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Punta Cana is beautiful, exciting and ever-changing. New developments in Dominican Republic are always in the works and we have all of the information right here for you. Browse our Dominican Republic development and construction projects listings of pre construction condos in Punta Cana and beachfront development and explore the most luxurious Punta Cana real estate developments.
New Construction for sale
At the beginning of 2020, the Dominican real estate sector was growing steadily. Experts expect these economic activities to resume by 2021. National and local governments have promoted a series of safety policies due to COVID-19 pandemic (such as viral tests before entering the country and recovery proofs from licensed health care providers), causing the country to decrease the risk of contagion. This along with other policies has boosted the economy, leading to its progressive recovery.
One of the economic sectors that benefit from this recovery is real estate. Government policies promoting foreign investments in this Caribbean country give buyers overseas many competitive advantages when acquiring a property for sale in Punta Cana. As of November 2020, Banks launched different options for people getting their first and second home in this touristic area. Potential buyers may find discounts, 90% financing over their projects, 20-year term loans, and other options that make Punta Cana an affordable destination.
Punta Cana is home to the best housing projects in the country at affordable prices with attractive payment facilities. Its emerald waters and paradisiacal views are the perfect combinations for those that want to live at a comfy, dreamed destination surrounded by all the benefits of living in a city (service centers, healthcare facilities, an airport). If you fall into this category, Punta Cana is right for you.
Investors offer new construction projects with luxury finishes and different sizes. They also offer beachfront properties, affordable pre construction condos which are a good investment for owners that would be traveling between countries or not living permanently in their house and want to obtain a profit by renting it. This option is common among buyers since the Dominican Republic is near the US and Canada.
For those that prefer town, pre-construction condos located near discos, golf courts, supermarkets, and amusement parks, are the best option. The advantage of buying a preconstruction condo is that potential buyers may find great deals, discounts and sometimes, customize the property for their needs.
In general, Punta Cana offers a lot of options that may cause buyers with little-to-no real estate experience to feel overwhelmed by the ample property spectrum.
Legal and financial requirements may also become a challenge, especially due to the local and national guidelines which depend on the area. Blue Caribbean is always eager to help customers who want to move to this heaven on Earth. We have the best professionals to help you in your mission for your new home.
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