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Dominican Republic is a 'serious contender' for investors

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The Dominican Republic is being touted as a "serious contender" for investors thinking of buying property abroad by a real estate specialist.

GEM Estates has said that investors are certain to be successful if they are buying property in the Caribbean nation and Punta Cana, located on the island's east coast, was singled out as "the Dominican Republic's most significant tourist resort".

The Dominican Republic was recently highlighted by international property specialists David Stanley Redfern as one of the cheapest places in the Caribbean to buy property.

Punta Cana is the country's most popular region and its tourist area is growing faster than in any other part of the Dominican Republic, according to the tourism ministry's website.

The ministry goes on to say that the area is now a "haven" for holidaymakers to the Caribbean country because it is "undeniably breathtaking with tall swaying palms scattered along 21 miles of some of the whitest and finest coral sand beaches in the world".
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