Dominica Real Estate

The Commonwealth of Dominica, known as "The Nature Island of the Caribbean", situates itself between the North Atlantic Ocean and the Caribbean Sea, about half of the distance from Trinidad and Tobago to Puerto Rico. Its total land area of 754 square meters provide a plethora of resources from timber, agricultural crops, and arable lands to natural luscious green forests, and rugged mountains of volcanic origin. The naturalness Dominica offers make it very inviting for ventures in real estate property investments and ecotourism.

Dominica is a paradise of high-sloping mountains and cliffs plunging straight into the mouths of the Caribbean sea and the Atlantic ocean, depending on whether the cliff is on the western or eastern part of the island. Its exquisitely lush and diverse animal and plant life make it a paradise to die for! All this natural beauty is preserved and protected by a comprehensive natural park system employed especially by the government; the topography of the area is mostly mountainous. This "green jewel" in the Caribbean is a country full of unexploited natural beauty, craggy peninsulas and verdant mountains, whose peaks are often in constant refuge with the clouds.

The attractions that set Dominica apart from the other Caribbean islands is its wild, raw tropical landscape, the Dominican people's innate pride and insight of environmental stewardship and the exciting opportunity to be a part of the island's legacy.

Before, it was not easy to earn a living in Dominica. But since then, improvements in real estate properties, enhanced infrastructure and communications, a firm government and extensive assistance from external institutions have been the prime factors in making the country attractive to outside investments.

The capital of Dominica, Roseau, is a little, cute, rickety town. The center of Roseau thrives with distinct Caribbean activities. Each street corner features vendors of fruits, vegetables and home made delicacies. The slim, sizzling streets grade down slowly towards the waterfront, and the cruise ship dock lay witness to a sizeable marketplace that sells local products and fish in a raucous, vivid, malodorous atmosphere.

There is not much significance in the sale of property especially when pertaining to real estate in Dominica. Property sale in Dominica is not as dynamic compared to other countries in the Caribbean. Most of the accessible buildings have a tendency to be small. Even if it looks cute and charming, most real estate properties in the country need a touch of modernization, strengthening and leveling up to higher standards. Investments then may take its focus on the land, which is suitable for real estate development.

The Dominican economy primarily relies on agriculture, particularly bananas, and remains greatly susceptible to climate changes and global economic trends. Aside form its revenue in Banana production, Dominica also gets income from utilizing resources and encouraging investments related to tourism. Tourism sky-rocketed in 2003 as the government became hell bent in promoting Dominica as an "ecotourism" destination. However, development of the tourism industry continues to become difficult since coastlines in the country are not conducive for tourists; there is a lack of beaches, and there is the absence of an international airport.

Investing in land in the Commonwealth of Dominica bears fruitful results. The benefits include: Investment in our global environment by the acquisition of major rainforests for the future; Novel business prospects for foreign investors through the advance of tourism and development of environmental projects.

Gradually, Dominica will be the Caribbean's environmental leader. If this pushes through, real estate property and land will turn into a tremendously precious investment. Dominica's showcase of natural marvels and rich cultural heritage have made it a one of a kind ecotourism destination which leaves the other Caribbean islands at envy's end.