Located on the eastern most tip of the Dominican Republic, Punta Cana, a resort town and one of the Caribbean’s top destinations, is the hot spot for buying real estate. With advantages like extremely low property tax and straightforward regulations for foreign investors, buying property here is a no-brainer decision for anyone interested. Whether one should buy land or opt for one of the Condos for Sale in Punta Cana.
If the crucial question is what to buy, you will be pleased to know that Punta Cana Real Estate offers several categories for sale: Apartments, Condos, Homes, Villas, Land – Land Lots and Commercial properties, as well as Rentals on the East coast. Decide whether the property is going to be your home, vacation house, or you will be renting it out for extra income. Either way, a condominium would be a perfect choice in a place like Punta Cana. A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned while use of and access to common facilities such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece.
Whether this is your very first real estate purchase, or you are just looking to invest in something that is guaranteed to be profitable, a condominium is your answer. Condos make great rental properties so, if you decide to move to a bigger place or not use this house for any other reason, you can always rent out your condo if you can’t get the sale price you want. Also, if you lease the unit, it will give you some extra money you can use to pay bills or offset the mortgage on a house. Condos also give you the peace of mind needed for buying a vacation home as the general maintenance of the building is taken care of.
Punta Cana is predominantly full of beaches. The beaches are: Arena Gorda, Bávaro beach, Uvero Alto, Playa Macao, Playa Cortecito, Cabeza de Toro beach, Cabo Engaño, Punta Cana and Cap Cana. So, buy a condo for sale in Punta Cana that will give you proximity to your favorite beach and a good view of the splashy waves