The Dominican Republic is one of the five best places for 2015 retirees to buy a vacation home.
The selection was made by the influential Washington-based Huffington Post newspaper.
According to the daily the Dominican Republic came in third place, ahead of Spain and Colombia and indicated that the country “qualifies as a top retirement option for 2015.” The country offers from modest to multi-million dollar properties.
The online daily describes the Dominican Republic as a dynamic tourism destination, which annually receives millions of tourists from all over the world.
In 2014, the country’s seven international airports handled some 4.4 million international tourists.
The Huffington Post also points out that the country is an excellent investment option for retirees due to the attractive “property values are a tremendous bargain” in relation to the rest of the Caribbean.
Real estate prices range from approximately US$100,000 to several million dollars.
One of the daily’s top recommendations is the Punta Cana region, on the country’s eastern region, defining it as the D.R.’s most developed tourist area.
It also mentions Puerto Plata, the north coast’s most important city and a true option for retirees and well as Samaná, on the northeast, an international attraction because it is the region where the humpback whales come in during the first months of the year to mate and to give birth.
The publication says Samaná is “a unique place that is a little out of the ordinary.”
The country provides various real estate options. High on the list is the internationally famous Puntacana Resort & Club, in Punta Cana; Casa de Campo, in La Romana, Sea Horse Ranch in Cabarate (Puerto Plata); Playa Bonita Beach Residence, in Las Terrenas (Samaná) or more modest options such as as “Villas del Sol 2,” in Punta Cana.