The Dominican real estate market has always benefited from the country’s potential for tourism growth as well as low property prices, the lowest in the Caribbean.

Tourism Increase, Dominican Real Estate to Follow

Speaking at the recent Dominican Annual Tourism Exchange in Punta Cana, Minister of Tourism Francisco Javier Garcia indicated that tourism has increased every month since September of last year. He also indicated that the country remains committed to developing its infrastructure, evidenced by the recent announcement that $12 million is to be invested into 58 new projects. Investments include the Atlantic Boulevard to join the North Coast to the Samana Peninsula, refurbishments of major highways and roads, and improving accessibility in the country’s 8 airports.

Buy Dominican Real Estate Now

The government’s commitment to developing the country’s infrastructure as well as the trend of increased tourism numbers are important factors influencing the desirability of Dominican real estate. As that desirability increases, so will property prices so buy now to avoid that increase.

Author: Rob Chenvert