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Rio Bonito Punta Cana Real Estate Buyer Incentives

 

 

Located on the eastern coast of the Dominican Republic, Punta Cana is the new haven for Caribbean tranquility and relaxation.  With direct flights from most major cities, (40 flights per week from Toronto, 30 Flights per week from Montreal, and 20 flights per week from New York) many have already discovered the warm turquoise waters where the Caribbean Sea and the Atlantic Ocean combine to provide a breath-taking experience that is priceless.  It’s what dreams are made of.

Punta Cana is part of the newly created Punta Cana – Cabeza de Toro – Veron – Macao – Uvero Alto municipal district in La Altagracia, the easternmost province of the Dominican Republic. The area is best known for its beaches and balnearios, which face both the Caribbean and the Atlantic, and is currently the most popular sunny destination in the Western Hemisphere attracting an estimated 4,200,000 tourists in 2012.  The weather in Punta Cana is pleasant all year around.  There is no distinct wet or dry seasons. The sun is shining more than 90% of the time with very few wet days. Average temperatures range from 22 degrees Celsius at night to 34 degrees Celsius during the day.

Come to the new residential community known as Rio Bonito where you can let your hair down, relax, and enjoy the fresh ocean breezes from the world renowned Bavaro Beach.

There’s no shortage of things to do with a variety of authentic restaurants all along the beaches and throughout town including Greek, Italian, Russian, French cuisines and much more.  Just steps away you can also enjoy a French bakery, sports bars, live music, and a homemade gelato shoppe, if that’s your flavor.   If you’re more of a shopper, take a short ride to Plaza Palma Real where you will discover a host of classy shops to satisfy your desires.  Around the corner you will find another popular destination, Plaza San Juan, where you can enjoy a movie in 3D, a variety of live entertainment, dining, and spend a cozy evening with loved ones.

Take a walk along the white sandy beaches or through town anytime, day or night, without any worries because you are in the safety of an area that is highly coveted where your presence is very welcomed and you will be treated like gold.

If you would like to make your investment provide more than just relaxation and tranquility you can also earn great income by renting your home to seasonal visitors for the short or long term.  Punta Cana has developed into a fantastic destination for those who return year after year and prefer to escape the confines of the all-inclusive hotels. Life in Punta Cana is quite convenient and enjoyable without the all-inclusive tell-tale tourist bracelet and there are several companies in the area to provide complete management services to your specifications.

 

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IMPORTANT FACTS OF PUNTA CANA

 

  • According to the Federal Republic of Central America, Dominican Republic has one of the most stable economies and democracies in Latin America. Your investment is not only secure here, but will most likely increase in value by at least 10% per year.

 

  • Punta Cana is one of the safest sunny destinations due to the excellent job of the POLITUR. This is the division of the National Police force that specializes in dealing with and protecting tourists. Although at times, petty thefts and such, are not uncommon, there have not been any serious crimes reported to tourists In more than seven years. There are also several 24 hour medical and emergency clinics open in Punta Cana and a state of the art hospital in surrounding Higuey or Santo Domingo in case of serious illness or accident. In general, if you exercise common sense, eat sensibly and don’t go around flashing a lot of money, you will never have the displeasure of experiencing any crime or related problems.

 

  • According to TRIP ADVISOR, there are over 100 hotels with more than 130,000 rooms spread over approximately 50km of pristine white beachfront.  Occupancy rates are amongst the highest in the world.  85% during the low season and more than 100% capacity during the high season.  Rental occupancy rates are also very similar in numbers.

 

  • The rental market is BOOMING. The average 2 bedroom rental can bring in income of $1,000 per week.  As an investor, you can earn back your investment in less than five years. There is no personal income tax and there are many government incentives and deferral programs that maximize your return on your income and investment potential.  With a $1,500 + monthly income or pension you can qualify for residency and truly live like a King.  The cost of living is 1/3 compared to most major cities in North America.

 

  • There is no other island in the Caribbean that has more 18 hole professionally designed golf courses than the Dominican Republic.  There are 14 Golf courses in Punta Cana at the moment.  That means that within a 30 minute drive you can have access to 14 different, mainly oceanfront, golf courses.

 

  • Fishing off the Punta Cana shore is regarded as one of the top five of the world’s best billfish areas with a season that spans 7 months of the year.

 

  • There are more direct flights to Punta Cana than any other sunny destination in the world.  It is currently the busiest private airport in the world accommodating more than 100 flights per day from most major cities.

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