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Old 08-16-2012, 06:07 PM   #4
fluistulkn

Join Date
Oct 2005
Posts
503
Senior Member
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I've been buying lots in the Juan Dolio area, specifically Metro Country Club. Starting in 2004 golf lots sold at $70/sq.mtr. Today I am selling them at market rates of US$250.00 - You can buy non- golf lots around US$175.00 - and the market is still appreciating. The close to completion Pinewood Studios cinema stages (water filming tanks and sound studios) will add more value, as will the Dolphin aquatic park under construction. 35 minutes to Santo Domingo- population of 3.5MM with young professionals looking to weekend homes/apartments close to the city. This is one alternative worth looking into. There are many apartments on the beach as well, however my view is that these need to build a resale market that today is a bit weak. Land, however, is another matter.
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