Dominican Republic’s Cabrera Touted as New Real-Estate Hot Spot

While new home sales are down in the U.S., real estate investment activity and opportunities on the north coast of the Dominican Republic are on the upswing.

Michelle Matthews, managing director of Inversiones Playa Grande, S.A. (IPG), a company offering a complete portfolio of real estate services on the north coast of the Dominican Republic, shares her expertise on the top three reasons the Dominican Republic housing market is enticing U.S. investors, developers and owners.

While many of the most desirable housing locations in the U.S. have been developed to the maximum, the Dominican Republic offers numerous areas where breathtaking beauty and an abundance of property converge.

One such region is the largely untapped north coast of the Dominican Republic. This location embodies a tropical paradise with a unique blend of coconut palms, azure water, golden sand beaches and sweeping mountain vistas.

The topography of the area, particularly in the areas of Gaspar Hernandez, Rio San Juan, Cabrera and Nagua, is very unique, with high cliffs inland located less than one mile from the ocean.

“Purchasing property on this cliff top gives owners a breathtaking, unobstructed view of the ocean. This is a key reason the area is rapidly becoming a prime location,” said Mrs. Matthews. “Still, despite this, the prices are definitely affordable by Caribbean and U.S. standards.”