Bienvenido!
Welcome to the Dominican Republic
(or
República Dominicana) part of the island of Hispaniola is the fastest
growing tourist destination in the Caribbean. It offers breathtaking beaches, top
professional Golf courses and green mountains, extraordinary resorts and affordable
hotels, plus a rich colonial history. Beach-lovers come for the endless stretches of pure
white beaches, and history and culture buffs find unending pleasure in Santo Domingo's
16th-Century Colonial Zone, with fortresses, chapels and the first Cathedral of the New
World, combining art and history. The modern part of the city provides excellent shopping,
restaurants and an intense night life with discos, casinos and clubs lighting up the Santo
Domingo nights.
Real Estate in the Dominican Republic
The Real Estate industry has grown considerably in the last five years. Recent changes in
Foreign Investment Legal Regimes have generated a significant increase of property
investment of foreigners in the major cities and in the Tourist and Resort Properties,
with an environment based on competitive efforts liberalizing the repatriation of capitals
of the returns of dividends and profit . A huge deficit of residential homes in the urban
areas make The Dominican Republic a very favorable country for investors willing to
construct units. Due to the U.S. dollar's favorable exchange rate with the Dominican Peso,
residential, commercial and other real estate represent very attractive values for foreign
investment.
About ERA in the Dominican
Republic
ERA Dominicana began operations in October 2002, with plans to open 8 offices over the
next three years. The real estate industry is unregulated in The Dominican Republic, with
no training and license required to be a sales associate. It is ERA Dominicana's
commitment to provide its real estate professionals with the most up-to-date and
innovative products, services and training, so that the public can be assured of a level
of service unmatched by anyone else in the industry.
ERA Dominican Republic
Ave. 27 de Febrero,
No. 14, Santiago,
DOMINICAN REPUBLIC |