The Meriots looking for a property in Punta Cana with the help of Sabine Gruss from Trust Realty on House Hunters International. Part 1
Duration : 0:8:13
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Duration : 0:7:34
http://www.GoPuntaCanaRealEstate.com
Can this be the Dominican Republic in the future?
Why Invest in Dominican Republic and Punta Cana Real Estate
GDP Growth at around 8.5% (2007)
Strategic Geographical Location
Increasing Foreign Direct Investment
$1.02bn 2005 – $1.18bn 2006 – $1.39bn 2007 – Over $2bn in 2008 (predicted)
Stable Democratic Government. Stability = Growth in the Economy
Strong Ties with USA, UK and Canada
Lower property prices than rest of the Caribbean Islands.
Low Cost of Living & Tax Exemptions
Capital Growth 20-25% per annum
Wall Street Journal Predicts up to 50% growth
Business Tycoons Flocking to the DR
Donald Trump $2bn Investment
Year Round Tropical Weather and Tranquil Lifestyle
Most Visited Country in the Caribbean
2.6 million January-August 2008 (Up 4.5% from 2007)
4.5 Million Visitors in 2007 with 52% arriving in Punta Cana
Between January and August 2008 2,567,050 tourists visited the Dominican Republic. 4.5% increase compared to the same period in 2007, when 2,455,932 tourists visited.
Over half the tourists came through Punta Cana International Airport (54.7%), while the remaining amount came through Las Americas International Airport (19.3%), Puerto Plata (15.8%) and La Romana (5.5%).
According to the Ministry of Tourism, the Russian tourist market grew considerably in 2008 with an 83% increase in Russian tourists compared to last year, Ukrainian tourism is up 11% and Polish tourism is up 92.5%.
From Latin America, there were also increases. There were increases from Brazil (up 32.5%), Ecuador (up 37.9%), Mexico (up 15.5%), Chile (up 44.8%), Argentina (up 38.1%) and Colombia (30.1%) as air links improved.
Tourism Demand Growth of 3.4% per annum through 2017
10 International Airports with Preferential Access to the United States, Europe, Central America and the Caribbean
In addition to Spanish as the official language, English, German, French, and Italian are widely spoken
Proximity to 300 million North Americans who make up nearly one third of visitors
2.2% more Europeans visitors in the first quarter of 2008 than the same period in 2007
12 month holiday season allows for the highest possible rental yields – avg 7% per annum
Strategic Maritime location means some 30,000 yachts pass by the DR annually. Most new marinas sold out well before completion.
Modern transportation infrastructure (Airports, Ports, Highways)
Advance telecommunications infrastructure
Support services (Bank, Airlines, Maritime services, Universities, Real Estate)
More maritime and flight connections than any other Caribbean location
DR crime rates low in comparison to Caribbean Neighbors
United States as main trade partner (5th largest trade partner of in Latin America and Caribbean); 11 Billion annually prior to new DR-CAFTA.
Duration : 0:1:23