Exceptional rental potential property at LOW price

This charming villa is located in a highly popular international gated community located between Sosua and Cabarete and just a short drive to several beaches and has just been reduced to an incredible US$155,000.

This secure project is especially geared to a high class rental market but also provides permanent homes to a range of nationalities.  With a rental pool and onsite management service, the worry is taken out of owning an investment property overseas.

With open plan living and dining area, well-fitted kitchen, two comfortable bedrooms and bathrooms, along with outdoor living space and pool, this property is a gift for the price.  Click here for more details of the property and contact us to learn more about the project and property management services.

Dominican Republic real estate expert profiled for show

West Indies Real Estate was publicised in the following way by the show organisers.

Established in 1985, West Indies Real Estate has remained at the forefront of real estate brokerages in the Dominican Republic. A Company that prides itself on giving a full service facility and on going support to its clients, it has earned its excellent reputation over a 25 year period.

The Company has three partners Jose Loinaz (Land acquisition),  Paul Hogg (Projects Management and Financial analysis) and Judith Fox-Hogg (Sales & Marketing).

Isla Elisabeth - Featured property

Isla Elisabeth Village is comprised of 2, 3 and 4 bedroom villas, townhouses and apartments set in carefully landscaped grounds offering walkways, parkland and hillside scenery to delight the senses.

VILLAS: Show special turnkey furnishings package - 40% Off! • 3 Bed/2Bath • private landscaped garden • utility and storage rooms • covered terrace overlooking swimming pool (shared) • parking plus visitor parking •  large master with ensuite • 24 hour security • rental management available.•  Regular Price: $168,000. Save $20,000!

SHOW SPECIAL: $ 148,000.

TOWNHOUSES:  Show special turnkey furnishings package - 40% Off! • 3 Bed/3Bath • private landscaped garden • utility and storage rooms • covered terrace overlooking swimming pool (shared) • open terrace on second floor • parking plus visitor parking • large master • 24 hour security • local woodcraft and hand laid stone throughout to create a rustic feeling. Regular Price: $ 168,000. Save $20,000!

SHOW SPECIAL: $ 148,000

CONDOS: Show special turnkey furnishings package - 40% Off • 2 bedrooms/2 bathrooms • Full ownership and Title • Ground floor apartment with covered terrace 106m2 • Second floor apartment with open terrace 96m2 • Landscaped communal gardens and pool • Fully fitted kitchen with dishwasher, microwave, fridge and cooker • Large living area with oversized terrace • Storage room • Only two apartments per building, overlooking the swimming pool • Parking space for each apartment •  Regular Price: $ 115,000. Save $20,000!

SHOW SPECIAL: $ 95,000

 

Spacious 3 bedroom villas in wonderful Andalucian style village community

Located in the rolling hills just above Sosua, this new gated community offers a new standard of comfort and spaciousness.  These villas represent exceptional value and for the next few weeks we are able to offer a further Launch reduction of $20,000 on pre-construction prices.  So, for an unbelievable US$148,000 you are able to purchase a brand new, luxurious 3 bedroom villa in a secure community.  This incredible price includes all of the following  features:

 Villa specification:

West Indies Real Estate is the exclusive Managing Agent for Isla Elisabeth, the most exciting new project on the north coast.  Contact us for further details.

 

Wonderful 3 bedroom townhouses in new style of gated community

These stylish townhouses, set in lovely Caribbean scenery,  are hard to beat on price and for the first few weeks of the launch it is possible to secure a US$20,000 reduction on the pre-construction price.  So, for just US$148,000 you can enjoy all of the following features:

Townhouse specification:

 

Isla Elisabeth is an Andalucian village set in the hills of Sosúa, close to town and nearby schools.

Two bedroom condos are being offered at the special launch price starting at  US$95,000, a US$20,000 reduction on pre-construction prices which will only last until April.

These beautiful condos are well-spaced around a free-form communual pool and offer great privacy with just two units in each building.  This village offers a new standard in gated communities and is sure to sell out fast with such superb features. 

Apartment specification:

Superb Condos, Townhouse and Villas at incredible prices

West Indies Real Estate is proud to announce that they are the Managing Agents for the most exciting new project to hit the north coast of the Dominican Republic in a long time.

Located in the rolling Caribbean landscape just above Sosua, Isla Elisabeth offers a range of amazing properties starting at just US$95,000 for a two bedroom condo.  However, these are special introductory prices and will go up in April, so be sure to take advantage now.

Isla Elisabeth is an Andalucian style gated village, designed by Spanish architects and a German Developer, being built in the hills of Sosua close to town and schools.

Small clusters of 2, 3 and 4 bedroom villas, townhouses and apartments are set in carefully designed grounds offering walkways, tropical landscaping and hillside scenery.

