Punta Cana Real Estate
Punta Cana and Bavaro is the new hotspot for real estate investment in the Caribbean. With perfect white-sand beaches, a tropical lifestyle and prices that are comparably lower than other top destinations, Punta Cana offers a real chance to make a quick profit on your investment. Unlike other popular areas such as Spain where it's now far too late to buy at a good discount, because Punta Cana is so new, prices are very keen.
The weather in the Dominican Republic is near perfect all year round and the Dominican people are renowned for their genuine hospitality and friendly nature. Families are welcomed and it's a great spot for either a vacation home or a real estate investment. Buying a property in Punta Cana is relatively easy and there is impedance to foriegn ownership. Many of the new condominium blocks being built have extremely high standards of build quality and extensive facilities. So whether you are buying real estate to live in or rent out, Punta Cana will have something to suit.
Many of the top class real-estate developments have pools, gyms and sauna, and all of the recreational courts like tennis, basketball, football, volleyball, etc. Some Bavaro real-estate developments are offering upto 10% guaranteed rental renturns.
The forecast is that real estate in Punta Cana and Bavaro will increase by around 30% per annum over the next few years, until it reaches a more realistic price range. That means good profits for entreprenurial investors.
Easy flights to the US, Canada, Europe and many major cities from the Punta Cana Interbational Airport make Punta Cana an easy to reach destination.