The Dominican Republic Real Estate
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.
A Heaven on Earth
Columbus spotted a coral-rimmed island in 1492 and named it
Hispaniola. He also proclaimed, "This is the fairest land under
Heaven." And this is really true of The Dominican Republic.
Home to the highest mountain range in the Caribbean, this
country shares the island of Hispaniola with Haiti and offers
some of the most spectacular beaches in the world.
There are a few destinations on the island, especially along
the southern coast between Santo Domingo and La Romana that
make some of the most popular tourist destinations and The
Dominican Republic real estate a highly profitable venture.
Not only do these places make an ideal family getaway
destination, but also are refreshing and rejuvenating
experiences especially when you can wade 100 yards from the
shore in crystal-clear waters and yet be only waist deep with
nothing but soft clean sand underfoot at Boca Chica.
However, it is Boca Chica's exciting nightlife making it a
popular singles destination. Moving towards the east along the
southern coast is the huge Casa de Campo - the biggest and
probably oldest of all Caribbean resort cum residential
communities along with its Pete Dye designed 18 hole gold
course, ranked #23 in the world by Gold magazine, and famous
Teeth of the Dog.
Toward the eastern tip of The Dominican Republic, real
estate is expensive and luxurious. The swanky and glittering
Punta Cana with its sparkling white sandy beaches and dazzling
emerald green Caribbean Sea waters make it a high profile and
elite dig.
The 30-mile stretch from Puerto Plata to Sosua and Cabrete
spilling over with all the major tourist attractions and has
become the first choice with expats and offers property at
attractive prices.
Type of Dominican Republic Real Estate
A Caribbean island that is also a great country and offers
easy living and endless possibilities to explore - The
Dominican Republic is a good place to do business, as the rules
are easy and hassle-free.
Historical colonial zones, large farmlands at the base of
the mountains, and sprawling villas on the water front, sounds
too good to be true? Well, it's true! The Dominican Republic
Real Estate everything we just mentioned and its all true.
Bargain prices, great beer, mesmerizing music, stunning
vistas, and warm, vivacious people make every moment you spend
on the island a worthwhile experience.
Besides this, The Dominican Republic is also an attractive
retirement paradise with a highly lucrative property option
that offers good potential returns on investment (around 30-40%
over 5 years) making it a safe property investment market.
The Dominican Republic real estate costs around $320,000 for
a 1000 square feet two bedroom luxury apartment or Caribbean
style condos - fully furnished with two levels, three bedrooms,
two bathrooms, and a huge balcony costs around $230,000 to
$255,000 only!
Seth Willis is the webmaster for
http://www.planetpads.com and a
savvy real estate investor. His focus for Planet Pads is to
allow users to showcase their real estate from all over the
world .Users can browse properties , rentals , vacation homes
and commercial properties from every corner of the
globe.
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