Hartlepool, United Kingdom (PressExposure) March 11, 2009 -- The Dominican Republic offers the best value for money and investment potential in Caribbean property, says overseas property portal Property Abroad. According to Julie Liddle, who researches emerging markets for the firm, properties offering 100% finance and guaranteed rental yields are among the best opportunities, especially apartment-hotel style products. She said:
"Since the government's efforts to improve the global -perception of the Dominican Republic, and get rid of elements un-conducive to tourism growth paid dividends, the Dominican Republic has seen rapidly rising visitor numbers. Tourism has continued of late while property price growth has slowed meaning rental yields have generally increased, and there is an abundance of excellent buy-to-let investment opportunities in the country".
"There is also the availability of 100% mortgages and substantial guaranteed rental yields of up to 10%."
Property Abroad are currently advertising properties with 100% mortgages, and guaranteed rental yields. One such property listed by Property Abroad offers 1 bedroom fully furnished apartments in Cabarete from Â£135,000. The apartments come with a 10% guaranteed rental yield and 100% mortgages are being offered.
The Las Canas development is a luxury 5 Star in an idyllic location; a dream holiday spot, hence the 10% guaranteed rental yield. The resort features a massive array of facilities and amenities, including concierge services, a fitness centre, swimming pools, spas and alternative therapy suites, and much more.
Property Abroad are also advertising 1 bedroom apartments in Punta Cana from just over Â£86k. The Swaying Palms development phase 2 offers investors a guaranteed 8% net rental yield. This is a particularly good investment opportunity, because it offers investors buy-back options: after 1 year, investors can sell their unit back for 130% more than they pay now, and after 3 years 150% more.
Property Abroad have hundreds of Dominican Republic properties, find out more by visiting the site.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
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