Dominican Republic Real Estate - Caribbean Investments properties specialist

Partly windy all night and now some gusts up to 15 miles per hour. Basically the hurricane completely missed us and no damage done at all. Lots of leaves and some  twigs blown off trees. The rain stopped about 4 am but was not particularly heavy at all. We got more rain than that last week. So the only real sign that that monster was out here were the mild gusts of winds that were with us most of last night. No rain now and the streets are dry. Even the sun is start to peep out. All calm here in beautiful Las Terrenas and only goes to show we have god on our site and this is earthly paradise. We are off to the beach, I’m sure it will be a good day for buggie bearding. My 4 year old son is going to have a blast, I’m sure the waves will be good today.

Bruce Pierson.

 By Margaret Summerfield
I have a couple of friends who would be the typical tourists who visit the Dominican Republic. They head to Punta Cana each winter to escape the cold and rainy weather back home. They settle into their all-inclusive beach resort, kick back for a couple of weeks, and never venture far from the hotel. They dream of owning a second home on the island but think they can’t afford one. That’s down to the sky-high prices on the properties they look at close to their resort.
Of course, there’s nothing wrong with enjoying that kind of vacation if that’s how you like to relax. But explore the world beyond the luxury hotel, and it’s easy to see that the Dominican Republic offers so much more than the bland, vanilla resort experience.
You see, you can afford a home on the “DR,” even on a modest budget. Simply head to Las Terrenas, in the Samana peninsula.
Las Terrenas is my favorite spot in the Dominican Republic. It’s a true getaway, with golden sands, bright blue sea, and graceful coconut palms. There’s plenty of space to spread out and relax on the gorgeous beaches. It’s a good spot for snorkeling, swimming, and soaking up the tropical sun…
You’ll enjoy eating out, too. The tiny wooden buildings lining the beach look quirky. But step inside and you’re in gourmet heaven. You might find a local bar serving chilled beer, fresh shrimp and lobster….or a fancy place with snowy napkins, soft music and candles.
You can walk to cafes, restaurants, the beach, stores, supermarkets, and nightclubs. Or you could try one of the crazy motorcycle taxis that whiz past, loaded with goods and passengers.
Outside the town, you’ll discover miles of white-sand beaches, and pretty coves. And you’ll see the new highway. It’s almost complete. It will make getting to Las Terrenas quicker and easier.
You can find property bargains in this little corner of the Caribbean. I’m looking at details of a condo my local contact just sent me. It’s in a small complex with a restaurant and swimming pool. It’s only 100 meters from this beach.

It’s on the market for $85,000.

 LOAN REQUIREMENTS

BANCO POPULAR

 LAS TERRENAS, SAMANA PENINSULA, DOMINICAN REPUBLIC

Great article, you can read it in full at our blog.

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http://drparadise.wordpress.com/2007/12/11/loan-requirements-banco-popular-dominican-republic/

 BREAKING NEWS: Las Terrenas.- President Leonel Fernández inaugurated on Thursday the province’s aqueduct, Los Algarrobo aqueduct, and the rehabilitation works of the Catey aqueduct regulator tank. All these works were realized by the Institute of Water and Sewerage (INAPA), at a cost of 5 800 millions pesos.

Look for the fact that deflation has won out (as predicted here for last 18 months) to cause 4 key things to happen.

Balmy breezes, unbelievable beaches, fantastic financial incentives…the utter escape from the mad-dash of the “real world” and a permanent flip-flop lifestyle.

These are just a few of the reasons more and more affluent travelers are choosing to live in paradise.

On the 6th November 2006 the new International Airport of ‘Samana El Catey’ (IATA: AZS, ICAO: MDCY),

The Dominican Republic's Samaná Peninsula has become a magnet for expatriates drawn to its classic Caribbean ambience and for hospitality entrepreneurs looking for the next great place.

According to a British independent research group the Dominican Republic is
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The Ministry of Tourism has ordered the re-paving of 19 kms from
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There are almost no Caribbean political icons with the ability to lead, inspire and unite the disparate Caribbean nations.
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Samaná, the gnarled finger of a peninsula on the northeast shore of the Dominican Republic,

Please check out all of our listings. Some of our new Caribbean investments we are offering

Wanted to let you know we have been able to reach an agreement with a AAA Prime Bank in NYC.
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The El Catey International Airport serving the peninsula of Samana is now open.

Situated some 5 miles west of Sanchez near the little village of El Catey and just before the mountainous peninsula begins, it is only a 30 minute drive from beautiful Las Terrenas.

§ 60-70% LTV 
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Financiers are expressing optimism about tourism to the Caribbean. Speaking at the Caribbean Hotel & Tourism Investment

Public Works Minister Manuel de Jesus Perez said that the Santo Domingo-Samana expressway could be finished by December.
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Construction has accelerated on the arches of Avenida Duarte that mark the limits of Santo Domingo's own Chinatown, slated to be a new tourist attraction of the capital city.
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Flamboyant real estate mogul and television personality Donald Trump arrives in the DR on Friday

Small island, big investment potential 

Kerry Sanders is highlighting how the Dominican Republic is attracting millions as Americans buy up luxury homes now on the market. CNBC carried the TV short that is also covered on their web site. 

The director of the government airport department, Andres Vanderhorst has said that the government has plans to invest US$2.5 million (approximately RD$120 million) in the construction or improvement of airports nationwide.
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German airline Condor has announced its scheduled El Catey, Samana (airport code AZS) flight from Frankfurt International Airport (FRA).
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Guavaberry group president Jesus Rodriguez Sandoval has announced that this year will see the start of construction of a second Gary Player golf course at the Juan Dolio
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Aerodom has announced that the north terminal at Las Americas International Airport would be open for business starting Saturday, 15 July. The expansion of Santo Domingo's main airport cost US$27 million. 
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Tolls on the first 8km completed stretch of the highway that will provide the shortest south-north connection in the country (from Santo Domingo to Samana), is already generating an average RD$65,000-RD$100,000 in tolls.
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Royal Caribbean Line's Grandeur of the Seas will be making a stopover in Samana in 2007 as part of a nine night cruise to the Caribbean underway from 18 May through 16 November of that year.
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Counting on the slated November 2006 opening of the El Catey, Samana airport, the Grupo Pinero that operates the Bahia Principe brand in the Dominican Republic has announced it is making a US$60 million investment to purchase and remodel four hotels in Samana, with 900 rooms.

Spanish-based Pineyro hotel group's Bahia Principe chain has taken over the Portillo Beach Resort in Las Terrenas, Samana.

The World Bank has approved the US$151 million loan needed to finish the highway from Santo Domingo to Samana. The loan guarantee goes into effect, according to El Caribe, in 2007.

SANTO DOMINGO, Dominican Republic -- New Resort Marks Eighth Property in the Company's Portfolio and Fifth Property in the Dominican Republic