Economic growth Since 2012, the Dominican economy has been the fastest growing in Latin America, with average GDP growth of around 6% over the past decade. The country has based its economy on agriculture, trade, the service sector and the tourism industry, with a strong emphasis on free trade zones, mining and tourism. Lately, the country has recorded sustained economic growth, with GDP rising to...

Real estate investments in the tourism sector in the Dominican Republic benefit from a number of tax advantages. Here are some of the main tax advantages offered, on certain real estate projects, under the CONFOTUR law (Concesiones Fiscales y Otras Facilitaciones para el Desarrollo de Proyectos Turísticos), which aims to stimulate the development of tourism infrastructure in the country: Exemption...

The 5 best real estate projects in Punta Cana are the following, along with their reasons for popularity: 1. Ocean Bay Noval Properties project offering 1, 2 and 3-bedroom beachfront apartments with a host of facilities including a beach club, spa and gym. Ocean Bay is a luxury residential development in Punta Cana, Dominican Republic. Located on the famous Bávaro beach, it offers an exceptional setting...

The outlook for real estate development in Punta Cana is positive due to several key factors. Firstly, the region's tourist appeal, with its beautiful beaches and well-developed tourism infrastructure, is attracting investors and property buyers. The Dominican government has put in place investment-friendly policies, including tax benefits for international investors, which encourage the purchase of...

Real estate investors in Punta Cana are diverse, ranging from individuals looking to acquire a property for vacation or retirement, to international companies and investors who see the area's potential as a premier tourist destination. Individuals Individuals often invest in properties such as apartments, condos or vacation homes, with the intention of using them for their own vacations or renting them...

The latest on Real Estate Punta Cana reveals a vibrant market with a variety of properties and investment opportunities. Punta Cana, in the Dominican Republic, is a popular destination for both tourism and real estate investments, thanks to its beautiful beaches, warm climate, and luxury lifestyle. Recent reports and analyses highlight a growing population, both local and expatriate, indicating a strong...