Bavaro & Punta Cana May 21, 2022 | 9:05 am

Punta Cana is inundated with rogues and subtle vendors

The excessive number of intermediaries does not correspond to the offer.

Punta Cana-Bávaro is inundated with residential brokers. It is expected that this area of ​​the country has an extensive list of professionals dedicated to the sale of plots, villas, and apartments: it is the first tourist destination in the Dominican Republic. But what is unusual is that the number of intermediaries does not correspond to the offer: it is excessive.

Residential growth in the area mentioned above is high, almost vertiginous. According to CEPEM data (the most reliable because they are unquestionable), 600 electricity meters are registered between villas and apartments each month. The records of the electric company speak for themselves and demonstrate the enormous residential development in La Altagracia.

An implosion of sellers has accompanied the expansion of “real estate” promotions. In Punta Cana-Bávaro, there are all kinds, all kinds, and all colors: large multinationals, medium-sized companies, and countless people who operate in this world parallel to their primary work activity.

In other words, there are professionals from serious and recognized companies, from medium-sized companies that credibly compete with the big ones, and there are upstarts without the slightest experience who sell houses in their spare time. These, in quantity, are almost on a par with those employed in plumbing.

 

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Paul Tierney
May 21, 2022 11:49 am

This is a field lacking serious controls. Brokers should at a least should be registered and issued permits. There are too many scoundrels acting as brokers.

Buyers should be asking for credentials and references from brokers.

Jasmine
May 21, 2022 8:53 pm
Reply to  Paul Tierney

Totally agree. This is a countrywide problem.

Felix Arroyo
May 21, 2022 5:28 pm

The rapid demographic explosion in this location (that includes illegal immigrants) is overstressing the environment (garbage, contamination, energy requirements, traffic, water, commerce, deliveries, etc.) and it resembles what happened to STO DGO city north and east (unplanned and destructive). Expect antisocial acts to pick up soon (when you combine middle class with ultra-poverty).