Released on = February 7, 2007, 8:54 am

Press Release Author = Principal International

Industry = Small Business

Press Release Summary = With prices in neighbouring islands rising steadily and
availability of land to develop becoming scarce, investment hunters should look the
Domincan Republic.

Press Release Body = With prices in neighbouring islands rising steadily and
availability of land to develop becoming scarce, investment hunters should look the
Domincan Republic. It's the second largest of the Caribbean Islands and prices are
not anywhere near a peak just yet.

During its much talked about dictatorship which slowly weaned away during the 70's
and 80's, the country was pretty much untapped, but it was not until the 90's did
the Dominican Republic started to invest seriously in the tourism market, and with
it brought investors.

Bad management and a rush to accommodate the tourists meant that standards of
accomodation were not up to scratch and the tourists went elsewhere.The fall of the
currency brought attention to its failing economy and a change in the Government
bought stability back once more.

New luxury resorts and apartment complexes have since emerged and reinvented it as a
jewel in the Caribbean. Crime rates are amongst the lowest in the Caribbean and its
people are well known as being amongst the friendliest and warmest in the World.
With the wealth of attractions it has to offer such as the 350 tropical beaches, the
amazon like forests and the gathering of 10,000 whales and dolphins every year on
its shores, its no wonder toursim is booming.

Millions of dollars are being invested in developing new resorts and luxury golfing
complexes, and redeveloping untapped parts of the country previously unaccessible,
and now being seen for the first time.

Principal International, a leading overseas property investment company confirm that
whilst prices are keen they still have a number of luxury apartments and villas for
sale in the Puerto Plato region, details can been seen on their website
http://www.principalinternational.co.uk/

Prices here have been rising as much as 20% per year, but this steady growth is not
expected to last and as more and more investors realise the potential of this
Caribbean jewel and development opportunities reduce, property will be at a premium,
so now is the time to seriously consider investing.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk