Over the past few years, a lot of positive changes have been happening along the DR’s North Coast from Puerto Plata to Sosua and Cabarete. The tourism industry and government see the huge potential and are pouring big dollars into the region.
If you’re looking for a smart investment opportunity, take a close look at the DR’s fabulous North Coast.
Once a 2-Star Destination, the DR’s North Coast is Becoming a 4/5-Star Locale
Big changes have been happening on the North Coast of Dominican Republic over the past few years. Once a 2 or 3-star destination, the North Coast is fast becoming a 4-star and 5-star locale, both for tourists and those looking to buy a home or invest.
The tourism industry has recognized the booming potential, and has made—and continues to make—major renovations and upgrades to hotels, resorts and other tourism infrastructure.
As more and more people visit the DR for longer stays, there’s also been a shift in focus away from standard hotels towards more investment in villa and condo developments.
MoveDominican‘ William Peguero, who has been an investor and advisor in the hospitality industry for two decades, outlines these changes and why it’s a great time to invest in North Coast property.
Cruise Lines Betting Big on the DR’s North Coast