 Village amenities:

This is your first chance to register and hold the Launch price before they increase by US$20,000 on each property type. Contact us for full details and to reserve your option.

This is a real step up in gated communities - property specs to follow in further blogs.

The Pan American Health Organization (PAHO) said last week that tourism in the Dominican Republic was at "no risk" after the earthquake of Jan. 12 in Haiti that left about 217,000 dead.

The representative of PAHO in the country, Merlin Fernandez said there was no risk at all for tourists visiting the Dominican Republic, "because all health measures to be taken in such cases have been implemented  by the Government Dominican in an effective way."

Fernandez said in a statement that the Dominican and Haitian authorities, with support from aid agencies, have secured  epidemiological control at the border and affected areas with robust actions to prevent disease outbreaks.

The Dominican Government has implemented diphtheria and tetanus vaccines for the entire population without distinction of any kind along the entire border, and has also taken steps to prevent outbreaks of waterborne diseases and other transmitted diseases as well as tuberculosis," he said.

The representative of PAHO reported that while the Americas region is considered polio-free territory, a passive surveillance is maintained.

With regard to malaria, Fernandez was satisfied that appropriate measures were in place at the border to protect everyone, including the aid workers, traveling to and from Haiti.

He said that it will take significant efforts to rehabilitate the victims, while he also stressed the need to provide mental health support due to the impact of the tragedy on the earthquake survivors.

    View from Condo

This super, oceanview, duplex condo, located close to Playa Encuentro, THE best surfing beach on the north coast of the Dominican Republic, is now offered at the very competitive price of US$110,000, down by US$25,000 for quick sale.  Perfect as a permanent home, vacation getaway or a highly rentable investment property.

Click here for full details.

Close to best schools on North Coast

Located in a very popular, international neighbourhood just a short drive from downtown Sosua, this super villa has recently been reduced in price by US$35,000 and is now offered at the very realistic price of $240,000.  Click here for full details.

New honour for Dominican Republic

President Leonel Fernandez proclaimed Santo Domingo as the Cultural Capital  2010 during a ceremony at the Presidential Palace recently.

Last year the International Bureau of Cultural Capitals in Barcelona chose Santo Domingo to become the first Caribbean and Central American nation to receive this title.

Speaking at the start of the ceremony, Bureau of Cultural Capitals President, Xavier Tudela, said that the Dominican Republic has cultural values for all of the world to see, and that the title will ensure that they will be further projected overseas. 

Along with the well-recognised areas of culture, the Dominican Republic also has some more unusual cultural sights to offer its visitors, such as dancing on rum or beer bottles, as shown in the photo above.  This event regularly takes place at a restaurant in Santo Domingo and was watched recently by West Indies Real Estate's Judith Fox-Hogg and Paul Hogg.  The Dominican Republic has something for everyone!
 

Ikea opens tomorrow

President Leonel Fernandez and First Lady Margarita Cedeno are expected to attend the opening of Ikea in Santo Domingo tomorrow. The new store will be the first Ikea in Latin America. The Swedish furniture and home decoration store is expected to set new standards for shopping in Santo Domingo and strengthen the city's positioning as the new shopping capital of the Caribbean.

West Indies Real Estate welcomes this development....we will shop until we drop!

Reconstruction of Haiti should involve Dominican Republic

The Herrera Industrial Association (AEIH) is suggesting that the international community and the Dominican and Haitian authorities propose the creation of an agreement for a long-term development plan involving both countries. According to El Nuevo Diario, the rebuilding of Haiti has to go beyond short-term assistance in order for the country to achieve long-term economic independence. The AEIH, headed by Miguel Cabrera, warned that no matter how much money is spent or how much international aid is channeled into Haiti, the effects will not be sustainable in the long term unless a plan is developed that involves both countries in a strategy that raises production, strengthens commerce and creates jobs on both sides of the island.
The AEIH has expressed its support for the stance taken by Andres Vanderhorst Alvarez, the head of the National Competitiveness Council, who suggested the creation of a development plan that includes elements of production as a complement to the Dominican Republic’s Competitiveness Plan. He proposed the creation of a Hispaniola Cluster so that the two countries could insert themselves into the international marketplace.

The AEIH emphasized that the plan would in no way affect the sovereignty of either country.

West Indies Real Estate has been very impressed by the efforts of the Dominican population, both Dominicans and ex-pats, to provide help following the Haitian earthquake, which occurred on 12th February.

Own a condo but want to build a villa?

Then this may be just the chance for you.  This lovely building lot is offered at a reduced price and the owner may be willing to part exchange for a condo. 

