Located in the La Altagracia province of the Dominican Republic, Punta Cana has enthralled visitors from around the world for years. The sunny skies, beautiful beaches, scenic visages, stunning resorts, pleasant weather and more at this area in the Punta Cana-Bvaro-Veron-Macao district, make it one of the most popular destinations in the Dominican Republic. Also subsequently the Punta Cana real estate market has also seen a major upswing in recent years.
One of the main reasons why real estate is booming in Punta Cana is due to the pleasant fact that people connect with and fall in love with the place when they visit, often opting to buy second homes here or homes for future retirement, rental vacation properties for possible income earnings and the like.
The fact that the Dominican Republic real estate market has seen an amazing appreciation rate of approximately 15% in the last few years means that many an investor is choosing to purchase their next investment here; a far more favorable situation in comparison to many other countries.
Since investors from across the globe are taking a keen interest in purchasing real estate here, it would be wise to talk to a real estate agency as soon as possible, so as to not miss out on the best opportunities for you.
Therefore, people often choose to purchase properties here that they may visit once in a while but rent or lease out to vacation goers and short term visitors for the rest of the time, affording them a way to earn a guaranteed supplementary income. Also for regular holiday makers in the Dominican Republic, having their very own home away from home here does eliminate the nuisance of spending on expensive hotels frequently.
With an approximate appreciation rate of 15 to 20% yearly, investing in the real estate industry in Punta Cana is definitely proving to be a beneficial experience, especially in lieu of the fact that the situation of this industry in many other parts of the world has been quite grim.
Since the real estate market is highly developed in Punta Cana and all over the Dominican Republic in fact, most realtors will be able to line up a range of properties in your budget, once you make a few inquiries and express a keen interest.
So if you want to move here for the gorgeous weather, the bustling beaches or the laid back lifestyle or purchase a place you would like to visit once ever so often, there's plenty for you to choose from. Also foreign investors interested in purchasing Punta Cana real estate will be happy to know that the country has very fair and straightforward regulations toward foreign parties and also fortunately a very low property tax.
One of the main reasons why real estate is booming in Punta Cana is due to the pleasant fact that people connect with and fall in love with the place when they visit, often opting to buy second homes here or homes for future retirement, rental vacation properties for possible income earnings and the like.
The fact that the Dominican Republic real estate market has seen an amazing appreciation rate of approximately 15% in the last few years means that many an investor is choosing to purchase their next investment here; a far more favorable situation in comparison to many other countries.
Since investors from across the globe are taking a keen interest in purchasing real estate here, it would be wise to talk to a real estate agency as soon as possible, so as to not miss out on the best opportunities for you.
Therefore, people often choose to purchase properties here that they may visit once in a while but rent or lease out to vacation goers and short term visitors for the rest of the time, affording them a way to earn a guaranteed supplementary income. Also for regular holiday makers in the Dominican Republic, having their very own home away from home here does eliminate the nuisance of spending on expensive hotels frequently.
With an approximate appreciation rate of 15 to 20% yearly, investing in the real estate industry in Punta Cana is definitely proving to be a beneficial experience, especially in lieu of the fact that the situation of this industry in many other parts of the world has been quite grim.
Since the real estate market is highly developed in Punta Cana and all over the Dominican Republic in fact, most realtors will be able to line up a range of properties in your budget, once you make a few inquiries and express a keen interest.
So if you want to move here for the gorgeous weather, the bustling beaches or the laid back lifestyle or purchase a place you would like to visit once ever so often, there's plenty for you to choose from. Also foreign investors interested in purchasing Punta Cana real estate will be happy to know that the country has very fair and straightforward regulations toward foreign parties and also fortunately a very low property tax.
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Punta Cana real estate has not become a popular option for real estate ownership in the Caribbean for no good reason. Its advantages are also multiplied by the important fact that the growth of the tourism sector in the Dominican Republic coupled with a relatively stable economy.
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