Over the last two decades, the Dominican Republic has been standing out as one of the fastest growing economies in Latin America and the Caribbean.
The DR presents a rich cultural offering, from gastronomy to history, music, and arts and crafts, among other elements unique to the Dominican experience. Last but not least, the warmth, hospitality, and vibrancy of Dominican people, which often brings visitors back to the DR.
In terms of real estate, the DR’s property market is very diverse. Right now is the perfect opportunity to pay cheap prices for luxury properties.
With the Dominican Republic having a surplus of land and fewer added costs, real estate is overall cheaper when compared to neighboring countries in the Caribbean. In simple terms, the availability of excess land in the Dominican Republic has made it cost-effective and cheaper to buy real estate.
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