Dominican Republic - Punta Cana - Real Estate Investment Opportunities in a Caribbean Paradise

With pearly white sandy beaches, a sub-tropicalBecause of Punta Cana´s popularity and
climate, and plenty of ocean front property, Reallimited beachfront land availability, real estate
Estate is booming in Punta Cana as thousands ofprices for beachfront properties are climbing
Americans and Europeans are also discovering20-30% every year. The average price of a
that the East coast of the Dominican Republic istwo-bedroom beachfront condo is now
the best place to buy their second or third home.$180.000US. Housing can be found at lower prices,
The options are endless: condos, luxury homes,if you accept some walking distance to the beach.
apartments for rent or purchase, beach-frontThe United States market is now beginning to
properties, vacant land, and more.identify the values and the opportunities that lie
Punta Cana offers 30.000 hotel rooms and morehere in the Dominican Republic, particularly in a
than 30 five-star hotels with 20.000 rooms underproject like Cap Cana, which is aiming to the
construction. World class golf courses, commercialhighest end of the world market," said Ellis Perez,
centres, new highways and International airport.president of Cap Cana.
Many new investors from all over the world haveOther popular golf- and resort projects attracting
already discovered the advantages andreal estate buyers from all over the world are
opportunities that lie here in Punta Cana and areRoki Ki and Punta Perla.
assuring a constant growth over the next 7Real estate in the Dominican Republic is so hot
years to make Punta Cana - Bávaro the bestthat even before they broke ground at the
destination in the entire Caribbean and Latinproject Roko Ki they had sold $100 million in
America.properties, 90 percent to Americans -- that too,
A virtual "unknown" until the late 80's, Punta Canaall in one day.
has fast become one of the most desirableThe foreign living magazine says: "How about a
places to live - and vacation - in the Caribbean.Caribbean island where the living is easy and the
Because Punta Cana has become so popular, it'spossibilities endless? How about a place where
also grown to be a resting spot for the rich anddoing business is hassle-free and profitable? How
famous. The east coast of the Dominican Republicabout a place where there is room for mountain
is known for its beauty and spiritual inspiration andfarms, the real estate is at bargain basement
Punta Cana is a place where nearly every visitorprices and the beer is great? What if I throw in a
at least entertains the idea that "this would be ahistoric colonial zone where 500 year old buildings
great place to live".are up for sale and the tourists are mostly
Due to Punta Cana tourism based economy andEuropean? Sound too good to be true? Well, it's
infrastructure; it's ideally suited to retirees andtrue! The island is the Dominican Republic and
entrepreneurs with a healthy nest egg. Rest andeverything I've just said about it is absolutely true.
relaxation is the main attraction in this tropicalAs a spot to move to and live I know of few
location.places that are better. It's one of a kind.