An Enticing Insight into the Dominican Republic RE
The Dominican Republic is unique among Caribbean destinations for a number of important reasons. Large and diverse, the island country enjoys a tropical climate, lovely beaches, rich farmland, and a friendly, engaging population. Tourists find a wide array of attractions that will delight them from kite-boarding to horseback riding to white water rafting. Many return, year after year, and at some point, decide to invest in Dominican Republic Real Estate.
The north coast of the Dominican Republic is widely regarded as the most scenic area of the country with its dazzling, wide beaches and lush coastal mountains. From Luperon to Cabrera, the visitor passes through historic towns like Puerto Plata, Sosua, and Cabarete. A sure sign that large-scale investment is coming is the recent opening of a major cruise ship port by Carnival Cruise Line. Many visitors, realizing that the area suits them, will choose to invest in real estate in this growing area.
Investing in Dominican Republic Real Estate in this beautiful country is very straightforward. Ownership of property by foreigners is absolute and relatively simple. The process is similar to that employed in European or US real estate transactions, and there are many competent attorneys who are able to handle the legal aspects of real estate ownership.
The Dominican Republic has become the most popular tourist destination in the Caribbean and consistently ranks in the top 5 for all the Americas. This popularity has spawned significant infrastructure growth in many areas with improved roads, bridges, airports and cultural centers. Where Punta Cana and La Romana have grown rapidly in recent years, the north coast is feeling the beginnings of a new wave of interest by tourists and those wishing to stay for the longer term.
Indeed, there are many opportunities for quality real estate investment on the north coast. Condo and villa communities are found in many desirable locations and residences are available in every budget niche. From compact, efficient studio apartments near the beach in stylish, hip Cabarete to luxury villas in exclusive, gated communities like Sea Horse Ranch, the menu of choices is rich and varied.
Best of all, an investor in a residential property will find that the demand for rental properties almost guarantees a substantial return on investment. And if the owner decides to stay awhile, they will find that an affordable luxury lifestyle is well within their reach. Easy to reach from North America and Europe, the north coast region is served through the Puerto Plata International Airport as well as the fine airport at Santiago, a larger nearby city with great shopping, modern medical and dental facilities, and access to the celebrated mountain towns of Jarabacoa and Constanza. As many visitors have found, this is a great place to live!
Rachel Stinson has always had a knack for writing, analytics, food, fashion, and places. Blogging has combined all four for her with an added bonus of enthusiastic audiences. She expertly analyzes real estates, restaurants, and Dignam with respect to pricing and the people involved and can express her opinions in an unhesitant, engaging manner for all matters.