Located in a beachside residential development between Cabarete and Sosua on the north coast of the Dominican Republic, this property offers the perfect opportunity to build the home of your dreams to your own design.  Now reduced to $99,000, this well-proportioned lot represents good value in an area of prestigious homes.

Please contact us, quoting Ref: 2577, for further details of the property, area and possibilities of part exchange.

Tourist services have "improved markedly" in Dominican Republic

A large delegation from the Dominican hotel industry attended the XXX International Tourism Fair (FITUR) that was held in Madrid, Spain. Tourism Minister Francisco Javier Garcia hosted a luncheon for the presidents of Spanish hotel chains that operate in the Dominican Republic and a dinner for the Dominican delegation. During the luncheon, the Spanish guests said that tourist services in the country had improved markedly over the years and they said that they appreciated the fact that the Dominican government had taken an interest in protecting the industry. They also commented that the Dominican Republic had increased in quality as a destination over the past 2 or 3 years.

Javier Garcia announced the conclusion of Territorial Zoning of the tourist areas, including the National Signage Plan that will enable overseas visitors to travel around more easily.

West Indies Real Estate lists many properties suitable for purchase as vacation rental invsetments.  Please contact us for further details.

Better communications on the way

Telecoms company Orange Dominicana has announced an investment of more than US$900 million in telecommunications development in the country, in projects that include the launch of the novel technology known as 3G+, enabling customers to access the internet simply and flexibly.
The access to one of the latest advances in telephone technology will be available to Dominicans beginning next month, as announced by the company yesterday as they hailed the facility that will be offered to the public as one of the decade’s major achievements.

The latest third generation technology Orange Net 3G+, available from February, will provide both data and voice transmission, via phone calls, video downloads, email exchanges and instant messaging, from a laptop, in the home or on a mobile 3G.

Making the announcement, Orange Dominicana president Jean Marc Harion and Orange International president Olaf Swantee stressed that Orange customers would be able to enjoy the Orange 3G+ technology, accompanied by the largest GSM network in the country, and with the greatest value-added options and facilities in the market and resulting in an optimum communication experience. Orange investments in 3G+ are worth more than US$25 million, adding quality to the communications infrastructure in the country. The initial investment made in 2009 with the frequencies in the 900MHz band cover the National District, Santiago and Bavaro. In 2010, the coverage should extend to the main areas of the country and provide service to 50% of the population.

For more on communications in the Dominican Republic, from a West Indies Real Estate perspective, click here.

West Indies Real Estate welcomes Ikea to the Dominican Republic

Ikea will be opening its first store in Latin America this coming Wednesday, 17 February. The catalogue features prices equal to those offered in Europe, in many cases well below prices in other stores in the Dominican Republic. As of Friday, 29 January, Ikea will be distributing 300,000 copies of its 376-page catalogue to homes in Santo Domingo.  Also, the catalogue can be accessed online.

Marketing director Julissa Taveras said that Santo Domingo was chosen because the company sees the DR as a progressing country that is full of opportunities, as reported in Listin Diario. She said that the company is open to the idea of sourcing goods from Dominican suppliers at some future point.

For the Dominican market, the company has hired a Spanish company to provide furniture and goods assembly services.

West Indies Real Estate has its own in-house Interior Design expertise in the form of Broker/Owner, Judith Fox-Hogg, who is a Fellow of the Institute of Design.  We are happy to advise on your requirements when you are purchasing property from West Indies Real Estate.

The Herrera Industrial Association (AEIH) is suggesting that the international community and the Dominican and Haitian authorities propose the creation of an agreement for a long-term development plan involving both countries. According to El Nuevo Diario, the rebuilding of Haiti has to go beyond short-term assistance in order for the country to achieve long-term economic independence. The AEIH, headed by Miguel Cabrera, warned that no matter how much money is spent or how much international aid is channeled into Haiti, the effects will not be sustainable in the long term unless a plan is developed that involves both countries in a strategy that raises production, strengthens commerce and creates jobs on both sides of the island.
The AEIH has expressed its support for the stance taken by Andres Vanderhorst Alvarez, the head of the National Competitiveness Council, who suggested the creation of a development plan that includes elements of production as a complement to the Dominican Republic’s Competitiveness Plan. He proposed the creation of a Hispaniola Cluster so that the two countries could insert themselves into the international marketplace. The AEIH emphasized that the plan would in no way affect the sovereignty of either country.

At the same time, President Rafael Correa of Ecuador visited the Dominican Republic for a meeting with President Leonel Fernandez. He said the purpose of their discussion was to coordinate aid to Haiti. He also overnighted at the United Nations Minustah camp in Haiti and praised Dominican aid to Haiti. “I saw the immense number of Dominican trucks with aid for the people of Haiti. I believe that by working together we can give Haiti the definite push that its heroic people need for the destiny they deserve,” he said at a press conference following the 2-hour meeting.

