Is The Timing Right To Invest In Dominican Real Estate?
Dominican real estate has really been a strong investing opportunity since 2004. As more offshore investors discover the Dominican Republic as a premier destination in the future it will become more difficult to find the cheap Caribbean prices, but the appreciating values should still be strong. I bought a condo in Sosua on the north coast in September, 2007 for $63,900 and as of December, 2009 it was worth around $85,000 and climbing even in a down market! Sure, Dominican real estate has been affected by the U.S. and world economy but people are still visiting and buying property.
There are large tracts of land being bought by U.S., Canadian and European investors right now and it's just beginning! There are some major developments right now and many more being planned in Cabarete, Sosua, Juan Dolio, Samana and Punta Cana. As the interest increases so will the prices and appreciation. The demand is growing making Dominican real estate an amazing investment offer.
Property values and tourism is increasing and slowly becoming the final investors paradise in Caribbean island property. With the Dominican Republic as one of the last great investment opportunities in the Caribbean, it is becoming the new great destination in the world!
It's true that If you are thinking about moving to another country, the Dominican Republic may be one of the last places that come to mind. But that is changing and if you don't want to be the last to realize that this was the place to invest in 2009 and 2010, you better get educated fast and take notice of the island's north coast.
If you don't know what's new and being planned in Sosua, Cabarete, and the Atlantic coast you can learn a lot about the planned communities as we review them on my blog beginning this month. We will talk about existing projects like Infinity Blue and planned luxury Cabarete projects like Palmera as well as dozens of other planned condo developments. You can also subscribe to Simon Hall's quarterly investment report about Sosua real estate.
You can really get some good information about Sosua real estate and learn all about the Dominican people, the countryside, view beach photo, requirements for moving and living in the Dominican Republic, the economy and videos of the country. It is a Web site designed for people who visit, live and work in Sosua.
No restrictions are placed on foreign ownership. In fact, the powers that be seem to welcome it, recognizing that it contributes to the local economy. You may hold title in your personal name or in your Dominican company name.
There are large tracts of land being bought by U.S., Canadian and European investors right now and it's just beginning! There are some major developments right now and many more being planned in Cabarete, Sosua, Juan Dolio, Samana and Punta Cana. As the interest increases so will the prices and appreciation. The demand is growing making Dominican real estate an amazing investment offer.
Property values and tourism is increasing and slowly becoming the final investors paradise in Caribbean island property. With the Dominican Republic as one of the last great investment opportunities in the Caribbean, it is becoming the new great destination in the world!
It's true that If you are thinking about moving to another country, the Dominican Republic may be one of the last places that come to mind. But that is changing and if you don't want to be the last to realize that this was the place to invest in 2009 and 2010, you better get educated fast and take notice of the island's north coast.
If you don't know what's new and being planned in Sosua, Cabarete, and the Atlantic coast you can learn a lot about the planned communities as we review them on my blog beginning this month. We will talk about existing projects like Infinity Blue and planned luxury Cabarete projects like Palmera as well as dozens of other planned condo developments. You can also subscribe to Simon Hall's quarterly investment report about Sosua real estate.
You can really get some good information about Sosua real estate and learn all about the Dominican people, the countryside, view beach photo, requirements for moving and living in the Dominican Republic, the economy and videos of the country. It is a Web site designed for people who visit, live and work in Sosua.
No restrictions are placed on foreign ownership. In fact, the powers that be seem to welcome it, recognizing that it contributes to the local economy. You may hold title in your personal name or in your Dominican company name.
