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In Punta Cana, everything revolves around the beach and sunny weather.
Punta Cana Dominican Republic is undeniably breathtaking with tall swaying palm trees scattered along 21 miles of some of the whitest and most beautiful coral sand beaches in the world. The area has become a haven for vacationers looking for a beach chair, a Pina Colada and a good read or memorable dinner in a top notch restaurant.
The Punta Cana real estate industry is hotter than ever with investors looking for apartments and rentals in Punta Cana with high rental income potential.
Punta Cana is the perfect atmosphere for families, couples, or friends looking for a resort-style vacation. Almost every tour departs from this area, so no one in the group can complain of being bored.
Most of Punta Cana's 30-plus resorts are all-inclusive, allowing for a relaxed vacation or honeymoon with plenty to do. Are you interested in snorkeling excursions?
You can practically name your attraction and find it here.
As one of the fastest growing areas in the country, more luxurious and larger complexes are expected to open in 2006. In addition to new accommodations, a 24-mile-long boulevard is under construction to easily move vacationers around the area.
In the last 15 years, tourism has recorded sustained levels of constant growth, transforming itself into the most important economic sector for the country. Tourism is responsible for employment in many different sectors of the local economy. The Dominican Republic went from average tourist activity to the Caribbean's # 1 destination in 2005.
Bavaro Beach, Punta Cana, is the fastest growing tourism and investment area in all of the Caribbean by US citizens, Canadians and European investors.
Here are just a few reasons why Punta Cana in the Dominican Republic is a great place to live, play and invest:
The lowest prices in residential properties in the Caribbean
Just 15 minutes from an international airport
An excellent investment with high rental income
Appreciation 15-20% per year
40 hotels with 30,000 rooms at 90% occupancy
More than 2.5 million visitors a year and growing
25 miles of white sand beaches and turquoise waters
Theme parks, water sports, swimming, marinas, sailing, windsurfing, designer golf courses, nightlife and casinos
Tropical climate all year round
Mayors developers and companies investing in the area
Hotel occupancy rates in Bavaro-Punta Cana for 2006 were 80%. So far for 2007 the average is 88.6%. Hotel rooms on the island went from 3,800 in 1980 to 63,000 in 2006, with an average occupancy rate of 83%.
In addition, the number of tourists went from 556,423 in 1980 to 4.1 million tourists in 2005 with a turnover of over $ 3.5 billion, in 2006 4.4 million tourists, $ 3.8 billion and 2007 is well on its way to 4.7 million tourists and $ 4.1 billion dollars. These numbers are similar to the PIB contributions of Dominicans living overseas to their families on the oasis island. 51% of the money sent went to the Bávaro - Punta Cana area, 1.8 billion dollars.
Bávaro-Punta Cana is experiencing sustained growth, where you can find the best hotel / resort chains and the most diverse commercial establishments are flocking to the area trying to establish their presence in the area. This is why there is a shortage of supply and increased demand for residential developments.
General details Punta Cana / Bávaro (2004-2006)
2004 24,000 rooms
2006 27,000 rooms; Increase: 11.1%
2004 = 45,360
2006 = 48,030; Increase: 5.8%
Punta Cana Airport Arrivals
(2004) = 1,351,284
(2006) = 1,732,009 Increase: 22%
Visit Punta Cana in the Dominican Republic for a vacation. Who knows, you might find the right property for you!