Subscribe RSS
Ground breaks for US$65.0M Carnival cruise terminal May 15

President Leonel Fernandez and Carnival Cruises Corporation vice president David Candib headed the groundbreaking for a modern cruise terminal, to be built at a cost of US$65.0 million.

In the keynote speech, Tourism minister Francisco Javier Garcia said the port to be built at Maimon Bay will create around 800 direct jobs and will be concluded in the first months of 2014.

He said the facility is expected to receive around 250,000 cruise passengers every year, and in his view will significantly contribute to Puerto Plata’s economic development and its residents’ well-being.

The future terminal will give Puerto Plata’s tourism industry a boost, Garthe official said, adding that it will consolidate the tourism infrastructure nationwide.

Sosua and Cabarete Video Mar 15

Please enjoy this short video that highlights some of the things to do in the Sosua and Caberete area, as well as some beautiful scenery.

 

Healthy, drinkable water from the tap… Mar 14

For anyone spending a lot of time in the Dominican Republic, we all know what a pain it is to use the large bottles of water.  Also, showering in suspect water that tests poorly for bacteria and changes all the time is also not healthy.  We have recently put a water purification system in our home.  We have potable tap water and know we are using cleaner water than we have in Canada.  For more information please visit EcoServe’s website.  This company is owned by some very nice people that do a great job:  http://ecoservedr.com/index.php/en.html

Canada’s US$494.9M makes it the 2nd biggest investor in the Dominican Republic Nov 10

Santo Domingo.- Canada has taken root as one of Dominican Republic’s biggest investors, contributing 52% of the jump in Direct Foreign Investment (DFI) which entered the country in the first quarter.

The figure from the Central Bank shows that with the increase Canada displaces Spain as the second biggest investor, while the United States remains at the top of DFI.

The DFI rose to US$946.8 million in the first quarter, of which US$494.9 million were contributed by Canada.

The consolidated foreign investment balance was US$19.3 billon in June, with the highest figures posted by the United States with US$5.2 billon; Canada, with US$3.6 billon, and Spain, with US$3.3 billon.

Oceanfront condos with private beach from $218,500 US Oct 19

Living room view

Because being near the beach is not enough…
For anyone looking for an excellent quality condo that has incredible sea views and private beach, Bayrock Condos are a perfect fit. There are only 21 units in this small development, but the amenities are more like what is found in a larger project. Owners will enjoy a large infinity pool, children’s pool, oceanside Jacuzzi, Casa Club bar area, 24-hour, gated security, management program and rental services. Every unit offers unobstructed ocean views. The developer is a well respected, experienced company that is known for building quality, turnkey condos in the Dominican Republic.

These condos are perfect for full time living, as well as vacation living with rental helping to pay for the running costs. Rental rates will be excellent for the property investor, and captial appreciation will be second to none. This is some of the last land available between Sosua and Cabarete for oceanside condos, and small developments like this rarely come for sale. Bayrock II is the second and last phase of this project. Bayrock I sold out in 2-months.

Please email us at info@drproperties.ca, or visit our Bayrock page.

 

Dominican Republic’s tourist arrivals up by 4.3% Sep 07

Dominican Republic’s international airports handled over two million passengers during the first semester of this year, more than 82,621 than the figure registered during the same period in 2010, which means that tourist arrivals grew by 4.3% .

Today, Americans represent 34.2% of tourist arrivals, while Canadians make up 22.7%, representing 57.4% of all arrivals. Europe represents 8.5% of all arrivals, South America 9.2%, and Central America and the Caribbean 4.4%.

From January through June the number of visitors from Russia jumped by 59.2% (19,329), Germany by 5.6% (5,064), Italy by 8.2% (4,063) and France, by 1.9% (2,634).

Source: Dominican Today

Picture of the Week: Sosua Beach Aug 24
Sosua Beach

Sosua Beach with its clear, blue water and white sand

Carnival announces US$65M cruise port in Puerto Plata Aug 21

Port at Puerto PlataTourism minister Francisco Javier Garcia announced Friday the construction of a modern cruises terminal in the town Maimon, near Puerto Plata, at a cost of US$65 million, generating around 30 million dollars in its first year in operation. He said the terminal will positively impact the province and can simultaneously berth two boats totaling at least 4,000 passengers.

Garcia said an investment of this breadth by the Carnival Corporation guarantees the project’s success, expeditious construction, and the massive presence of cruise passengers. “The speed of the work stems mostly because that investment doesn’t require any financing or Dominican Government facilities for the investors.” Giora Israel, Carnival Corporation senior vice president for Ports Development and Destinations, said the terminal’s construction is expected to start October 1. The terminal will occupy 50,000 square meters at Maimón Bay, construction will last two years, and provide 800 direct jobs.

Our August newsletter Aug 17

Please follow this link to view our newsletter.

Packed to the roof! Jun 22


Charlotte and Greg Clarke, along with their friends Reg and Donna, sit in the back of my SUV surrounded by all their purchases for their new villa in the Dominican Republic. They are pretty happy because they will completely furnish their 3-bedroom villa and palapa, put in 5 appliances, as well as as kitchenware, linens, BBQ, stereo, TV, etc. – everything they need to have the house turnkey, for less than $17,000. What a fun day shopping we had!