Excellent investment with 0.89 Acres / 3601.7 Mts2 in Bávaro, Punta Cana in Dominican Republic. Place to develop a Building Condo, Hotel Boutique or Townhouses. This Lot is Surrounded by the best Hotels in the area. Just 100 steps to access to the beach, Restaurants and more. 10 minutes drive to airport, stores, plazas, hospital, Bávaro/ Punta Cana municipal district, dependent on the Higüey municipality in the La Altagracia province, Dominican Republic. Bavaro/Punta Cana it has been transformed into a tourist services center due to the hotel and development expansion ; thus becoming an important tourist area of the country. Throughout the area there are dozens of hotels, among which the Spanish investment ones stand out, such as Riu, Iberostar, Be Live Grand Punta Cana, Meliá, Barceló, Palladium, Catalonia or Bahía Príncipe. The area also has several nightclubs such as: Oro at Hard Rock Hotel, Imagine, Coco Bongo or Pachá, which enliven tourists' party nights. numerous tourist attractions have been installed, some of a certain size such as the Manatí Park in Bávaro, a water park with manatees, dolphins and other kinds of animals. For tourists, the Punta Cana beach area is more popular because it is more affordable at international prices. However, Bávaro maintains the exclusivity and elegance that give it the title of best Caribbean beach. According to statistics from the Ministry of Tourism, in the Dominican Republic there was an investment in the tourist area of more than US$500M, representing a remarkable growth in this branch and consolidating tourism in the Dominican Republic as one of the best in the world. There are no restrictions on foreigners purchasing real property in the Dominican Republic. Foreigners are allowed to purchase property with the same rights and obligations as a Dominican citizen. The Residency by Investment program of the DR is a legal privilege under the General Immigration Act and its regulations, and the Foreign Investment Act. It exempts a foreign national from the procedure of obtaining temporary residence. You can enjoy what country have to offer to foreign investments as taxes exemptions.
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