Santo Domingo
Country Background
In 1492, while on a journey to the “New World,” Christopher Columbus discovered an island that he would call Hispaniola. At the time of discovery, The Taino Indians occupied the island. After years of Spanish reign the Taino Indians eventually died off, due to years of slavery and diseases brought to the island by the Spaniards. In 1496 the capital city Santo Domingo was founded. The nation toggled between Spanish rule and a Haiti invasion eventually recognizing Independence on February 27, 1844 as the “Dominican Republic.” (PwC, 2015)
The Dominican Republic occupies the eastern two-thirds of the Hispaniola Island today. The island lies between the Caribbean Sea and the Atlantic Ocean and is about the size of New Hampshire. …show more content…
The new 400 room resort style hotel will be opening in late 2017 in the capital city, Santo Domingo. The hotel is set to enhance the night life in the city and hopefully bring tourism a bit more inland from Punta Cana. It is said that this hotel will be another “familiar brand to American travelers in the historic Santo Domingo.” (Major) A new roadway was recently constructed between Punta Cana and Santo Domingo to reduce traveling time and allow guest to visit both destinations in the same …show more content…
It is said that the market has not fully recovered from the 2008 world financial crash. Mr. Herrera Gutierrez is quoted saying, “The bottom has been hit and now, up it goes.” The article is focused on the luxury home buying market, with the majority of buyers coming from the Northern America. The homes are being purchased for retirement and vacation or rental properties and boast some of the lowest per square foot prices in the Caribbean. (Popescu) The most interesting piece of the article is the fact that the majority of the buyers are from the North America because they recognize the Re-Max brand in the DR. Home buying in the Dominican Republic is often handled through a lawyer; the buy and the seller much each obtain their own separate counsel. The lawyer plays a crucial role in the home-buying processing, ensuring that the due diligence is complete when it comes to the house being lien
In 1492, while on a journey to the “New World,” Christopher Columbus discovered an island that he would call Hispaniola. At the time of discovery, The Taino Indians occupied the island. After years of Spanish reign the Taino Indians eventually died off, due to years of slavery and diseases brought to the island by the Spaniards. In 1496 the capital city Santo Domingo was founded. The nation toggled between Spanish rule and a Haiti invasion eventually recognizing Independence on February 27, 1844 as the “Dominican Republic.” (PwC, 2015)
The Dominican Republic occupies the eastern two-thirds of the Hispaniola Island today. The island lies between the Caribbean Sea and the Atlantic Ocean and is about the size of New Hampshire. …show more content…
The new 400 room resort style hotel will be opening in late 2017 in the capital city, Santo Domingo. The hotel is set to enhance the night life in the city and hopefully bring tourism a bit more inland from Punta Cana. It is said that this hotel will be another “familiar brand to American travelers in the historic Santo Domingo.” (Major) A new roadway was recently constructed between Punta Cana and Santo Domingo to reduce traveling time and allow guest to visit both destinations in the same …show more content…
It is said that the market has not fully recovered from the 2008 world financial crash. Mr. Herrera Gutierrez is quoted saying, “The bottom has been hit and now, up it goes.” The article is focused on the luxury home buying market, with the majority of buyers coming from the Northern America. The homes are being purchased for retirement and vacation or rental properties and boast some of the lowest per square foot prices in the Caribbean. (Popescu) The most interesting piece of the article is the fact that the majority of the buyers are from the North America because they recognize the Re-Max brand in the DR. Home buying in the Dominican Republic is often handled through a lawyer; the buy and the seller much each obtain their own separate counsel. The lawyer plays a crucial role in the home-buying processing, ensuring that the due diligence is complete when it comes to the house being lien