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Dominican Republic plans property survey |
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19 01 2012 |
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The Dominican Republic is to spend $27 million (£17.5 million) carrying out an aerial survey of several districts in order to create a record of the properties located in particular areas.
Dominican Today reported on the project, with director of the National Cadastre Agency Bolivar Marte announcing that Informatica El Corte Ingles won the contract to conduct the study.
Santo Domingo East, the National District, San Pedro de Macoris and La Romana are the areas set to be surveyed from the air, the publication revealed.
Data about the Dominican Republic real estate covered by the survey will be available on the Cadastre website, while the findings will also be used to establish the correct taxation for the homes and land in these areas.
One of the other aims is to enable users to "obtain an exact evaluation of their properties", the news provider stated.
The Dominican Republic was recently named as one of the top 19 countries in the world to retire to in the International Living 2012 Retirement Index.
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