Investment Potential Heats Up in Dominican Republic
Visitor numbers to the Dominican Republic grew by 84,000.......


/Finance News Articles/ - NOTTINGHAM, UK, July 09, 2008 - Visitor numbers to the Dominican Republic grew by 84,000 in the first four months of 2008 compared to the same period last year. The total number of visitors was 1.6million in four months - very impressive. People who have long been avid lovers of the Dominican Republic referred to it as the Caribbean's best kept secret, but the cat has been let out of the bag. The Dominican Republic is set to become a hugely popular tourism destination in the coming months and years.

Little wonder, the Dominican Republic has everything that any of the other massively popular islands like Barbados has; white beaches, tropical climate, warm crystal blue waters full of exotic sea life, and striking mountain ranges, but its only just being discovered makes it an excellent opportunity for investors because property prices are far lower than on the likes of Barbados.

With tourism now growing so massively as the Dominican Republic moves over for its time in the spotlight, it is easy to predict that property values will quickly grow to the levels they are on other popular Caribbean Islands.

That is a long way to grow, which offers an excellent opportunity for holiday home and pure investors. For instance David Stanley Redfern Ltd have just added the Mar Del Ray development to their books, offering 1 bedroom apartments with a 10% guaranteed rental yield in the first year, from just 36,750. Mar Del Ray is a complex of 1 and 2 bedroom apartments, townhouses and duplexes on a fully equipped resort near the coast and just 20mins from the capital. Penthouse suites come with 45m2 roof terraces, where a Jacuzzi can be installed.

Another Dominican bargain from DSR is the Sosua Plaza, a resort development of resale studio apartments, already at 80% occupancy, and priced from just under 24,000.

Find out more about Dominican Republic property

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Press Release Contact Information:

Liam Bailey
David Stanley Redfern Ltd
Overseas Property Specialists
82 Moorgreen
Nottingham, Nottinghamshire
United Kingdom NG16 2FB
Voice: +44 (0)845 050 4377
Website: Visit Our Website