Quote:
Originally Posted by adultinnovation
Was thinking about Cabarete in the Dominican Republic too... they have some nice Condos for cheap in DR near the beach for only $70k.. Cabarete is a resort town on the Dominican Republic's northern coast known for surfing.
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I invested in condos and villas in Cabarete and Puerto Plata during the recession, most of my clientele in Cabarete are kite surfers booking off airbnb. Look into the Ocean Dream development, a lot of European ex-pats are getting up there in age and are unloading fairly cheap right now. I love Cabarete and spend 5-6 months out of the year there now. I am in the process of acquiring some new construction condos in Puerto Plata, there is a lot money pouring into the area for new resorts including around 300 million from mariott.