Miami, FL -- (SBWIRE) -- 06/25/2010 -- Buyers Begin Moving In and Establishing Their Homes in Paradisiacal Las Terrenes
Santo Domingo – The Dominican Republic has an abundance of attractions to offer both visitors and investors looking for a retirement or second home – a tropical climate that rarely dips below 60 degrees, unspoiled natural beauty, diversity and accessibility, a stable government and economy. The country is home to some of the world’s best golf courses, marinas, nightlife, eco-adventure and cultural and historical diversions. Investors are choosing the northern region of Las Terrenas specifically for its pristine beaches and great growth potential. A town of expatriates and relaxed setting bodes well for those seeking a haven from the hustle and bustle of work, family and life, especially for Canadians.
In November of 2009, Montreal resident Marcel Knafo, purchased a 3 bedroom apartment as well as a luxury villa at Balcones Del Atlántico. Marcel Knafo is super excited to have a tropical getaway to escape the cold winter months. In his search for a vacation home, he was seeking a convenient location that also presented an excellent investment opportunity. Moreover, from different cities of Canada you have direct flights to Samana’s airport. “Since the opening of Samana El Catey airport, Las Terrenas has become a very convenient destination just a four hour flight from Montreal-Trudeau airport” stated Marcel.
Las Terrenas is the ultimate Caribbean destination which has become the perfect escape from reality. In this serene village, relaxation and adventure are only a few steps away while enjoying the warm breezes and the pleasant climate. “Las Terrenas is unique in the Dominican Republic with its authentic village, virgin beaches, wonderful people and its French and Italian expats community adds a European flavor and experience to the area” he explained. “I felt that there were better investment opportunities in this area as it is still in the development stage” stated Marcel.
Balcones Del Atlántico offers one to five bedroom unit apartments, town houses, condos and villas featuring breathtaking rooftop terraces with solariums, Jacuzzis and pools. Balcones Del Atlántico brought in renowned interior designer Patricia Reid Baquero to create a home of simple luxury. Through her use of natural, pristine elements, Baquero has created a carefree and serene environment prime for rest and relaxation.
The Bisonó Group was founded in 1959; Bisonó is considered the cornerstone of the construction industry in the Dominican Republic, working for private and public interests with tireless effort and maintaining an indisputable reputation. More than 15% of every Dominican is currently living under a roof constructed by this group. The Bisonó group has been recognized both locally and internationally because of its relevance in the industrial, urban, and tourism development market. “Balcones Del Atlántico in my opinion is the premier development in Las Terrenas. Well designed, well managed and immaculate, this complex is located on a beautiful beach front. When this project is completed with all the services and amenities planned, it will be the most sophisticated high-end resort in the area” stated Marcel.
In the Dominican Republic, investors can buy prime oceanfront property for a fraction of the cost of comparable properties throughout the U.S. and Europe.
In 1998, the Dominican Republic government enacted a law allowing foreigners to buy property in the country with the same rights and obligations as a Dominican resident, the only requirement being the Title Registry Offices keep a record of all purchases made by non-citizens. There are numerous incentives the government provides for Foreign Direct Investment including hands-on assistance to investors, a highly developed free trade zone system, efficient shipping networks and the strongest telecommunications sector in Latin America.
About Balcones Del Atlántico
A dreamlike beachfront community in the serene village of Las Terrenas, Balcones Del Atlántico will showcase a superior collection of more than 350 exquisite bungalows right along the coastline of some of the Dominican Republic’s most stunning beaches. Set on 66 acres of a former coconut plantation, Balcones Del Atlántico prides itself on offering its residents and guests simple luxury. Residents can choose from one to five bedroom units consisting of apartments, penthouses and town homes featuring breathtaking rooftop terraces with solariums, Jacuzzis and pools. While all the units are built with the most exquisite natural resources from the Dominican Republic, Italy and Spain, each design is different to accommodate a large demographic of singles, couples and families. Developers, the Bisono Group have more than 30 years of experience and were recently votes “Best Construction Company in the Country” by Revista Mercado. The property boasts Balcones Del Atlántico, A RockResort, which will be the hospitality group’s first venture in the Dominican Republic. Additional amenities include a variety of unique pools of all different shapes and sizes, a 13,000 square foot club house, a beach bar/club, a spa and gym, tennis courts and more. For more information visit http://www.balconesdelatlantico.com.do or call 1.800.770.3359.
Media Contact:
Dianne Bisono,
AMG PR WORKS
305.856.8004 x306
dianne@amgwagency.com