Caribbean luxury for serious investors, Dominican Republic

18 March 2008

The Dominican Republic is one of the few places in the Caribbean where investors can buy affordable luxury property with a guaranteed rental income, a low initial reservation fee, guaranteed 100% funding subject to status, and 30 days free use within a luxury 5 star resort.

Principal International, one of the UK’s leading overseas property experts is able to offer the affordable right through to the ultimate. Two Rivers Beach Resort and Spa on the Amber Coast of the Dominican Republic is tucked away amidst lush vegetation in a secluded bay overlooking the clear blue waters of the Caribbean. For those investors with more money to spend, the Island Sanctuary offers the ultimate in 5 star luxury villas hidden away in their own secluded grounds, designed and built to the highest specification.

The Dominican Republic has a rich history founded by early European settlers to the Americas; as a result the Island has become a favoured tourist destination. There is an ever increasing number of visitors every year from around the globe, attracted by its three mountain ranges, palm tree lined beaches, spectacular rivers, stunning waterfalls and exotic wildlife.

Simon Ryeland, director of Principal International says “we are very excited about the opportunities in the Dominican Republic, the properties prices here are very reasonable compared to other parts of the Caribbean and our investors are keen to buy off plan to obtain the discounts the developer is offering. The numbers of visitors to the Dominican Republic are rising year on year and there is no doubt that this unique resort opportunity will provide a profitable investment.”

With property prices on the Island rising by at least 30 % over the last 5 years, buying off plan and sooner rather than later is where the profit can be made. The Island covers approximately 48,000 square kilometres and with much of its allowable beachfront resort locations already developed, land will eventually only become available at a premium and opportunities may become limited.