Dominican Republic Real Estate - Caribbean Investments properties specialist

 By Kimberly Wied

Meant to stimulate growth in the floundering US economy, the HIRE Act will have an important un-advertised effect for US expats living abroad: they will have significant obstacles to opening bank accounts outside of the USA.

 By Ronan McMahon
Las Terrenas on the Dominican Republic’s Samaná peninsula is a little piece of paradise. Palm trees, warm breezes and stars so bright it feels as though you could pluck them from the sky… I can’t think of a nicer place to have a beach home....

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 Check out this web-page; a free-energy device coming to market this spring. It will be interesting to watch how the global energy cartel tries to squelch it!

*Breaking News* you will NOT hear in the mainstream Media!

*Free Energy is here and it's real*.  Sterling Allen has visited and confirmed a 5 Kw system that will be available March 2012.  NO FUEL to continuosly generate 5 Kw!  Estimated retail $6000. (click

http://pesn.com/2012/02/22/9602042_South_African_Fuel-Free_Generator_Preparing_for_Market/)

We have a winter storm here today; a pile of snow was predicted but so far it has been only rain in the city---typical for this year.

Saludos

 35. Samaná Peninsula, Dominican Republic

Unspoiled beaches, but not for long.

For years, the Samaná Peninsula on the northeast coast of the Dominican Republic was one of the Caribbean’s remaining natural holdouts, largely untouched because of its remote location. But an international airport, El Catey, built near the peninsula’s base a few years ago and, more recently, a highway that shortened the drive from Santo Domingo to two hours from five, are bringing new development.

Balcones del Atláantico, a RockResort that opened last May in the village of Las Terrenas, is the newest luxury resort on the peninsula. Its 86 two- and three-bedroom villas start at $500 a night, supplying a cushy base from which to explore ecotourism. The Peninsula House, a plantation-style estate with just six suites from $580 a night, was named a 2011 Grand Award winner by Andrew Harper’s Hideaway Report. And Auberge Resort’s’ Casa Tropicalia , with 44 beachfront suites and an open-air spa on Samaná Bay, is to open in 2014.

There are plenty of off-resort attractions, too. Just last month, Bavaro Runners, an adventure tour operator, opened a new zip-line tour consisting of 20 platforms and 10 zip-lines.

Go now, before the crowds arrive. MICHELLE HIGGINS

Dear International Living Reader,

It’s close to the Caribbean islands—and is itself an island with half its coast on the Caribbean Sea. Two hours from Miami. The currency is the peso—$1 buys about 40 of them.

You may already have an opinion about this place…and if you know anyone who’s been, chances are they never left their resort.

Ronan McMahon (of Pathfinder, IL’s preferred real estate advertiser) recently sent in the brief scouting report and photo below from his time there. He found a different side to the island…

Len Galvin
Managing Editor, IL Postcards

* * *

What I Found on This Beach
By Ronan McMahon

Brilliant bright white sand reflects the warm early afternoon sunshine. Fresh breezes mean it’s pleasant to eat outside. On a peninsula like this you can rely on these breezes almost year round.

The water is flat, clear and turquoise. The sand a rich tan. Surf breaks on the reef offshore, but it’s silent.

Mojitos is the name of the Cuban beach restaurant and bar.
The Cuban American owners are dishing out plates of exquisite Cuban tapas. I’m told they serve the best mojitos in town…and this is the place to come for a happy hour sunset cocktail. That’s for later. Now, the food is excellent. French, Italians and the town’s chefs eat here while beautiful people pose on the beach in front.

If you have preconceptions about the Dominican Republic, put them to one side. Particularly about the Samana peninsula and Las Terrenas.

This isn’t manufactured beach or resort. Behind and between the palm trees are chic cafes and restaurants run by French and Italian expats.

Here, 19 miles of beach is interrupted only by a couple of rocky points. It’s all walkable and public. The beaches don’t run in a straight line; they weave their way. It’s difficult not to walk for hours. Always wondering what’s around the next corner. Each twist and turn opens up a more stunning vista.

This time of year the weather is perfect. Mornings start fresh with temperatures in the mid 70s. Perfect for long walks on the beach. Afternoon warms up to the 80s.

A new excellent road means that Las Terrenas is now only an hour and forty five minutes from the capital Santa Domingo. The views over the water are stunning as you approach town on the new road. Flights come from North America to the El Catay airport 25 minutes from town.

