My name is Elaine Gomez born and raised in Dominican Republic. I came to the USA for the first time when I was around 8 and grew up in both places, until my parents decided to stay for good in USA. I stood with my Mom when my parents split up around the age of 15. One of my first jobs was in sales, even though I was not in love with the product I was selling I learned at an early age about listening. I discovered my strength for sales at a very early age. All my jobs consisted of selling either international home plans, phone cards to make international calls or merchant processing for businesses. My passion to deliver great customer service to my clients is what stands me a part, I cross beyond industries and distance to make my clients needs and desires met. Can you believe I still have clients from 20 years ago when I started selling phone cards that tells you a lot about my transparency when doing business. Let’s face it buying real estate is not like a Phonecard, international plan or merchant service. This is a lifetime investment this requires trust and communication. That’s why my clients turn into family. Let me guide you and educate you through this journey of home ownership in my mother land of Dominican Republic, one of the most beautiful countries in the world.
Yes, you should invest in the Dominican Republic and here are a few good reasons why investing in real estate for either a vacation property, second home or purely investment in the DR makes sense.
“Tourism is one of the pillars of the Dominican Republic’s economy, with an estimated 25% of the nation’s GDP.”
Did you know that the Dominican Republic had approximately 5.1 million people visit making the DR the number one tourist destination in the Caribbean? For this reason, rental returns (on average 70% occupancy rate per annum) are very lucrative and why developers especially in the Punta Cana Investing in Dominican Republic Real Estate – Timing is Right!
DID YOU KNOW Investing in Dominican Republic real-estate for a second vacation home, retirement or solely investment purposes, the timing is right. Prices are increasing but still affordable. With a continuous growing tourism market and a stable government which strongly encourages foreign investment help to make the Dominican Republic very appealing. Lastly, we cannot forget the warm tropical weather and the world class beaches. I guess the Dominican Republic really does have it all! Yes, to invest.
DID YOU KNOW THAT Outsourcing core functions to a reputable property management company is an easy and affordable way for an investor to ensure that their property remains in great condition and maintains its value? In many cases, investors who attempt to do everything on their own find themselves in situations that they are not prepared for.
“There is a real financial risk for an investor who decides they can do everything on their own,
Landlords do collect a security deposit but if a tenant causes damage that goes beyond that cost, and it cannot be proven to be their fault, the investor could end up in serious financial trouble.” Or even in a heated or physical altercation
All these potentially risky scenarios can be avoided by hiring a professional property management company. From screening for high quality tenants and managing marketing and listings to handling any legal situations that arise, property management companies give investors the sort of peace of mind that is hard to find.
“Investment properties typically play an important part in an individual’s retirement, so there is a lot on the line, Noval solely partners with experienced and professional property management companies who know all of the ins and outs of renting properties and the potential risks. We handle all tenant placements on behalf of the property owner and manage all the listing services throughout various marketing websites. We have that experience of screening people to make sure the investor has quality tenants in their property.”