Santo Domingo continues with a clear tourist growth due to an increase in hotel capacity. Similarly, the city continues to consolidate itself as a tourist, cultural, gastronomic and entertainment destination, with new interventions in monuments and important events that have recently taken place which help boost this type of tourism. The opening of 5 new…
According to Oxford Economics, in Latin America, the fastest growing city will be Santo Domingo, the capital of the Dominican Republic, which will grow 4.9% annually on average to 2035. In the report «Which cities will lead the world economy in 2035?», the referred global forecasting consultancy based in the UK also reported that Port-au-Prince…
Dear Island Life Realty Reader, In Santo Domingo you’re able to command rental rates comparable to what you could get at a beachfront unit in, say, Punta Cana or Las Terranas… but, because your overall minimum investment requirement is much lower, you’d get double the ROI. I also like Santo Domingo because you’re able to market your…
Last week, I was on the phone with a client who was dead set on purchasing a beachfront apartment in Punta Cana. He was considering this unit as a short-term rental income investment. The cost of the unit was a little over US$250,000… and that didn’t even include furnishing costs. I told him that if…