MyPoints 2534 Real Estate Agents Country: City: Social Media Exchange: No Link Exchange: No Accept Email Offers: Yes Join Date: 01-23-2007
Click to Visit Our Website
View Storefront Products: Not Active Coupons: Not Active Articles: Yes Videos: Not Active Services: Not Active Review Sites: Not Active Connect with Us

Caribbean investment in The Dominican Republic

“I assure your highnesses that these lands are the most fertile, temperate, level and beautiful countries in the world”
- Christopher Columbus. The Dominican
Republic is one of the most beautiful Caribbean destinations and is also one of
the most exciting emerging property markets in the world. Government incentives to attract high quality sustainable
tourism continue to successfully revitalise the countries economy and industry and there has never been a better time
to buy a property in The Dominican Republic.
The market continues to grow at unprecedented rates resulting in steadily increasing real estate prices and solid rental
returns. Guaranteed rental has become a buzzword within the property industry but few schemes could compare with
the structure or yields offered by guaranteed rental schemes. Furthermore the government incentives offer 10 years
of tax incentives, no tax on rental income, no capital gains tax and no property purchase tax (Normally 4.6%).
Punta Perla is widely recognised as the largest dedicated leisure resort development in the world and perhaps the last
investment opportunity. It is continually courted by premier international leisure resorts and understandable when 8%
guaranteed rental yield (net of management fees) is available for the first 5 years. The Dominican Republic is
approximately 600 miles South East from from Florida, United States and approximately 4000 miles from the UK, With
flying times of approximately 3 hours and 7 hours respectively and Punta Perla is fifteen minutes from Punta Cana
International Airport.
For leisure, opportunity and benefits The Dominican Republic is the off plan capital.
2700 acres of sculptured tropical paradise along with 3 signature Golf Courses plus academy. The Punta Perla Golf Club
is the synthesis of spectacular location with grand vision and it is destined to become one of the most prestigious
international championship standard Golf retreats in the World.
The Dominican Republic enjoys a year round tropical maritime climate, a latitude of 17’36 - 19’58, places the Dominican
Republic at the border of the tropical zone. Sea breezes refresh the insular territory, evening out temperature to
average 23’C in the early mornings to 32’C at mid-day. There is little difference between winter and summer temperature
with July averaging at 82’F (28’C) and January at 76’F (23’C).
The lowest temperatures occur in the mountain areas near Constanza, where temperatures have dropped to 0’C , and
record highs have been registered at the frontier with Haiti , 39’C in the summer. The months of May to November are
regarded as the rainy season and most rain falls in the northern and eastern regions. The Dominican Republic is similar
in size to Scotland or the U.S. state of Maryland and is the second largest island in the Greater Antilles.
Named by its Spanish settlers “Hispaniola”, the island became the hub for the expansion of the Spanish empire into 
the new world. The city of Santo Domingo (originally named “La Isabela”) was founded in 1496, and soon became
the seat of the first cathedral, hospital and university of America.
A year after gaining independence from Spain in 1821, the eastern part of the island was occupied by Haiti. This 
occupation ended on February 27, 1844 with the proclamation of the National Independence. Since 1966, ten democratic
elections have been held, alternating the power between the three main political parties.
The Dominican Republic’s Latin style is a sharp contrast to the character of the many nearby islands, especially the 
British and French-influenced ones, and is reflected in both the local music and cuisine.
Mortgage-Loan-UK is a premier resource for personal finance information along with an extensive collection of mortgage 
related calculators. For more information on luxury Caribbean property for sale and especially Dominican Republic property
visit us now.

Read Article, Then Click Red Button to Redeem Your Tokens
Promote Your Own Articles -- Join Free Now!