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How the marina will look at Punta Perla.
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If you think the property market is cooling, think again. Dominican Republic off plan property is currently one of the hottest deals for investors. Attracting great interest at the moment is the Punta Perla Golf Resort on the eastern tip of the coastline.

Santo Domingo.– The Dominican Republic has long been a favourite golfing destination for the rich and famous, including many US presidents. With 21 golf courses, including stunning oceanfront fairways, it's easy to see why the country is one of the world's most attractive golfing hotspots.

Tourism is the biggest earner, and there's an opportunity for the investor around every corner. Plus, with direct flights from the UK and only 4 hours' time difference, it's easy to reach to manage an investment.

In this thriving property market foreign investors are increasing by the day. Many Dominican Republic property values have doubled in just a few years, and Punta Perla investment property looks set to follow. Plus, with an influx of 4 million international visitors to the country each year (and likely to double by 2015), the potential for property rentals is huge. The Dominican Republic also has one of the highest hotel occupancy rates anywhere in the world – a clear indicator that this Punta Perla investment opportunity is one not to be missed.

The Punta Perla Golf Resort, located at Punta Cana, offers opportunities for the investor and visitor alike. Golfers will enjoy three 18-hole world-class signature courses, designed by Colin Montgomerie, plus the Golf Academy.

Guests can also make the most of watersports, scuba, snorkelling, paragliding, horseriding at the equestrian centre, tennis, polo, the best spa in the Caribbean, luxury 5-star hotel, pools, shops, bars and restaurants, cinema and entertainment, business centre, casino and an onsite medical centre. With so much global competition in the golf resort market, Punta Perla is determined to outshine them all.

The golf resort itself links in with a 400-mooring marina, tropical village and Beach Club. Punta Cana International Airport is also just a short drive away. The Punta Perla Golf Resort is set in a stunning 2,700-acre tropical paradise. It promises to be one of the most exclusive and prestigious golf resorts in the world, with something for everyone and for all ages.

Just being there, you could easily believe you've died and gone to heaven -- not just because of the year-round summer temperatures, the crystal waters, oh-so-blue skies and sun-kissed beaches, but also because of the significant financial incentives to investors buying before the end of January 2008, including cashback on completion, a guaranteed buyback schemes with 30 percent bonus, 10-year tax incentives, guaranteed rental income and a shared rental 'pool'. And all of this for prime beach-front real estate in an eco-conscious development.

The 8,000 properties, most with terrace and Jacuzzi, include villas, apartments, penthouse suites, townhouses and millionaires mansions. Punta perla off plan properties range from $245,000-$1.4m and are built with low-density in mind.

The Dominican Republic has a long international history, being the first permanent European settlement in the Americas with the first European-built road system. The capital, Santo Domingo was also the first colonial capital in the Americas. It's a tropical paradise – so beautiful that Christopher Columbus almost didn't go home! And now the prospects for capital growth are just as appealing as the landscape itself.

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COMMENTS
14 comment(s)
Written by: josean, 6 Jan 2008 9:18 AM
From: United States
Yeah that's all lovely but where is the Metro!
Written by: El_Mayimbe, 6 Jan 2008 1:39 PM
From: United States
Just when I thought your jokes could not get any lamer...
Written by: santanar, 6 Jan 2008 4:44 PM
From: Dominican Republic, Ramon Santana, La Romana
This is great and will turn into a decent salary and development for citizens in that part of the country. We as a nation are turning things around in the Caribbean lets keep it up.
Written by: DrCiSkoFC, 6 Jan 2008 11:24 PM
From: United States, New Jersey
All this development is great marketing for the Dominican Republic and attract's mega "High Rollers" from around the world..

I say tax the hell out of these developers and put that into Education and public works..

By the way,
Who is responsible and deserves the credit for creating a comfortable economic climate were foreign investors feel it is now save to spend million$ in the DR??

