For those on the lookout for unbeatable real estate investments, Dominican Republic real estate is a dream come true. From beachfront Cabrera vacation villas to plush Playa Grande real estate and vacation rentals, Dominican Republic real estate offers a range of options to clients who are looking to live in a Caribbean paradise.

Dominican Republic real estate is a reflection of the country’s unique culture. Varied in location, size and style, there are properties in the Dominican Republic to suit every buyer’s need. The country’s extensive shorelines make waterfront homes widely available. Most properties for sale in the Dominican Republic are located on the northern, eastern and southeastern coasts, many within quiet resort and golf communities where owners have access to full amenities. The country is also easy to reach, with several major airports connected to North American hubs.

Right now Dominican Republic real estate is very affordable. The housing market is only now beginning to see a rise in prices and those increases have been very moderate. As the expected rise in tourism begins, the Dominican Republic property market will definitely see the prices go up. With investors beginning to uncover the latent potential of this tropical island the Dominican Republic real estate market is sure to benefit. Before long this beautiful but by-passed island will have major resort developments, luxury villas and commercial projects dotting its shoreline and inexpensive holiday home purchases will be a thing of the past.

The Dominican Republic is a small and beautiful Caribbean island made popular with the continuous influx of tourists, high quality, and affordable resorts dotting the many palm-tree lined golden beaches. As compared to many other Caribbean destinations today, The Dominican Republic real estate market still offers best-priced properties at excellent water front locations. Though the island is yet to gain a growing economy status, it remains a much desirable holiday destination just like the other islands of the Caribbean. Tourism is the main stay of The Dominican Republic while the number of tourists is growing at an unprecedented rate.

It is extremely informative for anyone interested in getting a general sense of the the Dominican culture and the country. His website, newsletters and book have been very informative and remember that there is plenty of money to be made in the Republic and you can have a super life while at it.

You will see that the Dominican Republic offers you an incredible variety of villas, apartments and fincas that will meet all tastes and budgets. Step inside this distinct Caribbean territory where you’ll finally feel at ease, and decide upon one of the Dominican real estate listings.

With its variety of real estate, the Dominican Republic is a unique place that combines two extremes: the height and depth, the mountain, and the sea, the simplicity and the luxury. Yet, the true charm and beauty of the Dominican Republiclies in the very center of the country dominated by the Cordillera Central which ends in the Caribbean Sea.

Dominican Republic Punta Cana Bavaro is one of the last remaining real estate investment tax havens left in the Caribbean with a low cost of living. Popular for its all-inclusive resort vacation packages, Punta Cana, the Dominican is one of the fastest growing foreign investment locations in the world. It is called Bavaro Beach by many and any real estate purchased in this part of the Dominican Republic will only increase in value.

Source: www.articles.top501.nu

Popularity: 15% [?]

A recent swarm of foreign investors to the Dominican Republic has put it truly on the map for luxury property investment. The high-end segment of its real estate market is seeing numerous new and promising developments.

The Dominican Republic suffers from a disadvantage: it adjoins Haiti. Nor is it the usual Caribbean fantasy ‘unspoiled virgin island paradise’. It has over 9 million people spread over a mountainous 48,072 sq km, an average per capita GDP of only US$3,074, and social problems which include a vast gap between rich and poor, and the highest possibility in the world of death from handguns.

Yet it does have great attractions. “There are miles and miles of beaches and nobody comes. It is still very open,” says Monique Frings.

The super-luxury developers may change all that. Thousands of acres of waterfront property have been acquired for three residential developments along the country’s northwest coast, near the border with Haiti, by a French developer, Pierre Schnebelen.

His project, Costa Bayana, will have more than 13,000 properties, including clusters of condominiums, seven-bedroom estates, plus 900 marina slips, 260 super-yacht hangars, six golf courses, nine hotels, 28 boutique inns and three cruise ship piers, all linked by high-speed hydrofoils.

