THIS IS THE OFFICIAL OBELISK INTERNATIONAL BLOG: A COLLECTION OF PRESS RELEASES, ARTICLES AND OTHER USEFUL CONTENT PROVIDED BY OBELISK INTERNATIONAL. OBELISK INTERNATIONAL PROVIDES INVESTORS WITH OPPORTUNITIES TO INVEST IN CAREFULLY SELECTED REAL ESTATE PROJECTS FROM AROUND THE WORLD.

Thursday, August 02, 2007

Dominican Republic Property a Caribbean Dream with Year Round Profits

A popular destination for UK & USA tourists, Dominican Republic property reports suggest hot profits in the rental market

Visitors to the Dominican Republic can already benefit from a stunning year-round climate, crystal clear blue seas and long stretches of pure white sand. But now more benefits are emerging as the island is re-marketed as an exciting new investment property hot spot.

From an investment news perspective, the high rental values the Dominican Republic enjoys could ensure a consistent profitability. The Dominican Republic has also been placed in the Channel 4’s Top Ten Emerging Property report, which portrays the island as a firm favourite with the overseas investment experts. This enthusiasm is also being expressed by TV property expert Zilpah Hartley, who has reported that property values are up 20% within a space of a year.

The Dominican Republic is home to multi-billion dollar residential developments and as Zilpah Hartley reports, you can purchase within these high quality developments "without breaking the bank." According to property reports, in The Independent newspaper, new builds in the exclusive resorts can cost as little as half the price of a home in the UK or Ireland for a one or two bed-roomed apartment.

In response to the real estate projects, a recent investment of around £2.5 million into the infrastructure of the island will help attract more property investment. Zilpah added that "development and investment have hit new highs with upgrades to international airports and roads and the creation of new golf courses".

This has bolstered a thriving tourist industry and with seven international airports, with a multitude of airlines travelling to the island, it is no surprise that tourism numbers are increasing by an average of 6% per annum.

For more information on global investment opportunities and to find
out about Obelisk International’s latest projects, contact:
Obelisk International on 0808 1600670 or info@obeliskinternational.com

0 Comments:

Post a Comment

<< Home