Bank on Punta Cana
Think of an ideal holiday home and you can picture a beach, a condominium, the palms, the clear blue skies, the sun, pleasant weather, and an array of outdoor activities. The place that instantly comes to mind is the Caribbean. What if you could own your dream holiday home in the Dominican Republic? Punta Cana, the easternmost province of the Dominican Republic is becoming the chart-topper of real estate havens for sale. It is best known for its beaches and seaside resorts that offer recreation, sports, entertainment, food, hospitality and safety services, retail and cultural events.
Punta Cana is a beautiful blend of Spanish and native Dominican cultures. The climate is consistent throughout the year with an average temperature of 30 degree Celsius. Because of the flat landscape filled with savannahs and mountains, the rainfall is scanty, thus making it a year round escape end. Tourism here has been booming for the past three decades, facilitating the growth in infrastructure and amenities in the area. Punta Cana is known throughout the world for its international golf courses, amazing sunsets, and fancy hotels. Activities like golfing, water sports, jeep safaris, whale watching, clubbing are exciting but Punta Cana also offers something for visitors with varied interests. It has a The Indigenous Eyes Ecological Park, which has more than 500 species of exotic plants.
The real estate market is thriving on foreigners buying property, as it has extremely low property tax and the regulations are very straightforward toward foreign investors. A small apartment, villa or a condo, in a secluded area near the beach or in the city center, any choice is good. People are buying property as second homes, retirement homes, vacation homes, or just simple investment in the form of vacation rentals. Buying a place also ensures that you no longer have to call hotel after hotel to get a room and pay heavily to enjoy a holiday. The economy of Dominican Republic is very stable and boom in the tourism sector has guaranteed that the resale value of real estate here will stay comparatively steady.
Punta Cana also has its own international airport, making it most convenient to foreigners. Property rates are rising here, but this is the right time to spend and get the best possible price for a dream come true holiday home. In a place like Punta Cana, where there is no excuse not to invest, the “Punta Cana Real Estate for Sale” sign may come down at anytime.