I will leave that up for you to answer to yourself. .
Written by: josean, 7 Jan 2008 2:25 AM
From: United States
A little informational balance:

http://www.elcaribecdn.com.do/art....9F793F1A3150BF49BD0&Seccion=3
Written by: Bonao, 7 Jan 2008 8:55 PM
From: United States
its a Little Business Compare that to Vegas and Vegas Gets at least Billons A week and Dominican Republic Gets RDMillon
Written by: dagtan, 7 Jan 2008 9:25 PM
From: United States
santanar6, since when should citizens be proud of a country that develop in the service and comfort areas. Sure, everyone in the DR in the DR will one day work in the accomodation service field and what about the professions on which civilized nations thrives, i.e. engineering, tech, medicine, manufacturing. Oh, leave that to the Americans, they are the smart people, are you one those Dominicans that believe that Americans are smarter than Dominicans too? At least CrCi, is on the right teack, if our people will be modern servants, at least tax the hell out these rich people and poor that money into the educational system, a la, Vegas where a high % of the profits go to taxes and then down to education and capital improvements.
Written by: El_Mayimbe, 7 Jan 2008 9:43 PM
From: United States
Bonao: what was your point with that comment? are you saying nothing in the DR should be built unless it's Vegas style? keep in mind Vegas has been a tourist destination for decades.

Dagtan: the DR is not a huge country and it doesn't produce petroleum. But we do have natural beauty; this should be exploited (not grossly or in a disorganized manner though). It's just one way to create jobs that are very much needed. Why be negative even about this? As far as the taxes, I agree they should be heavily taxed. But like most new construction projects around the world, the first X amount of years is little to no taxes as an incentive to buy. Places like Vegas sell themselves but the DR is not up to that level; it has lots of competition and still needs to gain people's confidence as a worthy place to invest in (via incentives). Hopefully once they begin taxing, a large amount will go to education.
Written by: dagtan, 7 Jan 2008 10:01 PM
From: United States
mayimbe, no negativity here, but simply stressing the need for the money to be diverted to the right areas. BTW, a country does not need to produce oil in order to develop technologically. Mayimbe take a look at the Bahamas, they do not produce oil and are making a lot of progress in positioning themselves as a leading tech producer in the area. I am simply saying that our eyes are on the easy stuff, like developing a land that it is already beautiful and it will take little to achive the level of development. The DR need to focus in developing an educated society, now this is a real challenge and I am willing to wait, but not even the foundation is in place since the public educational system is broken and ineffective. We are going to make real progress by making educated productive people, not good bar tender and maids. Every other country knows this and some decide to take on the challenge and develop into super power, i.e.Taiwan which in terms of territory is smaller than DR,
Written by: josean, 9 Jan 2008 9:15 AM
From: United States
Sorry to rain on Lio-nel's parade.


"Global Property Guide: Dominican rental properties among Caribbean's least profitable"
Written by: dagtan, 9 Jan 2008 11:43 AM
From: United States
stay in business.
Written by: dagtan, 9 Jan 2008 11:43 AM
From: United States
This is no good news for the DR. I am in the process of reading more and finding out some of the reasons for this condition. Maybe people do not see the Island as a place to retire such as Florida or Costa Rica. I am aware that many developments have been lately develop in the DR catering to retirees that would like a hot climate and a favorable exchange. Threfore, there should not be difficulties in renting or seling these properties. One thing that I can say is that exceot those niche communities that are tucked away in the urban areas and where people are often islated from the poverty in the barrios things might be better. But many of these developments are in the costal areas targeting tourist and retirees, so the surrounding barrios are not developed and once you leave your beautiful development you are face with extreme poverty all around you. This condition scare some fo prospective buyers and maybe renters as well forcing the realtors to lower their rent in order to,con
Written by: El_Mayimbe, 12 Jan 2008 2:35 AM
From: United States
That article simply states that the DR is among the LEAST profitable; not that it's not profitable. Puerto Rico and the Bahamas have been tourist markets for a longer time; especially as a place ot retire. Once the major projects like Cap Cana and Roko Ki are fully executed, this may change things.

By the way, the gov. is doing a lot to make us technologically competitive. Read up on the Cyber Park. Also, read this article:

http://www.hoy.com.do/article.aspx?id=138487#
Written by: dreadlocks, 18 Jan 2008 11:20 AM
From: United States
this is so pathetic; the dr does have some of the most beautiful beaches and landscape in the world, without question. but we rejoice every time we hear that a new mega project, conceived with the ultra rich in mind, is being put together somewhere. none of this is owned by the dr government. it is all financed by outside consortia, which control the business. i hate to repeat this, folks, but the outcome of that is the repatriation of most of the money to the countries of ownership. punta cana and bavaro are the tourist engines for the dr; just ask the residents in the outlying areas of the province what tourism and all this ¨foreign investment¨has done for them!
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