7) Las Terrenas, Dominican Republic
If you’re looking for cheap beach property in the Caribbean, look no further than the Dominican Republic. An increasing number of ex-pats are discovering Las Terrenas, a small fishing village on the brink of expansion. Even though the ex-pat community here is growing by the minute, this town has still managed to hold onto its beauty and charm. If you want to rent, one-bedroom apartments start between $300-$500/month. If you want to build your own home from scratch, beachfront land is selling for $40 per square meter. Utilities will run you about $50/month. Not bad at all. Produce is cheap, beer is a couple bucks, and even a nice dinner out is roughly $30 for two. White-sand beaches and proximity to the U.S. round up the reasons why this is an ideal location to own a piece of land.
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