Dominican Republic Cost of Living 2023 Part 2

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  • Опубликовано: 21 авг 2024
  • Dominican Republic cost of living 2023 part 2
    Phil goes into details about what his cost of living is in a gated community.
    Part 1 video right here...
    • Dominican Republic Cos...
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Комментарии • 33

  • @rogermuller1452
    @rogermuller1452 Год назад +3

    Great overview about the cost of living here in the DR!

  • @jonathan-bramgordon658
    @jonathan-bramgordon658 Год назад +1

    Great job Phil!

  • @AlexVergo764
    @AlexVergo764 Год назад

    Outstanding info

  • @mrouzer75
    @mrouzer75 Год назад +3

    Looking forward to coming down this April to see what property you have available.

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад

      Great, looking forward to meeting you Matt...🙂

  • @carlosperez4252
    @carlosperez4252 Год назад +1

    Ur expenses are equal to that of living a middle class life in nyc sir , a bit exaggerated I would say, and that’s not to say that u purchased your home , if there’s a mortgage a lot more. When the average local make a half of that and lives comfortably.

  • @kenschadegg9932
    @kenschadegg9932 Год назад +2

    Thanks for the great cost of living summary. The only item which isn't in line with expectation is the gated community electricity cost. Yours seem a bit less.

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад +1

      Hi Ken, I made an average throughout the year, as stated higher in summer due to ac costs and lower in winter as you'd pretty much expect. I'm really careful with electricity consumption, energy efficient lights, monitoring pool pump, rarely use the pool light and don't use a dryer. Of course it could easily increase if I didn't do the above.

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад +2

      Also energy efficient ac units, cleaned and serviced each year to optimize functionality. Set at low setting 16 to cool the room for maybe an hour, then raise to 23 or 24 helps reduce costs considerably.

  • @coolsheatingacservices7375
    @coolsheatingacservices7375 Год назад +2

    Would u be interested in renting a room for a month or two?

  • @iriding64
    @iriding64 Год назад

    great video give an insight into true fixed overhead

  • @scottslade9884
    @scottslade9884 Год назад +4

    Hi Phil. Great insight as we’re currently building ourselves and will be moving down later this year. For your electricity how many AC’s and bedrooms would yours be accounting for? Thank you.

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад

      Hi Scott, thanks for the kind words. Basically running one ac in the bedroom and during the summer months an ac in the living room. New ac units run quite efficiently, it's the older units that push the costs up. I also neglected to add that in gated communities electricity costs are generally a little higher to cover the community generator operating costs but of course the advantage is having electricity 24/7.

    • @scottslade9884
      @scottslade9884 Год назад +1

      @@DRPropertyGuys thanks Phil. Appreciate the reply.

    • @RANDOMPOLAND85
      @RANDOMPOLAND85 Год назад +1

      In average home 2 bedroom
      Few light freezer
      TV and (abanico ) ventilators
      All almost 24/7 on
      We pay 1200 -1400 peso
      Monthly bill
      San Pedro de Macoris
      (South coast )

  • @ronnie2harry629
    @ronnie2harry629 Год назад +3

    How much is your rent or mortgage?

  • @brianjohnson8248
    @brianjohnson8248 Год назад +2

    You missed the most important one, how much is the bar bill a month?

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад +2

      Quite low, I'm like a monk these days Baz...

  • @petermoran9147
    @petermoran9147 11 месяцев назад

    Interested in a Farm (relatively large acreage) in DR. Ideally on a river that leads out to the ocean or on the ocean. Need fertile soil. Got anything in mind? Yes, we want to be in North DR coast, where you guys are located

    • @DRPropertyGuys
      @DRPropertyGuys  11 месяцев назад

      Send us an email via our website please and we can discuss

  • @sheflashedus
    @sheflashedus Год назад +2

    so basically move to thailand

    • @mrbutch308
      @mrbutch308 11 месяцев назад

      Further away, but safer and better food.

  • @kennethsutton2490
    @kennethsutton2490 11 месяцев назад

    I was wondering if you own a home, what does home owners insurance cost.

    • @DRPropertyGuys
      @DRPropertyGuys  11 месяцев назад

      It depends of course on the value of the property. I currently pay around U$1,500 pa which provides U$180,000 property coverage and 30k contents, includes hurricane / earthquake coverage.

    • @kennethsutton2490
      @kennethsutton2490 11 месяцев назад

      @@DRPropertyGuys
      Do you have a company that you could recommend. Thank you.

    • @DRPropertyGuys
      @DRPropertyGuys  11 месяцев назад +1

      @@kennethsutton2490 Seguros Universal - Angie Wolff 809 481 5555. They have an office in Sosua on Pedro Clisante next to Matteo's Seaside Pub.

  • @mikelopes9230
    @mikelopes9230 Год назад +1

    Just wondering above mortgage payment generally

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад

      That will all depend on the amount of money you borrow, and how long the bank gives you to pay it back. Thanks for watching.

  • @wasuminda2662
    @wasuminda2662 Год назад

    hi mr my nice meeting you !!!
    My name is wasu minda i live in Ethiopia and graduated from university by automotive engineering msc and 9 years working experience by mechanic and mechanic forman position so Please mr i need came to Dominican Please can you open hotel booking Please ?

  • @Joe-jc1lh
    @Joe-jc1lh Год назад +1

    Thanks for sharing and great video as always!! Out of curiosity what gated community are you in? Not that I'm trying to find you but I'm aware of a few.

    • @DRPropertyGuys
      @DRPropertyGuys  Год назад +1

      I'm in Terramar Joe, I've lived happily in this community for 22 years, before that I lived in several different places throughout the DR, anything you need don't hesitate to get in touch.