Why invest in Punta Cana?
The Dominican Republic is the number one tourist destination in the Caribbean, receiving visitors from North America, Europe and South America. It is also a favorite country for investment, since non-residents and foreigners have access to local bank financing.
Punta Cana is the investment destination par excellence. Last year it received 3.5 million tourists, making it the most popular tourist destination with the highest number of visitors.
Punta Cana has more than 70 flights per day from the USA and Europe, also the increase of direct international flights.
As a result of the expansion of tourism and the new visitors that arrive each year to Punta Cana, the demand for short-term rental accommodation is growing. Currently, there is a large segment of tourists who prefer to stay in fully equipped luxury condominiums instead of a hotel or resort.
Another great advantage that favors investment in this destination is CONFOTUR’s law, new properties for sale are exempt from the tax on transfer of real estate rights, that is, 3% of the value of the property; and, from the real estate tax (IPI), which is equivalent to 1% of the annual tax that is applied on the total sum of the real estate assets during 15 years.
The best time to invest is now, come and know our projects, we have one that suits you.