Dominican Republic Property – Perfect All-Round

Dominican Republic property is attracting masses of media attention at the moment along with several other Caribbean islands and sun-drenched coastal locations around the world that offer similarly affordable properties. A recent David Stanley Redfern release announced that the Dominican Republic had retaken the top spot of having the most affordable Caribbean properties, and focussed on that point, without giving any real details of the bargain property.

The apartment-hotel complex offers studio apartments from £24,000 in Sosua, one of the Dominican Republic's most popular areas with tourists. The complex, only a five minute walk from the beach is a long-standing, reputable and extremely popular resort, which readily enjoys occupancy rates of 80% and above.

Taking that with a pinch of salt as reader probably will, even with only 50% occupancy and at below the going rate for rentals on similar properties in the area, a rental yield of 12% is easily attainable for pure investors. Holiday home investors should still be able to take an 8% yield, obviously depending on how many weeks of the year they use it themselves, or offer it to friends etc.

The Dominican Republic is definitely a rising star, with low living costs it offers the opportunity of a cheap Caribbean holiday, and with major operators like Thomsons opening new Dominican Republic packages, serving their platinum range no less, global tourist are quickly cottoning on to Dominican charm and tourism is rising quickly.

Emerging markets where growth is fuelled by massively rising tourism numbers tend to be best for short-term investment, because people who fall in love with a place tend to buy resale properties in their favourite spots, with cost often coming as a second consideration. This is great news for the investors who get in early, as strong demand in the resale market makes it easier for them to collect the return on their investment. Not to mention tourism demand pushing up rental yields.

Of course business fuelled markets have the same benefits of affluence spreading through the communities, who then have money to spend on their own homes, but this process takes longer, and that is why these markets tend to be suggested for long-term investment.

Dominican Republic is showing all the right signs of being incredibly profitable for short-term investment, but is also suitable for long-term investors, who will collect healthy rental yields for as long as they choose before reselling.
Find out more about Dominican Republic property and buying property in Dominican Republic.

About DSR Asset Management Ltd

DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property

FootPrints SEO is search engine marketing and online marketing agency based in the UK.
© 2009 Footprints-SEO.com

Dominican Republic: Cheapest Property in the Caribbean

According to independent investment analysis, the Dominican Republic is the most affordable market out of 20 Caribbean countries assessed: Bermuda, was the most expensive at $7,861 per square metre, compared with Dominican Republic’s $1,324 per square metre.

Tourism arrivals to the Dominican Republic in the first four months of 2008 have also grown by 5.6 percent when compared to the year before. The number of tourists rose by around 84 thousand bringing the total for the period to 1.6 million. And the tourist influx is expected to continue increasing at a steady pace for the foreseeable future.

The World Travel and Tourism Council forecasts that the tourist industry will contribute 16 percent to GDP in 2008, and currently one out of every seven people in the country are employed in tourism related jobs. Around 35 percent of total export earnings for 2008 are expected to come from international visitor related transactions.

In terms of GDP, the Dominican Republic is one of the most stable Caribbean economies. Its telephone and internet infrastructure in metropolitan and tourist areas are well developed and reliable. Its substantial local agricultural and manufacturing industry results in much less costly imports than some alternative Caribbean island destinations, meaning a lower cost of living. And the country is a stable democracy with a foreign investment friendly outlook.

The Dominican Republic real estate market has also shown impressive growth over the past few years with the government enacting laws that protect the rights of international property owners and investors. And unlike some other Caribbean countries, investors don’t have to become a citizen or a resident to purchase property.

The message from analysts is buy now as the prices won’t last forever and property is expected to see 10-20 percent capital appreciation and 8-10 percent rental yields.

David Stanley Redfern, the overseas property specialists, have three properties in the Dominican Republic. The Apart-hotel Sosua Plaza contains 32m² studios, each with private balcony overlooking the pool in a well maintained gated hotel complex. All apartments are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV. Prices start at £24,000.

The Sousa Development contains a range of fully refurbished and furnished one bedroom apartments in a stunning complex surrounding a spectacular pool. Its hillside position offer ocean views from the higher floors and all apartments have living rooms, fully installed kitchens, bathroom, bedroom and terrace. Prices start from £30,000.

The Oasis Cabarete is an ocean front development offering one, two and three bedroom private residences within an enclosed community with private entrance and 24hr security surrounded by miles of deserted beaches. Inside, winding paths take you through lush landscape to natural waterfalls and two pools, Jacuzzi, fountains, restaurant, bar, surf shop, sun deck or private beach. Prices start at £67,000.

Find out more about Dominican Republic property and buying property in Dominican Republic.

About DSR Asset Management Ltd

DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property

FootPrints SEO is search engine marketing and online marketing agency based in the UK.
© 2009 Footprints-SEO.com

Investment Potential Heats Up in Dominican Republic

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 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 and buying property in Dominican Republic.

About DSR Asset Management Ltd

DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property

FootPrints SEO is search engine marketing and online marketing agency based in the UK.
© 2009 Footprints-SEO.com