Ah, the
dream of owning a property in the Dominican Republic. Many think about it,
fantasise about it and tons of investors every year plan for it and go ahead
and buy fabulous real estate in this beautiful country. Punta Cana remains one
of the most popular places to buy property in the Dominican Republic and for a
variety of reasons; the beautiful beaches being just one among many!
The influx
of investors from Europe, Canada and the United States is immense and continues
to grow as people want a little (or big) piece of their own kind of heavenly
retreat in this tropical paradise and Punta Cana real estate is
generally among the top picks.
The Dominic
Republic authorities on the whole make investing here for foreign nationals a
pretty straightforward and simple process. It is also not very difficult
compared to many other countries to get the appropriate visas and even your
residency and work permits. This is definitely part of the charm when considering
a place like Punta Cana to invest in.
A region located in the eastern most end of
the Dominican Republic, Punta Cana houses some of the most popular resort
towns, parks and areas in the country. Miles of sandy beaches, swaying palm
trees and reasonably good weather throughout the year, make it a idyllic spot
for holiday makers and beach bums. These are all good for a holiday, but what
are the aspects that make owning a property part of the Punta
Cana real estate market
specifically worth it, you ask?
Firstly, it
is one of the best regions in the country in terms of connectivity. The Punta
Cana International Airport is known to be the most well connected with regular
scheduled flights from major airlines like United, Jet Blue, US Airways, Delta,
American Airlines and Air Canada to name a few. It is also just a couple of
hours drive away from places like Santo Domingo and La Romana and very close to
big resort areas like Uvero Alto and Bavaro.
Secondly,
since the region sees a large amount of tourist activity every year, if you do
indeed buy a home, apartment, villa and the like here, rest assured it will not
have to go empty for very long. Even if you plan to live here just a few times
a year or sometime in the future, it is not that hard to find vacationers to
rent out your property too. Besides the sheer variety in the kinds
of Punta Cana real estate
available in prime areas, make it easier for you to pick something specifically
geared toward bringing you that additional income.
And thirdly,
the region does not lack for anything. You will find well developed medical
facilities (a must if you plan to live anywhere long term), tons of
recreational activities, loads of restaurants and bars and a bustling
night-life scene. At the same time it offers pristine and serene pockets that
are ideal to simply relax and unwind in.
Definitely
worth considering, wouldn’t you say?!