Welcome to the DRListings.com Blog.
In this post we will outline everything you need to know about purchasing property in the Dominican Republic.
Coming Soon.
Tourism to Dominican Republic is on the increase this year, speaking at the Dominican Annual Tourism Exchange (DATE) in Punta Cana, DR Minister of Tourism Francisco Javier Garcia who said that tourism has increased every month since September last year.
Focussing on recent growth, Garcia said that tourism was up 3.2 percent in March (including a 12 percent increase in U.S. visitors), 2.14 percent in February and nearly six percent in January. Read the rest of this entry »
IFC, a member of the World Bank Group, will provide $20 million to Corporación Aeroportuaria del Este, SA to expand the Punta Cana International Airport and support the Dominican Republic’s tourism sector.
CAE, which owns and operates the airport, will build a new runway and taxiway suitable for larger aircraft and expand the passenger terminal. The expansion will enable increased passenger capacity, improve services, and diversify destination markets. It also will benefit the local economy by supporting tourism, a key source of foreign exchange and fiscal revenues. Read the rest of this entry »
TAMPA – Hard Rock International, owned by the Seminole Tribe of Florida, and Palace Resorts, with resort holdings in the Caribbean, will rebrand the Moon Palace Golf Resort & Spa in the Dominican Republic as the Hard Rock Hotel & Casino Punta Cana by spring 2010.
Terms of the deal involving the 121-acre property, which includes an 1,800-room hotel, were not revealed.
Hard Rock Hotel & Casino Punta Cana will offer more than 48,000 square feet of gaming space, with a high-limit poker room, a VIP lounge, and a race and sports book, along with 457 slot machines and 40 tables. Games will include baccarat, blackjack, craps and roulette.
The Seminole Tribe acquired the Hard Rock brand in 2007 with plans for international expansion of Hard Rock properties. The tribe also owns the Seminole Hard Rock Hotel & Casino in Tampa.
By TED JACKOVICSÂ | The Tampa Tribune
Bavaro - Punta Cana Beach
Why has Bavaro – Punta Cana grown more popular for long term rentals?
Bavaro – Punta Cana being Dominican Republic’s number 1 tourist destinations has settled into one of the top long term rental destinations. More and more long term residents of Dominican Republic and abroad are finding better living standards in Bavaro – Punta Cana areas as opposed to other antiquated areas of DR. Read the rest of this entry »
Following the subprime mortgage crisis, homeowners are still wondering which property to invest in. Prospective homeowners are still confusing. This is because the parameters that are taken into account before you can settle for a house have become highly unpredictable. However, if you are wondering “how much house can I afford“, you can talk to a real estate broker who can guide you in the same. Read the rest of this entry »
Reasons for having a second home in Dominican Republic
Most individuals that purchase a second home is usually for either the investment or for a getaway/retirement purposes or both. This article will discuss some benefits of owning a second home here in the Dominican Republic for the getaway and retirement crowd.
Many that choose to purchase real estate in the Dominican Republic do so because the prices of property are dramatically cheaper than comparable property in most all other Caribbean countries.
Read the rest of this entry »
If you are wanting to buy Dominican Republic Real Estate for Resale follow these tips to find property with good resale value.
A good rule to follow is the location. Location is usually the most desirable factor but the property may not retain the same status forever.
1. What areas are in demand and how long have they been in demand?
2. Are other areas in that town increasing the status of hot areas?
Essential tips for purchasing property for rental in the Dominican Republic
Buying real estate in the Dominican Republic is an excellent alternative investment for those interested in owning a piece of paradise.
Before beginning the search for buying Real Estate in the Dominican Republic, it is best to do your homework and follow the simple rules below.
Simplifying the search for property
