The increased popularity of the Dominican Republic has caught the eye of property investors looking to cash in on the well-loved island, according to a recent report by leading travel operator Hayes and Jarvis.

 

The report reveals that there has been an incredible increase of 800 per cent more people booking holidays to the island. The island’s popularity, particularly with Britons, means that the demand for holiday rentals is due to go through the roof and make it an excellent investment prospect.

The island never fails to wow holiday-goers and has received an impressive 14 nominations in this years prestigious World Travel Awards. The island has been nominated under categories including best beach destination, leading cruise ship destination, sports tourism destination and leading honeymoon resort.

When it comes to which area of the island to invest in, the favourite appears to be the Las Terrenas region located close to a recently-completed road linking it with the island’s capital, Santa Domingo.

To see a range of properties for sale in the Caribbean visit the Caribbean listings on Rightmove Overseas. Anyone who needs to transfer money to complete a property transaction in the Caribbean should use a currency specialist to exchange their pounds into euros. For more information, contact Smart Currency Exchange.

To understand the full step-by-step process to buying a property in Caribbean, collect The Overseas Guides Company’s ‘Caribbean Property Buying Guide’