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Pre-sale, also known as "off-plan," means you’re purchasing the property before it’s fully constructed, typically at a lower price. Your investment is secure as long as the developer has obtained all necessary legal permits, and the contract you sign outlines protections for your investment, such as timelines, penalties for delays, and guarantees on the construction. Always ensure the contract is reviewed by a legal advisor before committing

The project is expected to be completed within 12 months from the start of construction. However, delays can happen due to factors like weather or supply issues. Your contract should clearly state the terms in case of delays, including any penalties or compensation owed to you. Make sure the timeline and terms are well-defined in the agreement to protect your interests

The payment schedule is usually divided into phases. Typically, you will pay a 5-10% deposit to reserve your villa. The remaining balance is usually split into installments that align with key construction milestones—such as the foundation, structure completion, and final delivery. These details will be outlined in your contract, so make sure you understand the payment structure before committing.

Many developers offer options to customize finishes, such as flooring or countertops, though structural changes are usually not allowed once construction begins. Upon purchase, you should receive a signed contract, payment receipts, and eventually, the title deed when the project is completed. Ensure these documents are clearly explained to you and available in writing.

When purchasing a villa in pre-sale, you will typically need to pay the standard property transfer tax, which is 3% of the sale price. Be sure to confirm any other fees, such as legal fees or registration costs, with your developer or legal advisor. It’s also important to budget for closing costs, which may vary depending on the specific villa and location.

Yes, financing options may be available through the developer or local banks in the Dominican Republic. You can also explore international mortgage options if applicable. If you wish to sell the villa before completion, many contracts allow for the transfer of your rights, but check with the developer for any specific restrictions or fees related to selling the property before it’s completed.