Dominican Republic Property a Caribbean Dream with Year Round Profits
By Built-in Administration account on 02-Aug-07 10:51.
A popular destination for UK & USA tourists, Dominican Republic property reports suggest hot profits in the rental market
Visitors to the Dominican Republic can already benefit from a stunning year-round climate, crystal clear blue seas and long stretches of pure white sand. But now more benefits are emerging as the island is re-marketed as an exciting new investment property hot spot.
From an investment news perspective, the high rental values the Dominican Republic enjoys could ensure a consistent profitability.
The Dominican Republic has also been placed in the Channel 4's Top Ten Emerging Property report, which portrays the island as a firm favourite with the overseas investment experts. This enthusiasm is also being expressed by TV property expert Zilpah Hartley, who has reported that property values are up 20% within a space of a year.
The Dominican Republic is home to multi-billion dollar residential developments and as Zilpah Hartley reports, you can purchase within these high quality developments "without breaking the bank." According to property reports, in The Independent newspaper, new builds in the exclusive resorts can cost as little as half the price of a home in the UK or Ireland for a one or two bed-roomed apartment.
In response to the real estate projects, a recent investment of around £2.5 million into the infrastructure of the island will help attract more property investment. Zilpah added that "development and investment have hit new highs with upgrades to international airports and roads and the creation of new golf courses".
This has bolstered a thriving tourist industry and with seven international airports, with a multitude of airlines travelling to the island, it is no surprise that tourism numbers are increasing by an average of 6% per annum.
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Aquarius Properties are marketing the Islands most attractive new development called Punta Perla. This promises to be a real winner for Investors and lifestyle owners wishing to make a good buy. See their web site http://www.aquariusproperties.com/property/punta-perla-1.aspx
The big advantage of this exclusive development is that it is quite unique and very up market so it will attract high end tourists which result in big yields for owners.
Make your money work for you, buy in Punta Perla development and earn 8% guaranteed rent for 5 years. 70% loan to value mortgages available without income limits.
Call +353 1 2782900 or email us to info@aquariusproperties.com