Pre-construcción

Definition

Pre-construction sale. Common in DR resort developments — buyer purchases before the building is complete. Typically offers lower entry price but carries completion risk. CONFOTUR benefits are often tied to pre-construction purchases.

Related terms

Parcela

An officially registered parcel of land with a unique cadastral number. Buying a parcela means buying a titled, surveyed plot. Key term in land transactions.

Plano Catastral

The cadastral map showing official land boundaries as registered with the national land registry. Should match the physical deslinde.

Promesa de Venta

Same as Compromiso de Venta — a preliminary promise-to-sell agreement. Both terms are used interchangeably depending on the notary and region.

ADR (Average Daily Rate)

The average rental income earned per occupied night. In Las Terrenas, ADR for a 2-bedroom villa runs $140–$180/night in peak season. A key input in calculating a property's revenue potential.

Acto de Venta

The final deed of sale, signed before a notary, that transfers legal ownership from seller to buyer. The equivalent of a closing deed in the US system.

Apartamento Turístico

A tourism-classified apartment, often qualifying for CONFOTUR tax incentives. Classification affects both tax treatment and permitted rental use.

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