Construction Financing with Banco BDI
A financing pathway for eligible Flat House buyers, international clients included.
At a glance
8-10% p.a.
Indicative rate
Subject to Banco BDI's assessment
USD
Currency
Construction financing
70% / 50%
Two structures
Depending on the financing basis
Every figure on this page is indicative and Banco BDI decides on each application after its own assessment.
The partnership
Why Banco BDI
Samana Group is working with Banco BDI, a Dominican bank with significant experience in real-estate financing and an established presence in the Samaná market. The bank has worked with projects including Puerto Bahía Hotel & Residences and Hacienda Samaná Bay, giving its team practical familiarity with the region and its real-estate market.
The objective of this collaboration is to give qualified buyers an additional route to finance the construction of a Flat House. It sits alongside Samana Group's own financing alternatives rather than replacing them.
Financing is not automatic
Every application is assessed individually by Banco BDI based on the client's financial capacity, the property valuation and the supporting documentation. Only the bank can confirm the rate, the amount and the approval.
Structures
Two financing structures
The appropriate structure depends on the property, the construction stage, the valuation and the client's profile. The figures below summarize the current indicative framework and remain subject to the bank's assessment.
Option 1
Up to 70% of direct construction cost
- Client starts with
- The first 30% of the construction cost
- Bank financing
- Up to 70% of the direct construction cost
- Land value
- Not included in this calculation
- Disbursement
- Released in stages against certified construction progress
Option 2
Up to 50% based on project valuation
- Valuation basis
- The land value is taken into account
- Bank financing
- Up to 50%, subject to the approved valuation
- Potential starting point
- Bank disbursement may begin once construction reaches approximately 20%
- Disbursement
- Subsequent payments follow certified progress and the bank-approved valuation
Disbursement
How staged disbursement works
Rather than releasing the full loan amount upfront, the bank disburses approved funds progressively as construction advances. Each release is linked to certified progress and to the conditions established by Banco BDI. This aligns the financing with the actual development of the home.
Application & assessment
Approval & valuation
Construction progress
Staged bank disbursements
Initial documentation
The following documents form part of the preliminary application package. Banco BDI may request additional information depending on the applicant and the transaction.
Provided by Samana Group
- Property appraisal issued within the last 12 months
- Updated IPI property-tax certification
- Updated clean legal-status certification for the property
- Purchase agreement
Provided by the client
- Bank statements for the last 6 months
- Employment or income confirmation
- Tax returns for the last 12 months
- Evidence of additional assets, investments or property ownership
- Signed Banco BDI KYC/compliance documentation
What happens next
- 1
Tell the Samana Group team that you would like to explore Banco BDI financing.
- 2
We help you understand which financing structure may be relevant and prepare the property-side documentation.
- 3
You prepare your personal financial documentation and complete the bank's compliance requirements.
- 4
Banco BDI evaluates the application, the valuation and the credit profile, and communicates its final terms and approval decision.
Interested in financing your Flat House?
Other paths
Samana Group's own financing
Bank financing is an additional route, not a replacement. With developer financing you pay as construction progresses, on a schedule agreed directly with Samana Group.
Developer financingImportant notice
All financing terms, interest rates, valuations, percentages and disbursement schedules on this page are indicative only and remain subject to Banco BDI's credit assessment, documentation requirements, property valuation and final approval. Availability and conditions may change.
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