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Sosúa, Dominican Republic

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Property Market Still Buoyant on North Coast

 

 
According to a recent report in Hoy newspaper, house and apartment sales and new construction have decreased considerably in recent months in the Dominican Republic as a whole, due to rising costs of materials and borrowing. Doubtless, financial factors in North America and Europe have also had an impact. Despite this, Jaime Gonzalez, president of the Constructors and Housing Promoters Association (ACOPROVI), says that real estate sales have maintained a steady pace in tourist areas around the country. West Indies Real Estate has certainly found this to be the case on the booming north coast, where construction of new projects and individual homes continues at an exciting rate. West Indies continues to secure sales for properties across the board, helped by our longstanding reputation and many word of mouth recommendations.
 
 
 

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Rare Leatherback Turtle in Cabarete

      

A rare, Leatherback Turtle appeared on Cabarete Beach just over two months ago and promptly laid her eggs in front of one of the main restaurants.  Since then, residents and tourists alike have maintained a strong interest in the creature, which is an endangered species.  A guard has been mounted over the eggs, which are due to hatch any day now. 

The last time such a turtle ventured into the tourist zone of Cabarete was over 10 years ago, when 101 turtles hatched.  Unfortunately, few of these would have survived the precarious journey that followed to the ocean and adulthood.

We will keep you posted on progress.

 

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West Indies Real Estate    Calle David Stern 6, El Batey, Sosua, Dominican Republic
 
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