Black Friday is the holy grail for deal-seeking shoppers during the holiday season.
But what about buyers searching for a luxury vacation home in the Caribbean — do the same deals exist for luxury real estate?
While attending open houses and making offers may not be high on the traditional holiday schedule, it could be worth your time to consider ramping up your home shopping efforts. Because the majority of revelers are focused on parties and celebrating, and wouldn’t consider moving or selling during the holidays, it can be the perfect opportunity to score a great deal on a home in the Dominican Republic. Black Friday as become a very active commercial date in the country the last 4 years and increasing.
So it’s a great time to buy
“Savvy sellers get aggressive with holiday deals to entice the few buyers actually looking at resort villas to pull the trigger on one,” says Cesar Herrera, the Luxury Real Estate Specialist with Provaltur International, exclusive affiliate of Christie’s International Real Estate in the Dominican Republic.
Herrera says that during the high season he sees number of transactions typically increase between 10% and 15%. Sellers know that these buyers are serious about actually buying.
Giving them an extra nudge to sign is what holiday season incentives or discounts are designed to do.
See below some Less than 1MM Deals in some of the best destination in the island!