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Sosúa, Dominican Republic

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Second homes: A gust of new development in the Dominican Republic

Cabarete Bay on North Coast of Dominican Republic

The North Coast is the place to be again

The Dominican Republic has long been a favorite of U.S. and international buyers, thanks to plentiful beaches and high-quality golf courses, high-end developments coupled with affordable prices, and a stable, democratic government.

Forty years ago, the nation's first developed tourism area was around Puerto Plata and Cabarete on the northern coast. But for the past two decades, the north has been largely overshadowed by the southeast, especially La Romana and the heavily developed Punta Cana peninsula.

Now, thanks to infrastructure improvements and the simple desire to find the next hot place, second-home buyers are heading back north, spurred by the development of the Samaná Peninsula. A new highway, part of a huge ongoing government infrastructure investment, links Samaná with the capital, Santo Domingo, and has dramatically reduced travel time from more than five hours to under 2½.

To read the full article click here.

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Cabarete, too, has in recent years experienced a boom of high quality condos offering some of the most desirable real estate on the north coast .  If you prefer a villa to a condo, Sosua and the area between Cabarete and Sosua boast a number of gated communities featuring villas especially suited to the investor or second home buyer.

For more details of properties perfect as second homes, or for any other property needs, please contact us.

 

 

 

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