Land in Punta Cana
Are you looking to invest in some land? Do you want an appreciation rate of over 15% per annum for your investment? Do you think investing in a foreign country is the answer for you? Are you looking online for real estate investment opportunities? If the answer to all the questions above is yes, read on and find out how Punta Cana is climbing up the list of best places for real estate investment in the world. Today, villas, condominiums, apartments, commercial spaces and land in Punta Cana are in high demand. Investors from the world over are no longer looking at this part of the Dominican Republic just as a tourist spot, but also as a real estate goldmine in the heart of the Caribbean.
Some of the clear advantages Punta Cana has over other places in the Caribbean are that firstly, it houses seven international airports, other domestic airports and private charter facilities for the convenience of people living in farther destinations. Visitors have a wide choice of flights, airlines, etc. to visit the DR. Secondly, as compared to the rest of Caribbean, Punta Cana is not as commercialized. This gives the place a yesteryears’ charm and laidback ambiance that make it a favourite holiday destination. Thirdly, it is also comparatively cheaper than some of the other popular tourist destinations. This makes it an ideal place for vacationers looking for a luxurious holiday without spending a bomb. And lastly, according to the laws of DR, annuitants and retirees of foreign source are entitled to a number of benefits and incentives if they invest in real estate in the country.
With millions of visitors each year and a thriving economy, investing in real estate in DR has loads of practical benefits. Investing in land can be wise considering the rate at which the country is developing. Of course, it is always better that you buy the property keeping in mind its purpose at a later date. For example, buying land near the heart of the city is great if you are looking to convert it into a commercial venture. On the other hand, if you are thinking of building a small villa and renting it out as a vacation home for tourists, it is best to find a location near one of the beautiful beaches.
You can look for some professional assistance to zero in on the perfect piece of land in Punta Cana. Real estate agencies can also help you get a mortgage for the property at a reasonable rate. Some real estate agencies can also aid you with legal formalities for the transfer of property, sales contracts, etc., for your peace of mind.