Dominican Republic
Tourism in the Dominican Republic continues to grow and the latest figures show that the industry experienced record growth in 2008. A combination of government and private sector investment has ensured a steady rise in visitors to the Dominican Republic. With tourism levels expected to reach 5 million by 2012 the Dominican Republic remains a great place to invest in property.
The Dominican Republic is located in the same waters as Cuba and Puerto Rico, taking up the eastern two-thirds of the island that it shares with Haiti. The dominion Republic enjoys a lush interior with a mix of caves, Victorian gingerbread houses and the lore of pirates, plus 900 miles of coastline along its brim, island highlights include riding a cable car up to Mount Isabel de Torres and basking on the stunning Saona Island. The Dominican Republic’s natural beauty, great beaches and fantastic weather have helped it become the popular tourist destination it is today and there are now many hotels and resorts across the country to cater for the booming tourism industry.
In general the climate is tropical with hot temperatures year round and two distinct seasons, one wet and one dry. Temperatures vary little across the year but generally the early wet season is the hottest time and early dry season the coolest, these ideal conditions are great news for investors wanting to rent out their properties throughout the year.
Why invest in the Dominican Republic?
- Booming tourist industry
- Low property prices
- Fantastic beaches
- Considerable government investment in infrastructure
- Year round climate ensuring easy rentals
Developments in the Dominican Republic
Dom. Republic Guide