Santo Domingo.– Growing fears from European investors about inflation and currency devaluation will have a positive affect on the Dominican Republic property market, experts said.
According to property portal Property Abroad, the Caribbean destination is set to see an increase in the number of investors looking to put their money into assets like houses.
The portal states: "The Caribbean is a favourite with these buyers because it is seen as being one of the few regions that has remained largely insulated from the global financial infrastructure."
New government guidelines alongside a growing tourism market make the island an ideal place to rent and even witness gains in property value. Last October, British Airways increased the number of flights which it offered to the country to keep up with increasing demand from holidaymakers.
