Dominican Republic Real Estate

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What was once a sleepy Caribbean country is now one of the top tourist destinations in the world. The Dominican Republic economy has exploded with construction projects, and the influx of tourism by air and sea has given the country a huge financial boost. Just today, the popular Marriott chain announced that they will be opening a world-class luxury hotel in Santo Domingo, which should be completed in 2014. Among other developments include improved ports along ocean cities to accommodate larger cruise ships and the passengers they carry.

With the increase in development and economic activity, new areas of business development are opening across the country. Existing business are expected to grow in size, new industries will begin to emerge, and the nation should have a much more diverse and stable economic base in the coming years.

With all this good news for the Dominican Republic, it can be expected that real estate property will become more valuable. If you're looking for a change of pace, take a look at some great Dominican Republic real estate and see if the Caribbean life is a place for you!