Las Terrenas on the Samana peninsula is a little piece of paradise. And a great place to have a beach home.

Condos in town start from the $80,000s. Just on the edge of town and minutes from the beach you could buy a new luxury townhouse of more than 1,700 square feet for $165,000.

Here’s the kicker: A beach home here could double as a nice income earner. The rental market is strong year-round. One home I visited nets the owner $25,000 a year when he isn’t using it. It lists for $285,000.

Partly windy all night and now some gusts up to 15 miles per hour. Basically the hurricane completely missed us and no damage done at all. Lots of leaves and some  twigs blown off trees. The rain stopped about 4 am but was not particularly heavy at all. We got more rain than that last week. So the only real sign that that monster was out here were the mild gusts of winds that were with us most of last night. No rain now and the streets are dry. Even the sun is start to peep out. All calm here in beautiful Las Terrenas and only goes to show we have god on our site and this is earthly paradise. We are off to the beach, I’m sure it will be a good day for buggie bearding. My 4 year old son is going to have a blast, I’m sure the waves will be good today.

Bruce Pierson.

 By Margaret Summerfield
I have a couple of friends who would be the typical tourists who visit the Dominican Republic. They head to Punta Cana each winter to escape the cold and rainy weather back home. They settle into their all-inclusive beach resort, kick back for a couple of weeks, and never venture far from the hotel. They dream of owning a second home on the island but think they can’t afford one. That’s down to the sky-high prices on the properties they look at close to their resort.
Of course, there’s nothing wrong with enjoying that kind of vacation if that’s how you like to relax. But explore the world beyond the luxury hotel, and it’s easy to see that the Dominican Republic offers so much more than the bland, vanilla resort experience.
You see, you can afford a home on the “DR,” even on a modest budget. Simply head to Las Terrenas, in the Samana peninsula.
Las Terrenas is my favorite spot in the Dominican Republic. It’s a true getaway, with golden sands, bright blue sea, and graceful coconut palms. There’s plenty of space to spread out and relax on the gorgeous beaches. It’s a good spot for snorkeling, swimming, and soaking up the tropical sun…
You’ll enjoy eating out, too. The tiny wooden buildings lining the beach look quirky. But step inside and you’re in gourmet heaven. You might find a local bar serving chilled beer, fresh shrimp and lobster….or a fancy place with snowy napkins, soft music and candles.
You can walk to cafes, restaurants, the beach, stores, supermarkets, and nightclubs. Or you could try one of the crazy motorcycle taxis that whiz past, loaded with goods and passengers.
Outside the town, you’ll discover miles of white-sand beaches, and pretty coves. And you’ll see the new highway. It’s almost complete. It will make getting to Las Terrenas quicker and easier.
You can find property bargains in this little corner of the Caribbean. I’m looking at details of a condo my local contact just sent me. It’s in a small complex with a restaurant and swimming pool. It’s only 100 meters from this beach.

It’s on the market for $85,000.

 LOAN REQUIREMENTS

BANCO POPULAR

 LAS TERRENAS, SAMANA PENINSULA, DOMINICAN REPUBLIC

Great article, you can read it in full at our blog.

Please visit:

http://drparadise.wordpress.com/2007/12/11/loan-requirements-banco-popular-dominican-republic/

 BREAKING NEWS: Las Terrenas.- President Leonel Fernández inaugurated on Thursday the province’s aqueduct, Los Algarrobo aqueduct, and the rehabilitation works of the Catey aqueduct regulator tank. All these works were realized by the Institute of Water and Sewerage (INAPA), at a cost of 5 800 millions pesos.

Look for the fact that deflation has won out (as predicted here for last 18 months) to cause 4 key things to happen.

Balmy breezes, unbelievable beaches, fantastic financial incentives…the utter escape from the mad-dash of the “real world” and a permanent flip-flop lifestyle.

These are just a few of the reasons more and more affluent travelers are choosing to live in paradise.

On the 6th November 2006 the new International Airport of ‘Samana El Catey’ (IATA: AZS, ICAO: MDCY),

The Dominican Republic's Samaná Peninsula has become a magnet for expatriates drawn to its classic Caribbean ambience and for hospitality entrepreneurs looking for the next great place.

According to a British independent research group the Dominican Republic is
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The Ministry of Tourism has ordered the re-paving of 19 kms from
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