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Dominican Republic a 'property hotspot'

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The Dominican Republic is fast becoming one of the most appealing places to buy property in the Caribbean, according to to property portal RightmoveOverseas.co.uk.

Justin Figgins, director of the website, has said that many view the Caribbean nation as a "safe bet" for investment.

"Prices remain much lower there than on the other popular islands, and with rising numbers of tourists and an increasing amount of foreign investment being ploughed into the country...it is becoming a real property hotspot."

Mr Figgins noted that the investment is estimated at more than $1.5 billion (£750,000 million) this year.

Buyers looking for a Caribbean off-plan property investment may be interested in areas such as Punta Cana on the eastern tip of the Dominican Republic, which "[cater] to those savvy investors keen to get the best returns".

According to the Global Property Guide, flights from Europe take about 11 hours and about three hours from New York.
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