If you would like to help the Haitian earthquake victims, via one of West Indies Real Estate's chosen charities, Island Impact Ministries,  click here.

Delightful beachfront project

This very adaptable property, located in a gated community within a larger, highly popular secure project, has been reduced by US$75,000 to US$500,000 and offers a great business opportunity.

The Dominican Republic is becoming increasingly popular with independent travellers who perhaps are ready for a change from the all-inclusive resorts, those who are taking an extended break from work or looking for a complete life change.    Live in this large villa yourself and manage a small, bed and breakfast operation or appoint a rental manager and watch your investment bring in a good income from afar.  This investment property offers superb rental potential.

For more details and to discuss the many possibilities, please contact us quoting Ref: 2492.

Another great price reduction

This spectacular property overlooks the whole of Sosua Bay with views all the way to Puerto Plata and Mount Isabel de Torres.  It has been used as an individual home, with many special features, but is perfectly suited to a Bed and Breakfast business or a super apartment rental investment, having its own private pool and patio area.  Set in a hillside residential area just a short drive to downtown Sosua,  it is possible to walk to the beach. 

With 6 bedrooms and 4.5 bathrooms, there is ample accommodation and a third storey could easily be added.  In addition, there is a massive, covered terrace which could be transformed into a stunning restaurant, enjoying the most breathtaking views in Sosua.

If you are ready for a major life change, this property has recently been reduced to US690,000 from $750,000 and represents a great investment.

To find out more, please contact us quoting Ref: 2329.

Two apartments priced at not much more than the value of the land....excellent deal

Great two storey property divided into two apartments located on beachfront lot, with sufficient space to build a principal property closer to the water.  This property is now competitively priced at just US$299,000.  With the land being worth in the region of US$275.000, you cannot go wrong in buying this property - with the option of living in the whole property, living in one apartment and renting the other, building a more luxurious villa closer to the water with its own guesthouse or rental units.....or simply keep the property and watch it increase in value.

Contact us for further details.

Medical Teams help earthquake victims

Island Impact Ministries, one of West Indies Real Estate's chosen charities, is working hard to help in the wake of the Haitian earthquake, sending in medical and food supplies to aid the survivors.  The charity's founders, Pastors Robert and Kelli Nelson from the United States, were missionaries in Haiti for many years.  Although their work is now mainly in the Dominican Republic, they still have a heart for the Haitian people and are doing what they can in the relief effort. 

If you would like to support their work, please click here.

Immaculate Villa in Beachside Community with incredible ocean views

This superb villa located between Sosua and Cabarete was built in 2006 to the highest standards and represents amazing value for money, just being reduced to US$395,000.  It was previously priced at a high of US$590,000 and West Indies Real Estate did not feel that it was over-priced at that figure!

Just a short walk to the beach, this oceanview property is wonderful as a large family home or a combined home and rental property and could easily be used as a lucrative Bed and Breakfast business in this highly popular area of the Dominican Republic.  See our commercial listing for full details.

We really cannot imagine this gem remaining on the market for long at this price, so to avoid disappointment, please contact us for more details and to arrange a viewing.

Superb oceanview condo close to all amenities of Sosua, reduced by US$46,000

Imagine waking up to this wonderful view of Sosua Bay and Mount Isabel de  Torres.  Now it is closer to your reach, as the price of this lovely First Floor, 2 bedroomed condo has been reduced to US$349,000 from US$395,000.

This luxury unit is located in a very quiet side street of Sosua, one of the most popular towns on the north coast of the Dominican Republic.  It is surprisingly tranquil, whilst being just a couple of minutes' walk from all the amenities and nightlife of downtown Sosua and steps from the beach. 

Whether you are looking for a permanent home, a part time vacation getaway or an investment property, this condo could be perfect for you, offering an excellent rental yield with high occupancy.

Please contact us for more details and to arrange a viewing.

Great deals available on the North Coast

Everyone is looking for a special deal these days so we plan to feature on our Blog all West Indies Real Estate listings that become significantly reduced in price, for the keen bargain hunters amongst you.

This lovely villa in Orchid Bay, Cabrera has been reduced by a massive US$200,000, to $699,000 and the owner is motivated to sell!  This area on the north coast of the Dominican Republic is stunningly beautiful, has a choice of superb beaches, magnificent views and is close to the famous Playa Grande Beach and Golf Course.  The town of Cabrera is one of the nicest and best kept towns on the whole island, with a thriving international community.

Contact us for further details, quoting Listing 2720.