By The Star Staff
An investment could be the most important and expensive decision of our life, and without a doubt, it is key to a better future. Given this, the city of Punta Cana in the Dominican Republic appears as an investment destination of excellence, according to real estate consultant Andrés Borges, together with the Global Networking & Real Estate team.
Just 30 minutes away by direct flight, Punta Cana receives 7 million tourists a year, and as a tourism powerhouse it brings high reward at minimal risk. For many people, it is possible to acquire a property in this place to invest, live, vacation or enjoy retirement, because there is an option for all types of budgets -- from an apartment at a very affordable cost to a luxurious home. For many, the city of Punta Cana is the favorite place to invest for non-residents and foreigners due to its access to local bank financing.
One of the benefits of investing in this destination, Borges says, is that it allows the use of the U.S. dollar for all kinds of transactions. Another great advantage is the Confotur Law, whose benefit exempts real estate projects from taxes and tax incentives for 15 years to encourage investment in the country’s tourist areas. This measure increases the value of assets in the market.
Borges noted that at Global Networking & Real Estate, they help interested people invest safely and where there is strong economic growth so that they can increase their financial assets.
Currently, the project everyone is talking about is 7 Palms Beach Luxury, facing a private beach, swimming pools, a gym, stables, bar-restaurants, and even an illuminated golf course, with units starting at $79,900. From March 24 to March 26, there will be an open house, and those who reserve a unit will receive a “FREE” all-inclusive weekend for two people in Punta Cana.
Borges also invited real estate professionals interested in this topic, or investor representatives, to contact him.
For more information and professional advice, do not hesitate to contact Andrés Borges at (787) 671-9171.