The dominican republic leads foreign investment in the caribbean

The Dominican Republic attracted the most foreign investment in the Caribbean during 2011.

Great news for Dominican Republic commercial real estate investors!


In total, some US$2.3 billion were invested in the country, a 20% growth over 2010 figures.

The Dominican Central Bank reported that in the last 15 years the tourism industry has brought in the most investment.

This figure does not include important foreign investments in real estate tourism projects.

The information appears in a recent report issued by the Economic Commission for Latin America and the Caribbean (ECLAC), which also reveals that overall investment in the region grew by 20%, in comparison to 2010 figures.
The country’s Central Bank explains that tourism has for the past 15 years been the economy’s most dynamic sector.

The report also explains during 1998 – 2010 overall foreign investment was US$17.1 billion. Of this amount, US$3.2 billion were channeled to tourism projects.
Experts estimate that the amount invested in the tourism sector is much higher than what has been reported due to increased foreign investment in tourism real estate projects during that same time period, totaling US$2.4 billion.

From Dominican Today:
the dominican republic leads foreign investment in the caribbean

Fernandez breaks ground for US$65.0M Carnival cruise terminal - DominicanToday.com

Puerto Plata, Dominican Republic. - President Leonel Fernandez and Carnival Cruises Corporation vice president David Candib headed the groundbreaking for a modern cruise terminal, to be built at a cost of US$65.0 million.




In the keynote speech, Tourism minister Francisco Javier Garcia said the port to be built at Maimon Bay will create around 800 direct jobs and will be concluded in the first months of 2014.



He said the facility is expected to receive around 250,000 cruise passengers every year, and in his view will significantly contribute to Puerto Plata’s economic development and its residents' well-being.



The future terminal will give Puerto Plata’s tourism industry a much needed boost, Garthe official said, adding that it will consolidate the tourism infrastructure nationwide.


Fernandez breaks ground for US$65.0M Carnival cruise terminal - DominicanToday.com

$280,000 - Stunning Ocean Front Condo

$280,000 - Stunning Ocean Front Condo

Beautiful Ocean front Condo In Cabarete - $280,000 - NEGOTIABLE

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Condos for Rent/Lease in Sosua Oceanfront, Sosua, Puerto Plata $2,800 monthly

Condos for Rent Cabarete: "Oceanfront! Very Remax Ocean Side Realty - Dominican Republic Real Estate
Dominican Republic Real Estate by Remax

Details


Address: Stunning 4 bedroom Penthouse Type: Condominium Style: Bedrooms: 4 "or 3 plus media room" Bathrooms: 3 Size: 307 sq. m. Lot Type: Rectangular MLS®: RLT4-01 Available Date: 11/14/2011


Description


This luxurious spacious beachfront penthouse in Playa Laguna is truly spectacular.

307 sq m on 2 levels featuring luxurious construction, fully air conditioned

1st floor: Living room 48 sq mtr, with covered terrace 23 sq mtr; Kitchen equipped to a very high standard; 2 bedrooms, bathroom and laundry room (with washing machine and dryer)

2nd floor: Open terrace 38 sq mtr with private Jacuzzi; Bedroom with ensuite bathroom; Other bathroom; TV room 41 sq mtr (could also be used as a 4th bedroom) with open terrace.

The complex features an infinity swimming pool and separate children pool; shaded rest area; 2 car parks; elevator; 24 hr security

Contact us at Remax Ocean Side for more information on rentals in Cabarete

Dominican Republic Relocation Services

Dominican Republic Relocation Services: Rental Properties and Relocation Services

Dominican Republic vacation rentals are in high demand on the north coast. Below we have a sample of our rentals including, beach condos, luxury villas, holiday flats and homes for rent. The prices are listed either by week or by night as most rentals are holiday rentals and only available short term. If you do not find a property that meets your needs contact us and let us know your criteria and we will do our best to find you exactly what you are looking for to make your vacation here in the Dominican Republic perfect!
For those of you who are relocating to the Dominican Republic, you've found the solution. Relocations by Re/Max has helped dozens of families to relocate to the North Coast of the Dominican Republic and our relocation coaches offer a full service solution including but not limited:
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We have beachfront condos from $600 per month for a long term rental

Amazing Views from Ocean Point Condos in Cabarete

Ocean Point condos in Cabarete, hands down have the most incredible views. Contact me today for more information on these incredible apartments. Definitely a great deal in Dominican Republic real estate

Hurricane Irene passing the Dominican Republic

These are pictures taken this morning at 6:30am (August 23, 2011) as Hurricane Irene passed within 50 miles of the north coast of the Dominican Republic as a category 2.