Dominican Republic ‘best value for money in Caribbean

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The Dominican Republic is one of the best investment opportunities in the Caribbean as it is “one of the better value for money islands” in the region. Tourist numbers are increasing and the spending from American tourism is set to rise on the island, according to Tony Knowles, the director of London International Property. He added that the north of the island was receiving much high-end investment, in the form of golf property and health spas. “In terms of land-pricing, it's one of the better value for money islands in the Caribbean, certainly relative to Barbados, St Lucia, St Kitts et cetera. Land-wise it's great value for money,” said Mr Knowles. He also advocated the guaranteed rental return and buy-to-let opportunities. “It's a very safe country and it's renowned as being one of the friendliest in the Caribbean and there's potential for growth. Buy-to-let in the Caribbean stands up anyway. It's one of the biggest tourist destinations worldwide and has one of the longest rental seasons.”