It’s the most visited island in the Caribbean, and now property investors have the chance to benefit from the Dominican Republic’s popularity with a new project on the east of the island, located in the Punta Cana region, currently the most popular and well-served tourist area in the country.

The development, which is called Swaying Palms, offers spacious two bedroom apartments from as little as 140,000 US dollars, and 210m² penthouses priced at 197,000 US dollars. Combined with an excellent location, the units at Swaying Palms offer the best property investment package available anywhere in the Caribbean, according to Mark Wilson from the International Property Investment Network (IPIN) – the investment arm of Propertyshowrooms.com.

“The location is second to none,” says Mark. “Just two minutes from a new modern highway, three kilometres to the beach, and 15 minutes drive to an international airport with easy connections to the United States and Europe. There are even ongoing discussions for direct flights to and from the United Arab Emirates and China. It’s no surprise then that this area is set to become the island’s prime residential location. In terms of investment, it doesn’t get much better than this.”

For sports enthusiasts there are nearby golf courses and a tennis club. Additionally, owners receive free membership to selected sports and leisure clubs. Other facilities include community swimming pools, 24-hour security, WiFi access, designated off-street parking, and an on-site rental management service.

Mark Wilson again: “This development offers sound rental potential within one of the largest Caribbean holiday destinations, with an estimated 7% rental yield per annum. The twelve month holiday season in the Dominican Republic allows for the highest possible returns in this respect, making it particularly attractive for investors.”

The Dominican Republic is a stable representative democracy, modelled on a US-style presidential system. That stability has led to considerable economic growth, combined with low taxation, low prices, and increased tourism. With that kind of backdrop in place, property investment in the Dominican Republic represents an excellent opportunity to make the most of an unrivalled list of favourable economic indicators.

And Swaying Palms, in conjunction with IPIN, is setting a benchmark in the region which will be hard to beat - truly ‘the cream of the Caribbean.’

Source: www.easier.com

Popularity: 19% [?]

This is the one we have been waiting for! At last a luxury golf course development on the north coast from a very known and respected developer. I have seen the project and it’s going to be a winner! La Colonia is set amongst the rolling hills of Puerto Plata, with a back drop of the Isabel de Torres mountain combined with stunning ocean views. 4 million sq.M of pure luxury!

Pricing starts at US$345K including completed Villa, Pool and Landscaping!

Note: The first properties with the best fairway and sea views are being offered off-plan at a 25% discount. Details at the link below.

http://dr1.com/realestate/developments/colonia/index.html

Popularity: 85% [?]

For the last few years, Cap Cana has been billed as the Caribbean’s “Next Great Destination.” With each week, it is becoming clear that perhaps it is time to drop the word “Next.”

Cap Cana, which in less than two years has opened a world-ranked golf course, has set global property sales records, and this week is hosting a new addition to the Champions Tour, announced today that it has been selected by Jack Nicklaus as one of up to 25 destinations worldwide to share the unique distinction of being a Jack Nicklaus Golf Club.

The announcement during the opening round of the Cap Cana Championship was made by Jack Nicklaus and Dr. Ricardo Hazoury, President of Cap Cana’s board and Vice President of the Abrisa Group, one of the chief economic groups in the Dominican Republic.

Cap Cana becomes the 10th property to join the Jack Nicklaus Golf Club, which was created as an exclusive access and reciprocity program for a limited number of elite Jack Nicklaus Signature Golf Courses located in ideal markets around the world.

Never before has a club been branded with the Jack Nicklaus name, and as part of this unique license, the Jack Nicklaus Golf Club of Cap Cana will be able to offer up to 35 Associate Club Members reciprocity at other Jack Nicklaus Golf Clubs, as well as access to a Nicklaus Home established on each property for use by Jack Nicklaus, his family and other JNGC Members worldwide.

In addition to the reciprocity privileges and the use of the Nicklaus Home at each club, there are no membership fees or annual dues, no green fees and benefits include access to club amenities and tee times at all Jack Nicklaus Golf Club locations.

The Jack Nicklaus Golf Club of Cap Cana will be tied to Las Iguanas, the second of three Nicklaus Signature Golf Courses that will eventually play across the property’s 30,000 acres situated along more than five miles of coastline on the eastern tip of the Dominican Republic.

