RISMedia's Real Estate Magazine

MAY 2019

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/1109029

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Page 38 of 118

34 May 2019 RISMedia's REAL ESTATE Sabine A. Mertes, owner of Se- lect Caribbean Properties, takes great pride in delivering out- standing service to each and every client while offering guid- ance to those who wish to pursue the luxury Caribbean lifestyle, invest in real estate or rent a vacation villa. With one office serving the North Coast of the Dominican Republic, as well as Jarabacoa and Punta Cana, Select Caribbean Prop- erties has been at the forefront of the area's real estate game for 22 years. Here, Mertes discusses the current state of the market—and why the area is attracting buyers from around the world. Please describe your current housing market. Sabine A. Mertes: In looking at the specific markets on the North Coast of the Dominican Republic that we serve, we're currently in the midst of a buyer's market. While prices in the area are stagnant, our average home price ranges anywhere from $250,000 to $500,000. Tell us about the types of properties in your market and which are most popular. SM: We primarily focus on condos, family homes, luxu- ry villas, farms and commercial properties. In addition, clients show great interest in beachfront condos and affordable homes with private pools that are located in gated communities. As far as what's most popular among our clients, condos and family homes top the list. Chasing Paradise in the Dominican Republic by Paige Tepping {Global Spotlight} Select Caribbean Properties focuses on everything from condos to luxury villas.

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