Punta Cana Real Estate has realized tremendous growth in the last few years. This, my friends, is the start of something great.
With steadily rising rates of appreciation which means high return on investment Punta Cana has become one of the hottest spot in the Caribbean for investors around the globe.
With beach front properties, Villas, apartments,Condos and vacant lots the options are endless.
We have affiliated ourselves with some of the absolute most knowledgeable people in Punta Cana and the Dominican Republic Real Estate business to bring you these Punta-Cana-Reviews.
Scott Medina and his crew are at the top of our list of affiliates.
Punta-Cana and the surrounding area communities present the perfect retreat.
Bill and Hillary Clinton, Julio Iglesiaas, Oscar de la Renta, Mikhail Baryshnikov and Ricky Martin are just a few of the rich and famous who visit and make Punta Cana home.
The Beaches are absolutely breathtaking. There are over 22 miles of some of the whitest sandy beaches on the globe.
Punta Cana and Dominican Republic Real Estate cater to all taste at affordable prices.
Punta Cana, Dominican Republic is a great place to Play, Live and Invest:
Punta-Cana-Reviews:
• Pre Construction Prices Start at $88,000.
• World's largest corporations, hotel chains and most wealthy individuals are investing in the DR now.
Why is that important to you?
• Massive due diligence is carried out by such corporations and individuals. Their Punta-Cana-Reviews are complete.
• You can rest assure that real estate investment in the DR holds the potential to provide significant return on investment.
• Companies like Wal-Mart, Ritz Carlton, Westin, Conrad Fairmont, Four Seasons, Donald Trump, Hard Rock Cafe are expanding their operations to include the DR and Punta Cana.
Donald Trump believes in the Dominican Republic's potential to the tune of $2 billion dollars.
• Demand for luxury property in the Dominican Republic is overwhelming.
• Year round tropical Weather, lower prices, tax exemptions and a high quality of life are important factors that motivate investors and tourists to the Dominican Republic.
• Affordable and easy access from the US, Europe and all over the world makes the Dominican Republic the natural choice of tourists and investors alike.
. Capital growth is averaging 20% per annum in most areas.
• The Wall Street Journal has made predictions of up to 50% growth in the near future.
• Savvy investors are making their move now and making the most of low entry pre construction prices and rapid rates of appreciation, rather than missing out once prices start to increase dramatically in the future.
• Strong ties with other countries such as the USA, the UK and Canada.
• Expats, retirees and investors are seeing the DR as a viable investment destination.
• As tourism increases, predicted at a rate of 3.4% per annum through 2017, foreign relations will grow stronger.
• Tourism, tourism real estate and telecommunications were the major areas of investment.
• Dominican Republic’s tourism industry grew 4.5% in Jan-August 2008 compared with the same period the year before.
• Spanish is the official language; however, English, French, Italian and German are widely spoken.
• The remaining amount came through Las Americas International Airport (19.3%), Puerto Plata (15.8%) and La Romana (5.5%).
• Russian tourist market grew considerably in 2008 with an 83% increase in Russian tourists compared to last year, Ukrainian tourism is up 11% and Polish tourism is up 92.5%.
• From Latin America, there were also increases. There were increases from Brazil (up 32.5%), Ecuador (up 37.9%), Mexico (up 15.5%), Chile (up 44.8%), Argentina (up 38.1%) and Colombia (30.1%) as air links improved.
• Canadian market is showing its strength as well
• Arrivals come primarily from the United States, Canada, France, Spain, Belgium and Switzerland
• Arrival of Canadian and U.S. tourists grew at 9 and 7.4 percent respectively, whereas flow from England, Belgium and Spain also posted growth.
• Area still in developing stages, great opportunity for investment
• Punta Cana has over 50 Hotels with over 35,000 rooms and over 15,000 more under construction
• More than 4.5 million visitors per year with 55% arriving in Punta Cana
• Expected 3.4% per annum tourism growth through 2017
• Stable Democratic Government encouraging foreign investment
• Strategic Location
• 15 minutes from Punta Cana International Airport 35km (22 miles) of white sandy beaches and turquoise blue waters
• Theme parks, water sports, marinas, designer golf courses, night life and gambling casinos
Punta Cana, named after a local cape, is a region in the easternmost tip of the Dominican Republic.
Located in the province of La Altagracia the region borders the Atlantic Ocean to the east.
To the north, it borders the village of Bavaro and El Cortecito Beach.
Areas bordering Punta Cana include Cabeza de Toro, Cabo Engaño and, further west, Juanillo.
North to South the main beaches are:
Playa Arena Gorda, Playa Bavaro, Playa Uvero Alto, Playa Macao, Playa El Cortecito - all north of the cape - and Cabeza de Toro, Cabo Engaño, Punta Cana, Juanillo - south of the cape.The entire Bavaro-Punta Cana region entered a fast-paced growth phase.
With the establishment and initiation of foreign investment projects such as Cap Cana.
The Westin Roco Ki Beach & Golf Resort, the development of new marinas, resorts, and housing complexes have been developed.
For the past 10 years foreign investment has had sustained levels of consistent growth, turning into one of the most important economic sectors for the country, and responsible for employment in many different sectors of the local economy.
Bavaro Beach, Punta Cana, is the fastest growing tourist and investment area in the entire Caribbean by U.S. citizens, Canadian and European investors.
Needless to say, Punta Cana Real Estate many say is highly under-valued.
Pre construction apartment prices started at $88,000 in Punta Cana Bavaro.
There are still real estate deals in this great seaside community but you need a local market expert to help you.
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We hope our Punta-Cana-Reviews were of some help to you.