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Dominican Republic

The Amber coast

The Dominican Republic occupies the Eastern two-thirds of the island Hispaniola and is situated between the Caribbean Sea and the North Atlantic ocean, bordering east Haiti.
The capital Santo Domingo is the New World's oldest capital and contains many colonial buildings which have been carefully restored to retain their original charm. There are many fine examples of 16th century Spanish architecture and many fascinating structures that have survived for over 500 years.
The Dominican Republic has undergone a huge reform process and the island is currently undergoing government investment in infrastructure which has provided an excellent climate for investment. In recent years the number of tourists has risen to such an extent that the country is now seen as a major tourist attraction in the Caribbean.
Tourism accounts for more than 1 billion US $ in annual earnings. Free Trade Zone earnings and tourism are the fastest growing export sectors. The establishment of free zones has succeeded in attracting much foreign investment, creating employment and spurring growth. President Leonel Fernandez presented a decree (2543-45) in 1998 eliminating restrictions to real estate ownership by foreigners, thus recognizing that the former law was a barrier for foreign investment. Prior to this new decree, a real estate purchase by a foreigner was a lengthy procedure, had to be processed by local attorneys and required the special authorization. Under Decree 2543-45, real estate investors will enjoy the same rights as Dominicans.
Property in the Dominican Republic is very reasonably priced and proving popular with buyers for various reasons. Some look to purchase a piece of paradise for their retirement years and with Dominican Republic property for sale at prices more favourable than almost all other similar destinations it is an obvious first choice. With prices so competitive and the perpetual increase in the areas popularity with tourists, investors see property in the Dominican Republic as
a safe investment with prices only set to rise and rental potential drastically increasing inline with its popularity.

Puerto Plata

The Amber Coast, along the northern coast of the island, is named for the rich deposits of amber, found in the hills near the 75 mile stretch of beautiful beaches east of Puerto Plata. The white-sandy beaches, impressive mountain ranges, spectacular rivers, waterfalls and exotic wildlife are just the beginning of the Dominican Republic's exotic beauty.
Puerto Plata is the largest city of the Northern region and a tourism Mecca of the Dominican Republic; 80% European and 20% North American. It's a popular destination for tourists who are seeking a relaxing, affordable holiday with the option of a lot of places to visit in the vicinity. 3 miles west of Puerto Plata a new full service marina is under construction with berthing up to 250 ft (LOA), WI-FI, 24 hour security, customs & immigration on-site and a fuel
dock. Ocean World Marina is adjacent to the famous Ocean World Adventure Park, the newest and largest marine park attraction in the Caribbean. The Marinas Grand Opening will be January 2007. By March 2006, about 20 slips
will be open with electricity, water, and pumped fuel.

Puerto Plata is known for its glimmering beaches and entertaining resorts. However, straying away from the water for a day can yield a breathtaking experience. Blanketed in tropical flora, the 2,600 foot high Mount Isabel de Torres offers a splendorous adventure. To reach the peak you can drive, hike or take the scenic Teleferico (cable car). At the top of the mountain are lush botanical gardens, a souvenir shop, café and a 52 foot statue of an open armed Cristo Redentor overlooking Puerto Plata and surrounding area. Along with some of the most splendid views of the Puerto Plata bay. The mountain is one of four protected scientific reserves in the country and home to the highest altitude botanical gardens in the Caribbean.

We offer apartments, plantation houses and luxury villas for sale in this dream destination, fantastic investment opportunity with guaranteed rental returns.  Simply email us or give us a call for full details.