Cap Cana, on the southeast coast is an enormous project focusing on high-end hotels, golf courses, and residences, sitting on more than 30,000 acres of land. The plan is to have about five high-end hotels, five golf courses, and thousands of luxury residences. It is said to be the largest private community in the Dominican Republic. Located beside the international airport, Cap Cana has everything going for it, including Trump at Cap Cana is a partnership project with The Trump Organization.

There are no restrictions on foreigners buying property.

Source: www.globalpropertyguide.com

Popularity: 31% [?]

By John Donohoe

Work in progress on the site of the Royal Palm development in the Dominican Republic district of Samana.

With all the talk of gloom and doom in Ireland at the moment, as well as another miserable summer, many people would simply love to be away from it all and enjoying somewhere like the Caribbean.

Egan Properties is an Irish company which is now offering a chance to live there all the year-round, in the Dominican Republic, where they are marketing two major developments.

Head of Egan Developments’ Dominican Republic offices is Gillian Fitzgerald from Kilmessan. Egan Properties was formed with the purpose of promoting and selling real estate in the Dominican Republic. The team is formed of Irish negotiators based in the Dominican Republic, and Dominican and Irish negotiators based in Ireland.

Annie Egan, managing partner of the company is a Dominican citizen, married to an Irishman, and has extensive experience in the Dominican Real Estate area. Her role in the company is to assist potential investors in getting the best possible results out of their investment in the Dominican Republic, and she works mainly on return on investment products, commercial, site development and off-plan purchases.

Gillian Fitzgerald has a Bachelors in Auctioneering, Valuations and Estate Agency from the Dublin Institute of Technology, and also has relevant property experience working for companies such as Sherry Fitzgerald, Trim, and Gunne Residential in Drogheda. Her job is to ensure existing clients properties are being duly managed and also works in ensuring clients have the best possible options when purchasing.

The two developments currently available are Royal Palm, a project involving a Meath investor, and Charlotte’s Cove, backed by TV3 presenter Alan Cantwell and his company, Cantwell Construction, both in Samana, the so-called ‘Monte Carlo of the Caribbean’.

Samana is mainly formed of ex-pats, French, Italian and Americans, who have made this community their home. With an array of fantastic international cuisine to rival the world’s greatest, there is a great multicultural mix and an even more fantastic atmosphere. The investment climate in the Samana region is rising by the minute as can be seen in all the big developments being carried out in almost every corner of the area.

Just 10 minutes from the town of Samana, lies Royal Palm, which is being developed by Irish builders in conjunction with Egan Properties. The first phase of the project comprises of nine top-of-the-range luxury villas, all with spectacular views, and a private beach for the owners. There are nine lots of different sizes available to investors with two villa models to choose from, the Jacaranda style and the Alamanda model, all constructed in such a way as to maximise the indoor/outdoor Caribbean lifestyle.

All houses have been constructed to maximise views and natural daylight. Accommodation comprises three double bedrooms with en-suite bathrooms, a large spacious guest bathroom, American-style kitchen, spacious living room, utility room, private pool with adjacent Jacuzzi and large Corilina tiled terrace. There is a spacious private garden, and beach front with fantastic views over the bay of Samana, as well as 24-hour security.

All properties are built to Florida building codes in relation to hurricanes.

The Charlotte’s Cove Tourist and Residential Project is the result of the vision of Alan Cantwell, the TV3 news presenter who visited the Samana Peninsula and fell in love with the surroundings and the beauty of the land. From this, Charlotte’s Cove was conceived, located in the beautiful Las Galeras in the Samana Peninsula, on the north coast of the Dominican Republic.

This development will feature 69 properties with spectacular views of the ocean. Strategically placed just centre of an ocean front bay, the apartments will feature two- and three-bedroom apartments, with living room, dining room, kitchen, terrace overlooking the ocean and an array of amenities such as swimming pools and Jacuzzis.

The properties will be managed by a well-established property management company who not only will look after the properties but will also operate the development as a small boutique hotel for those wishing to participate in the rental pool and maximise their returns, with an average occupation of 86 per cent per year and rising. Only seven units are available to the first founder members of Charlotte’s Cove.

Source: www.meathchronicle.ie

Popularity: 24% [?]

