Dominican Republic Real Estate
Strategic Capital for Caribbean Real Estate Development
Delva Capital structures U.S.-regulated investment vehicles for accredited investors seeking institutional-quality exposure to high-potential real estate development in the Dominican Republic.
12–18%
Target IRR*
3–5yr
Hold Period
$50K
Min. Investment
* Target returns are projections only. Not a guarantee. Past performance does not predict future results.
The Market Opportunity
$9B+
DR Tourism Revenue
2023 Central Bank of the DR
10M+
Annual Visitors
Dominican Republic Ministry of Tourism
6.5%
GDP Growth Rate
World Bank, 2023
#1
Caribbean Destination
Tourist arrivals, Caribbean Tourism Org.
Why Delva Capital
Institutional rigor. Local expertise. Aligned incentives.
We built the structures that U.S. investors need and the relationships that generate real deal flow in the Dominican Republic.
U.S. Legal Structure
Every investment is structured through a U.S.-registered LLC or LP, providing investors familiar legal protections, transparent reporting, and domestic recourse.
Project-Level SPVs
Capital is deployed through dedicated Special Purpose Vehicles — one per project — ensuring clean separation of assets, liabilities, and returns.
Local Market Access
Deep relationships with Dominican Republic developers, municipalities, and legal counsel give us deal flow and diligence capabilities that outside investors cannot replicate independently.
Aligned Interests
Management co-invests in every deal. Our economics are tied to your returns, not to fees on assets under management.
How We Invest
A disciplined process from sourcing to exit
We apply institutional investment discipline at every stage — because capital allocation decisions made well at the beginning determine outcomes at the end.
Deal Sourcing & Diligence
Our in-country team surfaces opportunities through developer relationships, municipal contacts, and direct land acquisition channels. Every deal undergoes financial modeling, legal review, and market comps before it reaches investors.
U.S. SPV Formation
A dedicated Special Purpose Vehicle is structured under U.S. law for each project. Investors subscribe as limited partners or members, receiving a clear operating agreement, capital account structure, and quarterly reporting obligations.
Capital Deployment & Development
Investor capital is deployed into the DR project alongside management co-investment. All disbursements are governed by the SPV operating agreement and audited by an independent U.S. accounting firm.
Exit & Distributions
At project completion — typically 3 to 5 years — proceeds from sale or refinance are distributed to investors per the waterfall structure, after return of capital and preferred returns. Distributions are reported on U.S. K-1 schedules.
Focus Markets
Where we invest in the Dominican Republic
We concentrate capital in markets with proven demand, improving infrastructure, and defensible land positions.
North Coast — Cabarete / Sosúa / Puerto Plata
Delva Capital's home base and primary deal-sourcing corridor. Established expat and international buyer community, strong short-term rental demand, and land basis still well below comparable southern markets.
Río San Juan / Cabrera
Pristine coastline with among the lowest land basis in the DR. A new international airport projected within 3–5 years is the infrastructure catalyst — early-cycle positioning ahead of that event is the thesis.
Las Terrenas / Samaná
An established European and expat vacation market on the Samaná Peninsula. Low land basis, strong short-term rental yields, and increasing air connectivity make this a compelling early-cycle opportunity.
Begin Your Investment Journey
Ready to explore the Dominican Republic opportunity?
We work with a select number of investors per project. If you meet the accredited investor standard and are conducting serious diligence, we'd welcome a conversation.
For accredited investors only as defined under SEC Rule 501(a). This is not an offer to sell securities. Any offer will be made only by means of an offering memorandum to qualified investors.