3. Isla Margarita
# LIVETHELIFE > YOUR NEXT MOVE... TIM HOUGHTEN
frontiers being embraced by forward thinking investors, developers, and funds from Europe and the U. S.
Here brand new developments like Central Suites in the trendy southwest section of Santo Domingo offer turnkey condo deals with projected yields of around 8 % to 10 % per year, starting from less than $ 89,000 USD.
3. Isla Margarita
This secret island in the Caribbean offers interesting opportunities for adventurous investors. Officially part of Venezuela, Margarita Island boasts beautiful beaches, beautiful people, and tax free shopping. Margarita become hot when the rest of the planet went cold in the 2008 crisis. Investors from Europe and the U. S. found it delivered amazing value in new resort style condos, townhomes, and single family homes with private pools, overlooking the ocean. Now that the U. S. is back in Venezuela negotiating diplomacy and oil prices have edged up, this could be a great time to seize on deals. 4. Santo Domingo
It’ s a city famous for performance arts, historic architecture, is just a two hour flight from South Florida and three and a half hours from New York, and is undergoing a significant revitalization with talented young professional millennials driving demand for new modern apartments.
What few may not know is that there are no annual property taxes on lower priced properties here, and the residency and second passport program is one of the easiest to qualify for in the world. You can even use your rental property income in the U. S. to qualify.
Discover the DR. Capital of the Domincan Republic, Santo Domingo has been dubbed the new‘ Brickell’, in reference to Miami’ s trendy business district sporting luxury condos. Yahoo! Finance paints this cosmopolitan city as one of the most exciting new