Investments Dominican Republic. Real estate, Biofuel, Jatropha And Carbon Credits.
Tony’s change of life…
While the economic landscape in Europe is looking grim these days, the blue-sky view from Immomexx new headquarters in Las Terrenas at Samana in the Dominican Republic shines bright. Demand for property is high, and sales are strong. Even in this time of crisis. There are always people from all over the world who are looking for a change of lifestyle, says owner-broker Tony, from origin dutch.
Originally from the Netherlands and having done business in the Netherlands and Europe, changed his lifestyle ant went to Las Terrenas in the Dominican Republic. A small paradise in front of the beaches.
The Immomexx-Group is a growing network of international brokers promoting Las Terrenas and Las Galeras in Samana, the north coast with Cabrera, Rio San Juan and Nagua, Punta Cana real estate around the world. Although company staff has been in place in Las Terrenas, they cover all the island. Immomexx is one of the few offices in the Dominican Republic that knows the island and all its special corners. Travelling more than 40.000 km a year on a small island…
Las Terrenas is a small lay-back village directly at the beach in the Dominican Republic, on the peninsula Samana. Samana is one of the few toplocations with un-endless beaches and all very easy to reach. Samana is one of the few places in the Caribbean where it is still possible to buy a beachfront lot for building your dream villa. Also one of the few places for investors to buy larger properties at the beach.
Why Dominican Republic? Tnoy explains that tropical destinations are appealing to US baby boomers, European retirees and large investors. Now more than ever, baby boomers preparing for a carefree life are looking for value in their dream getaway in the tropical climates where their pensions will buy more and they may have access to services they may not necessarily have at home. High real estate taxes and a floundering US economy have many retirees from North America seeking alternatives in the international real estate market. As it turns out, Dominican Republic is among the top ten destinations in the Caribbean, Central and South America for places to retire, along with Mexico, Costa Rica, Belize, Panama, and Brazil.
However, the island cannot help be touched by global economic winds and the US slowdown, with 32 percent of its visitors arriving from the United States, 19 percent from Canada and 40 percent from Europe, according to the Central Bank of the Dominican Republic. The United States, Canada, Western Europe and Japan buy the majority of Dominican Republic exports, which makes the country vulnerable to global economic conditions.
Contrary to belief, the Dominican Republic government encourages foreign investment, is economically stable, and has adequate modern transportation and telecommunications infrastructure, opening itself to comparison with developed nations. Long-term prospects for Dominican Republic remain attractive, Tony says. In the current global economic crisis, real estate prices have remained stable. In addition, developers are willing to negotiate, offer incentives and more favorable buying conditions. And although many Punta Cana resorts have slowed their brisk construction pace, building remains steady since demand for Dominican luxury real estate remains high.
According to a recent report by Dominican Republic Ministry of Tourism, visits increased in 2008 with more than 3.4 million guests choosing the Dominican Republic as their vacation destination — a 1.45 percent increase compared to the same period in 2007. US tourism remains steady, with more than one million arrivals for the fourth consecutive year, and North American visits faring consistently better than those from Europe by about 24 percent.
While Tony expects big bank developments that rely on large financial institutions will likely suffer, the interest of worldwide investors to participate in such highly successful resorts like Cap Cana has made it much easier for the group to negotiate new financing with other banks. For second homebuyers and retirees, Dominican Republic has a wealth of natural resources — from beautiful beaches to pristine golf courses and breath-taking mountains — that will continue to attract a wide range of buyers.
“With every downturn, opportunity is always nearby. Terrific value can still be found in pristine Dominican Republic real estate,” says Tony. “You can still be carefree when you need to be.
About Us
Immomexx-Group at www.altijdzon.nl and www.lasterrenasrental.com, is comprised of professional brokers from the Dominican Republic and Europe, and has more than 25 years of combined real estate experience. The company, popular for its Dominican hospitality and local knowledge offers peace of mind by providing the necessary tools to ensure that every property purchase is a safe investment. With representatives around the world, the company offers one-on-one customer service. Its network of sales representatives includes USA, Canada, Puerto Rico, Russia, Spain, Portugal, UK, Netherlands, Germany, Belgium and France.
Biofuel-Jatropha-Carbon Credits
Immomexx has several years of experience in cheap land in dry regions, very good for biofuel, alternative energy, jatropha. Also interesting for bancs and companies who are looking for carbon credits compensation.
Dominican Republic Investments
, Villa Rental Las Terrenas
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