The Caribbean has proved fertile ground for such solitary havens. The Dominican Republic is an emerging tropical destination of choice for world travelers already familiar with the Caribbean’s high-end offerings. The new 12,000-hectare Cap Cana development near Punta Cana is the country’s crowning glory. Multiphased, it will take 12 to 15 years to complete, eventually encompassing the Caribbean’s largest marina, five championship golf courses, 10 five-star hotels and a selection of multimillion-dollar villas for sale. Those who don’t want to wait are welcome to stay in the secluded Caleton Villas, which opened in March. Accommodations range from a one-bedroom bungalow with a sea view to a four-bedroom oceanfront villa, and run from $800 to $4,300 a night. In keeping with its subtropical environment, Caleton incorporates natural materials such as mahogany, eucalyptus, coral and limestone. The property boasts 4.8 kilometers of unspoiled white-sand beach, a 16,000-square-meter beach club, a 24-hour concierge, a selection of fine dining restaurants, and its very own Blue Lagoon, set amid rainforest vegetation. Entry only by yacht, helicopter or through three sets of heavily secured gate.

Source: http://www.newsweek.com

Popularity: 89% [?]

HUNTINGTON BEACH, Calif., July 14 /PRNewswire-FirstCall/ — FIMA, Inc. (Pink Sheets: FIMA), an emerging diversified land development company, announced today that its subsidiary, Islandwide Development Corp. (IDC), has located and is in the process of vetting potential acquisitions in the Samana peninsula of the Dominican Republic. This part of the island has long been famous for sweeping expanses of sandy beaches, crystal clear waters with vibrant coral reefs, and coconut-covered mountains that plunge dramatically into the sea. Listed as one of the 25 best locations in the world by Conde Nast Traveler, the Samana peninsula was once its own island, separated from the mainland by a narrow channel until the late 19th century. As a result, its pristine natural beauty has remained largely immune from large developers, and its spectacular beaches, stunning waterfalls, and breathtaking scenery all retain their allure. With an impressive array of attractions and activities that include snorkeling, scuba diving, whale watching, or sunbathing on one of the many open beaches, the Samana peninsula seems destined to become a prime destination in the Caribbean.

According to a Company spokesperson, “Samana is being touted as one of the next great hotspots for luxury and resort real estate development in the Dominican Republic. Our own extensive research has indicated that this area is one of the world’s best-kept secrets in terms of a desirable destination for vacation or living in the Caribbean, with a tremendous combination of spectacular scenery, reliable and highly developed infrastructure, and the tremendous natural beauty that have drawn so many to this part of the world. We are very pleased that our subsidiary IDC has been able to utilize its network of contacts in the region and locate opportunities for FIMA that will ultimately result in enhanced value for our shareholders.”

Source: www.prnewswire.com

Popularity: 53% [?]

/24-7PressRelease/ - Nottingham, UK, July 10, 2008 - Dominican Republic property is attracting masses of media attention at the moment along with several other Caribbean islands and sun-drenched coastal locations around the world that offer similarly affordable properties. A recent David Stanley Redfern release announced that the Dominican Republic had retaken the top spot of having the most affordable Caribbean properties, and focussed on that point, without giving any real details of the bargain property.

The apartment-hotel complex offers studio apartments from 24,000 in Sosua, one of the Dominican Republic’s most popular areas with tourists. The complex, only a five minute walk from the beach is a long-standing, reputable and extremely popular resort, which readily enjoys occupancy rates of 80% and above.

Taking that with a pinch of salt as reader probably will, even with only 50% occupancy and at below the going rate for rentals on similar properties in the area, a rental yield of 12% is easily attainable for pure investors. Holiday home investors should still be able to take an 8% yield, obviously depending on how many weeks of the year they use it themselves, or offer it to friends etc.

The Dominican Republic is definitely a rising star, with low living costs it offers the opportunity of a cheap Caribbean holiday, and with major operators like Thomsons opening new Dominican Republic packages, serving their platinum range no less, global tourist are quickly cottoning on to Dominican charm and tourism is rising quickly.

Emerging markets where growth is fuelled by massively rising tourism numbers tend to be best for short-term investment, because people who fall in love with a place tend to buy resale properties in their favourite spots, with cost often coming as a second consideration. This is great news for the investors who get in early, as strong demand in the resale market makes it easier for them to collect the return on their investment. Not to mention tourism demand pushing up rental yields.

Of course business fuelled markets have the same benefits of affluence spreading through the communities, who then have money to spend on their own homes, but this process takes longer, and that is why these markets tend to be suggested for long-term investment.
Dominican Republic is showing all the right signs of being incredibly profitable for short-term investment, but is also suitable for long-term investors, who will collect healthy rental yields for as long as they choose before reselling.
Source: www.24-7pressrelease.com

Popularity: 32% [?]

The crystal clear waters, sandy beaches, tall mountains and lush valleys of the Dominican Republic make it the ideal place for your vacations. In fact, the Dominican Republic is one of the most popular touristy destinations in the world, and for good reason. We are talking about a paradise island, with wonderful tropical weather all year round, breath taking landscape and very friendly people. The Dominican Republic is indeed a wonderful holiday destination, especially when you want to escape the cold and rainy season in European countries. Imagine what it would be like to be able to get away from all the stress and routine of your daily life and relax in your own house on the beach in the Dominican Republic. Furthermore, with the growth that the tourism sector is experiencing in the area, an investment in Dominican Republic real estate (Dominikanische Republik Immobilien) would definitely be profitable.

In the past twenty years, there has been a noticeable increase in the number of investors interested in Dominican Republic real estate (Dominikanische Republik Immobilien), for either travel purposes or commercial ones. This island is the most popular tourist destination in the Caribbean, and therefore there is little wonder why real estate Dominican Republic - Immobilien Dominikanische Republik- is such an active segment.

Many people from European countries would say that the cost of living in this beautiful island is quite low, and therefore, having and maintaining a second home there should not be too expensive. A significant part of the Dominican Republic real estate market (Immobilien Dominikanische Republik) is purchased for residential purposes, be it as temporary vacation homes or as permanent residences. Another important part in the real estate sector in the Dominican Republic is represented by investment properties. Tourism is the biggest industry in the Dominican Republic, and consequently, investment in the real estate market with tourism trade purposes has proven to be quite profitable. Many foreigners have invested in real estate Dominican Republic (Immobilien Dominikanische Republik) in apartment projects, resort complexes, or villas and estates.

Real estate analysts predict that this trend of real estate properties in the Dominican Republic (Immobilien Dominikanische Republik) being purchased by foreigners will continue for at least one decade. The values of Dominican Republic real estate (Dominikanische Republik Immobilien) are rising, which means that if you are interested in this sort of investment, the present moment is a very good time to purchase such properties. More and more people from the United States and The European Union are choosing the Dominican Republic over other destinations as the ideal place to spend their holidays. And a significant percentage of these tourists have chosen to purchase a holiday home in the Dominican Republic, or have acknowledged the profit potential of tourism in this country and have successfully invested in real estate Dominican Republic (Immobilien Dominikanische Republik).

There are some very good web sites that specialize in Dominican Republic real estate (Dominikanische Republik Immobilien). These web sites provide lists of various properties on the island (including houses, hotels and land lots) in different locations and within a large price range. Be it holiday residence or investment property, there is something for everyone in the Dominican Republic real estate market.

Source: http://www.it191.cn

Popularity: 57% [?]