Dominican Republic 'ripe for investment'
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The Dominican Republic is the place to make a Caribbean off-plan property investment, according to one expert.
Caribbean Land and Property asserts that the region is "ripe for investment" due to its increasing popularity as a tourist destination.
It states that official figures show the industry has already increased by eight per cent, with the number of visitors expected to reach five million in the next four years.
Steve Worboys, managing director of Experience International, stated that more investment in the nation is planned, with millions of pounds being spent on golf courses, spas and sport facilities in a bid to attract more holidaymakers.
"This could be a good time to invest into the undeniable potential that the Dominican Republic represents," he added.
Meanwhile, Homes Worldwide recently deemed property in the Dominican Republic "an increasingly enticing" investment, adding that its appeal is growing all the time.
In addition, it stated that the government is teaming up with the private sector to boost the real estate and tourism industries.
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