All eyes on the Dominican Republic
Not too long ago was the Dominican Republic considered an unlikely place for luxury resorts and residences. Only last year, French developer Pierre Schnebelen had the foresight to develop Costa BayanA along the northeast coast near the border with Haiti. It is a huge project composed of more than 13,000 properties on thousands of acres of oceanfront property.
If the future of the Dominican Republic real estate was still unsure, now the success of the Dominican Republic being the new luxury spot in the region is as bright as the Caribbean sun. Who else can seal its fate but the real estate tycoon Donald Trump? With the development of Trump at Cap Cana worth more than two billion dollars, more investors are swarming into the Dominican Republic.
