Punta Cana Condo
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Sadly the government here is weak when it comes to ensuring your contracts are honored.
Many will tell you I am being negative but these are only true facts based upon experience.聽 On the positive side, eyes opened wide, you can find happiness in PC just like anywhere else.
Feel free to PM me if you want more information in the PC area.
E911. Please visit Punta Cana to see what you like, rent and then buy. It is the best way to know what you are getting into!
Association bylaws are not going to be online.聽 And if they were they would likely be in Spanish thus good searches won't work.聽
And the best advice already given, put aside all your assumptions from home honey.
Do lots of on the ground research.聽 Do your due dilligence. Get a good lawyer!
We hope to gather as much info and advice during the next several months before we leave the north coast, so thank you everyone.聽 I was under the impression that condo owner associations operate in a similar fashion as in the USA (where there are written rules, regulations and restrictions, and that owners are required to sign these agreements when they purchase) and was hoping people could share that info with me or point me to where it could be found.
Firstly, every Condominium project has by default a condo Association made up of all owners and the Administration.聽 The Administration is most likely created by the builder and in some cases may include property owners but in most cases they do not.聽 Once a builder is finished the project, the idea is that they will have created a Board of Directors made up of property owners and then will step aside to allow the property owners to continue managing the complex.聽 At least in a perfect world.聽 Our experience has been that the builder prefers to hold onto the Administration and creates a number of offshoot companies, like property management, real estate and even an Administration company.聽 They do this because of the money and do not want to tell you that most of your maintenance fees are going in their pockets and not for maintenance.聽 Once owners start to figure this out then there is a battle to eliminate the builder from the project.聽 This is where Owner's Associations are developed (with great difficulty and determination) and fight against the builder to extract them from the project and take control.聽 Again, this is the DR.聽 What ever you know about Associations from America or elsewhere does not apply here.聽 Often Owner Associations are developed (hopefully there are some people with lots of time and personal finances to do this) and start charging fees in order to fund the legal work to extract the builder.聽 In many cases a large portion of the owners have no idea what is even going on and think it's just another takeover or charge that they have to pay when they are already over paying for maintenance fees.聽 This happens throughout the Bavaro Punta Cana area and there is always a competition with lawyers and real estate agents telling where the best places are to buy.聽 Guess what, they always point you to the most expensive areas telling you they are the safest, the best security etc.聽 In fact most robberies and even violence happen by the security people and even the rich places like Punta Cana village have had 2 murders gangland style on the street in just the last little while including one murder yesterday.聽 聽Don't believe everything your lawyer or real estate agent tell you just because they are dressed nicely or talk suave.聽 We purchased in an area that everyone told us was the worst place to buy, very dangerous including our lawyer.聽 Turns out, 3 1/2 years later, we are pretty happy about our choice to go with our gut and not what everyone was telling us.聽 聽It's the DR, and just like everywhere else in the world there is violence and crime everywhere.聽 Don't be complacent because someone tells you are in the safest place in the DR.聽 That means very little in the big picture.聽
Open your eyes, do your research and ask lots of questions, get references, look at previous projects and talk to the owners.聽 I will be really happy if this advise helps even just one person get what they are looking for and expect and yes, it is possible.
I say this: every single day I learn something new!聽 Thanks honey.
Then if you just watch the news today, hurricane Elsa destroyed thousands of properties, maybe not in PC but in Santo Domingo so you never know where the next hurricane is going to hit. A guy that I| knew lost his store, taken by a big wave. Everything gone in a heart bit.
Definitely not worth buying anything in the DR.
Julia
I will never return to that island full of criminals, no matter how blue the ocean is and how beautiful is the sand !
Julia
Julia
There are crooks everywhere and you always have to watch your back, USA, Canada, EU... Doesn't matter.
In Puerto Plata, I have never had a problem. I walk from Torre Alta to the beach and even to town.聽 Maybe you should look at Torre Alta?
Only place I ever had an issue In DR was in Santiago in聽 La Rontonda de Liberdad (research it).聽 And yes, I walked down a dark alley looking for trouble when I found it.
I am white, fat, and 50ish.聽 So I am not intimidating in any fashion.
I gave lived in this country almost 18 years and not had an issue.聽 Do I claim everyone here is good? No. I am a realist.聽 I have learned how to live here comfortably and not in fear.
I feel sorry for you. There is no where you can go on vacation and not be in fear. Literally no where.聽 Crime happens everywhere.聽
FYI the storm did not destroy thousands of homes here.聽 And yes, it can happen and likely will at some point in the future. It's the Caribbean!!!
Good luck to you.
Julia
Julia
Denise
Done...
Julia
Adios DR !
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