But with the availability of the Punta Espada course, one of Golf Digest’s 100 Greatest Courses Outside the United States and site of this week’s Cap Cana Championship, Jack Nicklaus Golf Club members will have immediate playing privileges. JNGC members will have complimentary access to a luxury villa at Cap Cana that will be completed in two months, and then a Nicklaus Home once Las Iguanas is completed.

In addition, Jack Nicklaus Golf Club of Cap Cana members will have access to Jack’s Florida and Ohio home courses, The Bear’s Club in Jupiter, Fla., and Muirfield Village Golf Club in Dublin, Ohio.

“We are delighted to have Cap Cana join the family of Jack Nicklaus Golf Clubs,” said Jack Nicklaus, who visited Cap Cana for the opening round of the Cap Cana Championship and for a site visit to work on his course design for Las Iquanas.

“The addition of Cap Cana gives us an existing facility with a tremendous worldwide reputation as we expand the Jack Nicklaus Golf Club. To have immediate access to courses like Punta Espada, The Bear’s Club, Muirfield Village, and Kinloch in New Zealand, gives us a wonderful start and foundation for our initial Club members. Cap Cana is a terrific destination, and I think our other Jack Nicklaus Golf Club members will find that out soon.”

Locations for future Jack Nicklaus Golf Clubs will encompass some of the world’s most sought-after markets and destinations. Current JNGC sites include Tuscany; Scotland; New Zealand; Royal Island (Bahamas); St. Lucia and Anguilla in the Eastern Caribbean; the Patagonia region of Argentina; Vancouver Island in Canada; and Mount Holly, a private ski destination in Utah.

Cap Cana (www.capcana.com) is considered one of the most important tourism and real-estate projects in the Caribbean, with a master plan investment projected at $1.5 billion. The phase of the project will be developed over the next 12 to 15 years, and will comprise 8,680 of the 30,000 available acres and 3.5 miles of beachfront. The initial phase will have three 5-star hotels and five golf courses, three of them being Jack Nicklaus Signature Courses.

Anchoring one end of the property is arguably the Caribbean’s largest, most complete and state-of-the-art marinas, and it is surrounded by shopping, residential, as well as fine and casual dining. Cap Cana’s initial phase will include a total of 5,000 residential units and 500 hotel rooms.

Popularity: 73% [?]

Representatives from one of the largest real state tourism developments in the Caribbean, Roco Ki, presented the project’s future plans to potential investors who attended an international infrastructure forum in Miami today.

“We were extremely well received by a select group of investors who have expressed interest in participating in our project,” said Nicholas Tawil Fernandez, President and CEO of Roco Ki. Tawil presented the project to representatives of banks, construction firms, financial companies and other attendees of the 6th annual Latin American Leadership Forum ‘Building the Region’s Global Network for Competitiveness and Opportunity,’ which was organized by CG/LA Infrastructure Strategy Group.

In the coming years, Roco Ki has plans to build seven luxury hotels and about 4,000 residential units and aims to offer top-notch facilities and services such as:

– A world-class marina scheduled to open in 2010 is part of the initial phase of an internal navigable canal of approximately 3 miles in length and a capacity to dock 320 mega yachts.
– A botanical garden with a wide representation of local plants and vegetation.
– An exhibition of ancient Taino Indian artifacts found in the area.
– An added six top quality hotels.
– Three additional golf courses.
– An aquatic sports center that offers numerous activities such as diving, snorkeling, sailing, kayaking, parasailing and whale watching.

The present stage of Roco Ki which includes a 157-room Westin Roco Ki Beach & Golf Resort hotel and 341 residential units that are being built in the Macao area, near Punta Cana will be ready at the end of this year and will have seven restaurants, several bars, a gourmet market, 24-hour room service and an 11,500 square foot Heavenly spa.

Other highlights include a pristine, 5.7-kilometer beach, spectacular cliffs crowned by an 18-hole, par 72, golf course known as “The Faldo Legacy Course” designed by Nick Faldo. The golf course was built in accordance with the Audubon Cooperative Sanctuary Program, which shows the resort’s respect for the environment and at the same time honors the name of the project, which translates to “Honoring the Earth” in the language of the area’s original inhabitants, the Taino Indians.

The tourist center, which also features a conference center with a 700-person capacity, is located just 25 minutes from the Punta Cana International Airport, one hour from La Romana International Airport and two hours from Santo Domingo’s Las Americas International Airport.

http://dr1.com/realestate/developments/rocoki/

Popularity: 62% [?]