury apartments in Santo Domingo designed based on sustainability and functional spaces. It is an innovative proposal in the entire area, as the residential offer integrates a boutique hotel located on the top three floors of the building.
This development aims to become one of the reference luxury properties in Santo Domingo, both for its potential revaluation and for the equipment of its residential spaces. The main goal is to offer a building that resembles a work of art but with a clear urban vocation. This development enriches the architectural heritage of its surroundings.
Another big advantage of investing in Santo Domingo with Jardines de Bellas Artes is a stable ROI of about 6-7% annually from the rental program. The CONFOTUR Law (158-01), or Tourism incentive law of the Dominican Republic also offers additional tax incentives for investors. As a buyer, you will be exempt from paying the 3% property tax transfer fee, which is paid when transferring the title of the property and the annual 1% Real Estate Property Tax (IPI) for a period of 15 years.
Jardines de Bellas Artes offers 180 units in total, from which only 37 studios and 23 one-bedroom units remain available. The studios have one bathroom, a kitchen, a living room, and a bedroom. The one-bedroom apartments have a spacious living room with an integrated kitchen, as well as a bathroom and a toilet. Besides, all the apartments have terraces and outdoor spaces.
The apartments in this development have been designed with the needs of the people who will reside in them in mind, which is why they integrate luxury services and equipment, making day-to-day life much more comfortable.
Contact us today to get more info about this ambitious project to invest in Santo Doming, the vibrant Dominican capital.
Delivery expected in June 2026
Updated on November 2, 2023 at 4:29 pm
Invest in Santo Domingo: Studio and 1BR Units
