The Dominican Republic Real Estate By Seth Willis At Isnare.com Ezine Articles

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!

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