New Dominican Republic property developments sparked by increasing tourism with an 8% increase in visitor arrivals in 2008, predicted to reach 5 million by 2012

International property developers are taking advantage of the Dominican Republic tourism growth and the Governments plans for continued increased tourism by building top quality resorts for investors and holiday makers alike including the just launched Swaying Palms set to become one of Punta Cana’s premier residential resorts.

(PRWEB) July 18, 2008 — International property developers are taking advantage of the Dominican Republic tourism growth and the Governments plans for continued increased tourism by building top quality resorts for investors and holiday makers alike including the just launched Swaying Palms set to become one of Punta Cana’s premier residential resorts.

The Dominican Republic is quite possibly the perfect embodiment of a Caribbean paradise nation - with its palm-fringed, white sandy beaches which are lapped by warm azure seas and caressed by almost endless summer days, this holiday hotspot is booming on the back of intelligent government policy designed to maintain macroeconomic balance and enable and encourage investment.

The government and private sector are united in nurturing the tourism and real estate industries in the Dominican Republic as these are fundamental drivers of the overall economy, which is why the destination is becoming a more and more enticing place for a holiday or even a holiday home investment.

With consistent effort and policy planning in place to promote the delights and undeniable appeal of the nation, combined with significant investment into everything from road infrastructure to the enhancement of amenities and facilities for lifestyle tourism, the overall attraction of the Dominican Republic is improving annually.

This level of sustained and focused investment has already led to a significant rise in tourism numbers and it is also supporting far greater investment interest in the Dominican Republic’s affordable yet high-end property market. According to the nation’s Tourism Minister there has been an 8% increase in tourism arrivals in 2008 already, this is backed up by statistics from the Central Bank released earlier this year suggesting that in the first four months of 2008 alone, 1.6 million visitors arrived to soak up the Dom Rep’s stunning sunshine, an increase of almost 6% year on year from 2007.

To further enhance the appeal of the nation, its accessibility and economic success, Tourism Minister Felix Jimenez has just announced the details of the Dominican Republic’s 2008 - 2012 Tourism Plan. The plan is an outline for investment and it is designed to enable an increase in international arrivals of around 170,000 visitors per year, generating 200 million dollars in annual revenue and reaching 5 million annual arrivals by 2012. Supporting this plan is significant dual investment into increasing hotel bed capacity and also increasing the amount of residential resort style real estate in the Dominican Republic. The World Travel and Tourism Council predicts that this period of intensive advancement in tourism will result in at least a 3.7% annual increase in real GDP growth for the nation’s travel and tourism economy over the next decade.

According to Steve Worboys, MD of Experience International, the overseas property investment experts:

“For those seeking the ultimate property investment opportunity now could be the perfect time to invest into the undeniable potential that Dominican Republic property represents. Not only is the nation affordable and committed to maintaining its accessible status as one of the most reasonably priced Caribbean destinations, but millions of dollars of investment are going into everything from golf courses to marinas, from boutique style shopping malls to spas and sports facilities. Already ‘the Caribbean’s Number One Destination’ according to the World Tourism Organization, the Dominican Republic could soon be the number one destination for luxurious yet affordable resort style real estate offering exceptional rental yields in the region too.”

The increase in demand for property in Dominican Republic resorts for rent from the growing tourism base is allowing developers of the best resorts in the nation to offer fantastic rental guarantees to would-be purchasers, and to even offer these rental guarantees on top of allowing owners access to their properties for their own Caribbean paradise vacation.

One such development, Swaying Palms, offers investors 7% annual rental guarantees, and currently the gated and private luxurious community of apartments and penthouses is for sale at 30% below market value with 20% capital growth per annum predicted and overall the ‘Projected Capital Growth’ for the next 5 years is 220%.

The properties are within a resort offering the best range of high-grade amenity - from tennis clubs to beach clubs and with owners benefiting from membership facilities to 5 of the areas top golf courses including the new Jack Nicklaus course at Cap Cana for example. Properties are available for sale with 50% mortgages from just $140,000.

Source: PRWeb

Popularity: 22% [?]