| In The
Dominican Republic |
| Touring
The DR With An Eye On Investing |
| By Kit Howard |
| Christopher
Columbus knew about it over 500 years ago ... Julio Iglesias recognized
a gem when he saw it (and founded tremendously successful Punta Cana)...
Germans and Italians vacation here in great numbers ... Europeans build
second homes or retirement havens here, and have been doing so for many
years.
I first visited
the
Dominican Republic over 15 years ago, and found it naturally beautiful
with a perfect balance of stunning beaches and towering forested mountains.
Steeped
in history, boasting the first European city founded in the Americas,
the island was breathtaking ... but I didn’t have the foresight to see
the potential, nor the cash to implement a dream if I had. |
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| It took
others to do this first ...
And now large
numbers of Europeans are profiting from a destination that has largely
been a secret for Americans ... and it’s still as breathtaking as it was
then.
For instance,
I found a two bedroom, 3 bath home a short walk from the beach in Punta
Cana for $115,000. If an apartment is more your style, I found studios,
one bedrooms, up to two bedrooms, with one to two baths, in the same area
(many
completely furnished and outfitted with cable TV), ranging from $28,000
up to $180,000 (right on the beach).
On the pristine
Samana peninsula (dotted with four charming small towns), I found
a three bedroom retreat on nearly 3/4 acre for $77,000 ... and a rustic
home a short walk from the pier for $22,000.
Or you can
build your own castle on a good size piece of property -- offerings are
all over the place, and fit any pocketbook. |
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| Today this
undiscovered jewel (called the “DR” by locals), is an island of
upscale hotels and resorts.
Over 15 parks
and reserves, more than 7 golf courses, 21st century communication capabilities,
every amenity you’re used to having at home ... and those drop dead beaches
and forests mentioned above.
But the biggest
surprise of all is it’s still affordable.
When you schedule
your DR appointment, you might should check out the area around Juan Dolio
(not
far from bustling Santo Domingo), and the magnificent Samana peninsula.
Be sure to
include Punta Cana too -- developed with tourism in mind, there’s great
potential here for investment, a second home, or the perfect retirement
villa. |
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Offshore Resources Gallery
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| Whatever
you do, don’t miss taking a tour of the Zona Colonia area of Santo Domingo.
whether you’re
a history buff or not, you can’t help but be impressed by the charm and
grace of a city steeped in antiquity.
No, I’m not
a real estate agent, nor major investor -- I travel the world writing for
people about hidden places where the living is good and the tariff is reasonable,
places I’d like to live myself.
I think
the DR makes an excellent place to live and relax with prices you’d
be hard pressed to find any where else in the Eastern Caribbean.
You can discover
the island on your own, starting from scratch ... or you can travel with
Tropical Pathways.
They visit
the same places I’ve told you about offering trips for small, select groups
of investors, retirees, and to those searching for a second home. |
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| They visit
Panama, Roatan (in the Bay Islands), and, just recently, the Dominican
Republic.
For more information
on trips tailor-made for the smart investor, contact them at lyle@tropicalpathways.com
or
call direct at (830) 980-5936. sOr visit their website at www.tropicalpathways.com.They
have a trip scheduled to the DR on April 27th.
If you go
on the Tropical Pathways tour to the Dominican Republic, you’ll get
to meet and question one of the top experts on the area, John Schroder
And he doesn’t
pull any punches.You’ll also meet lawyers, real estate experts, other expats,
and business people who will tell you everything you need to know. |
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Offshore
Resources Gallery
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| Also, while
you’re there, be sure to sample the DR’s proudest offerings -- fine amber,
refined rum, and some of the best cigars in the world. |
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Article
Index ~ Dominican
Republic Index ~ |