In a recent interview, Demetrius Canton, the director of lodging supply for the Caribbean for Expedia, the leading Internet room booking website, praised the Dominican Republic's marketing campaigns. He pointed to the Dominican Republic as one of the Caribbean destinations that has been able to market itself effectively during tough times and as a result has reaped rewards. "They are not as dependent on US travelers as many other islands are" as they have been successful at penetrating this South American market too, with tourists coming from Venezuela, Colombia, Brazil, Chile, Argentina, Peru and Ecuador. Canton mentioned that Brazilians have many holidays, and are used to paying high hotel prices. See here for investment opportunities in the Dominican Republic Add Comment Several units at Four Rivers in the Dominican Republic have been reduced. See Hotel Investments and contact me for new prices They are eligible for SIPP investment Several units at Merricks in Barbados have been reduced. See Hotel Investments and contact me for new prices They are eligible for SIPP investment Several units at Merricks in Barbados have been reduced. See Hotel Investments and contact me for new prices Property 1. Property 2. Purchase £20,000 Purchase £19,000 Rents $750/£479 Rents $575/£359 Gross Yield 29% Gross Yield 23% The properties are in the New York State and we have owned them for nearly 6 years. They are both rented on long term contracts and are fully managed by local agents at only 10% pcm, they have both been well maintained to meet the rigourous local council housing standards. There is no US tax to pay. Contact me for futher details. Debbie |
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