Dominican Republic property investment gets a boost

Thompsons, the travel giant have announced new routes in their premier range, the crème de la crème of package holiday experiences. One of the new packages is to Samana in the Dominican Republic, which is great news for the Caribbean Republic trying to emerge onto the global property scene.

The announcement will help the Dominican Republic in that aim no end, because one of the only downsides of holidaying or buying property in the Dominican Republic is the high crime rate, including corruption, which the government and population have been working hard to bring down to a level less detrimental to the country's future.

The fact that Thompsons plans to send its Platinum customers to the country, tells the world in no uncertain terms that the government and population at large have been largely successful in their aims. This will do massive good to the Dominican Republic's reputation on the world stage and now the country can be looked at purely on its strengths.

Dominican Republic was previously the most affordable location to buy a Caribbean beach house, but that title has just been stolen by Margarita. Nevertheless, Dominican Republic's new found peace and stability will increase the chances that, despite its prices being slightly higher than Margarita, it will be able to hold its own and attract more than its fair share of international property investors.

David Stanley Redfern Ltd have just what they are looking for. Two developments, one right on top of one of the Dominican Republic's best and most popular beaches, namely Cabarete, and the other not much further away but also close to Sosua beach – both of which are in the town of Sosua.

The beachfront property is the Oasis, a development of 1-3 bedroom beach houses on a fully equipped, enclosed resort, with prices starting from just £67,000. Go just that little bit further back from the beach, and you can get a 1 bedroom apartment, again on a fully equipped resort for under £30,000.

For more information, visit www.davidstanleyredfern.com/investment-property/dominican-republic/