| Remax – Punta Cana Real Estate | |
| Dear friends, Bellow you’ll find some information about this exotic and beautiful country that is rightfully called "the best kept secret on the Caribbean". A new way of life, the Dominican Republic way Imagine waking to the sound of the ocean s rhythmic roar every morning in your magnificent beach front home. Picture yourself with loved ones sharing a champagne toast as you watch the sun set from the ocean view balcony of your Caribbean-style villa. Envision yourself in the perfect climate, basking in the warmth of the Dominican Republic sun with prevailing soft ocean breezes all year round. These dreams can become your reality ! Owning real estate in the Dominican Republic has a lot to offer, and is quite affordable. In fact, the Dominican Republic is recognized as one of the most affordable Caribbean destinations. With its favorable climate of an average 80 degrees (F) (27 degrees C) year-round and ingratiating culture, the Dominican Republic is the one place you will be thrilled to call home, or perhaps relocate your business. Once a sleepy haunt for low-budget tourists, the Dominican Republic has awoken deep-pocketed investors and homeowners seeking an unspoiled tropical paradise. Despite the troubled economy, there are areas of the world where the real estate market continues to thrive. The Dominican Republic (or the DR as it s commonly known), just 90 minutes from Miami and three hours from New York, is one such spot. Aesthetically, it is a beautiful country, boasting lush mountain ranges and stunning beaches, as well as a variety of microclimates that range from warm and tropical to arid and temperate. Improvements to the infrastructure are ongoing, and land is cheap and easy to come by. The DR remains as Christopher Columbus described it upon discovery: a beautiful island paradise with high forested mountains and large river valleys. And, of course, there are the golf courses and beaches that have put the destination on the map. Pete Dye, Jack Nicklaus, Arnold Palmer, Robert Trent Jones, Gary Player, Tom Fazio, and Nick Faldo have all left their imprint for golfers to enjoy, while no less than 1,000 miles of sand create the perfect complement to the greens in the form of beautiful beaches. The island is also known for its vibrant nightlife. Dancing is a way of life on the island and is viewed by Dominicans as an art; they take pride in sharing their native movements with others. For its part, the east coast region contains the most popular and fastest-growing tourist area in the country, namely Punta Cana/Bavaro (known best for having some of the most picturesque beaches in the world). Fortunately for luxury home buyers, this region of the country is offering new opportunities. Take, for example, the new Roco Ki development which features the Faldo Legacy Course, the Westin Roco Ki Beach & Golf Resort, Heavenly Spa by Westin, and the Fairmont Residences, all with 3.2 miles of beachfront at your doorstep. Beachfront residences include thatched-palm roofs, infinity pools, tropical shower gardens, and much more, starting at $2.7 million while beachfront lots Claim up to $26,000 per W2 Employee
Local realtors say steady growth has actually been enjoyed in the Dominican Republic since the international airport opened at Puerto Plata in the 1970s, but it is only in recent years that the country has gained the interest of so many savvy buyers actively seeking a luxurious, but affordable, second home. If there is any doubt about the level of interest in this red-hot destination, consider this: Trump recently sold $368 million worth of real estate for his Cap Cana project. – Stacy H. Small Details The island of Hispaniola the second largest island in the Caribbean, contains two separate countries; the Dominican Republic and Haiti. Subsequently, disease and slavery were introduced by the Spanish conquistadors, and the indigenous Arawak peoples were destroyed. In the 17th Century, with the Spanish in control, the French established a colony on the island. The Spanish later ceded the western third of Hispaniola in 1697, which in 1804 became known as Haiti. The remainder of the island, then known as Santo Domingo, declared its independence in 1821, however, it was immediately occupied by Haiti. It finally gained total independence in 1844, and became the Dominican Republic. Ruled by a series of dictators for the next 134 years, democracy was finally introduced in 1978. Today this beautiful island of gregarious people and stunning scenery is a popular Caribbean destination, as unlike its neighbor to the west, the country’s economy is one of the fasting growing in the western hemisphere. Quick Facts and Figures Official Name Dominican Republic Population 9,219,800 Capital City Santo Domingo (2.25 million) Languages Spanish (official) Official Currency Dominican Peso Religions Catholic (95%) Latitude/Longitude 19º 00N, 70º 40W Land Area 48,730 sq km (18,815 sq miles) Highest Pt. Pico Duarte, 10,417 ft. (3,175 m) Landforms The Dominican Republic, occupying the eastern two-thirds of the island of Hispaniola is mountainous in the central and west, while extensive lowlands dominate the east. Compared to the tropical conditions in the west, the lowlands of the southeast are exceptionally dry, with very little usable plant growth. Lake Enriquillo, on the southwestern border, is the largest lake, while the largest rivers include the Yaque del Norte and Yuna. Dozens of smaller rivers and streams run from the mountains to the sea.
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