Punta Cana Growth
Punta Cana and surrounding areas have been making their marque on the international marketplace for quite some time now. The area has long since been a tourist attraction as well as an “opportunity” for vacation homeowners, tourists, investors, and adventurers due to the diversity of the region as well as the relatively low cost of entry into the local economy. Recently (post-global economic crisis) the areas surrounding Bavaro and Punta Cana have seen a surge in infrastructure growth, spurred on by a new political administration.
For example, all the sidewalks are being either re-done, extended, or placed along nearly all of the roadways in densely populated areas. Ths is part of the “original” plan that was released back in 2007-2008. The current President is has finally decided to implement the plan since he has a goal to increase tourism to the Dominican Republic from 4 million to 10 million visitors per year by the year 2020. Consider this; Punta Cana International Airport (PUJ) receives 65% of all the incoming passengers while the other 6 International airports share the remaining balance of 45%.
What does this mean for you? The answer is simple. New infrastructure will bring new demand. Bad locations will become good locations. As the demand for great locations will be on the rise, supply will need to meet that demand. The potential increase in supply within the commercial and private sectors will lead to ever-growing demand in an area with limited land area.
Opportunity is knocking at your door…
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