By Joan Feliz Valoys
Special for El Inmobiliario
In recent years, the Dominican Republic has positioned itself as one of the most attractive tourist destinations in the Caribbean and Latin America. However, the Dominican tourism sector has evolved and is no longer solely focused on attracting seasonal visitors. The eastern region of the country, especially areas like Punta Cana, Cap Cana, and other projects belonging to the Association of Tourism and Real Estate Developers (ADETI), has promoted a real estate tourism model, an approach that not only maximizes economic income but also offers stability and long-term prospects. These projects have demonstrated that real estate tourism is an engine for the country's economic and social development, transforming how tourism is perceived and utilized in this region.
A profitable and sustainable tourism model
Real estate tourism is not just a source of immediate income; it's a long-term investment in the country. Projects like Cap Cana, which combines luxury resorts with high-end residential properties, have proven to be a highly profitable business model. This type of development not only attracts tourists but also encourages the arrival of high-net-worth residents seeking a second home or retirement retreat in a tropical paradise. This generates consistent income and reduces dependence on seasonal tourism, giving the Dominican economy greater stability.
Furthermore, these real estate projects create an ecosystem that attracts not only property buyers but also businesses and services seeking to capitalize on the influx of high-spending customers. This translates into jobs, business opportunities, and an environment of economic growth that benefits local communities, which is fundamental to the development of the eastern region.
ADETI's role in promoting real estate tourism
The Dominican Association of Tourism and Real Estate Companies (ADETI) has been key in positioning the Dominican Republic as a leader in real estate tourism in the Caribbean. Its members, which include developers of projects such as Cap Cana and other luxury resorts, have promoted a vision of sustainable and high-quality development. These developments align with the global demand for luxury and residential tourism, meeting international standards and ensuring that the country remains a desirable destination for investors and buyers worldwide.
ADETI has played a vital role in promoting best practices, regulating the sector, and collaborating with the government to ensure that real estate projects benefit the local and national economy. Furthermore, the association promotes sustainability and environmental policies, which are essential for preserving the region's natural attractions and ensuring the long-term viability of the tourism industry.
Impact on local development
It is important to highlight that real estate projects not only benefit investors and the country in macroeconomic terms, but also have a direct impact on local communities. The construction of these complexes generates employment for thousands of Dominicans, from construction jobs to maintenance, administration, and customer service positions once the properties are operational.
Furthermore, these projects tend to develop infrastructure that also benefits local residents, such as roads, healthcare, education, and recreational facilities. Thus, well-managed real estate tourism can be a tool for social and community development.
A promising future for Dominican tourism
Real estate tourism in the eastern region of the Dominican Republic is a promising investment for the future. Investment in infrastructure and high-end projects, such as Cap Cana and developments by other ADETI members, has laid the groundwork for a tourism sector that transcends the occasional visitor and becomes a generator of lasting value. By attracting investors and permanent residents from around the world, the Dominican Republic ensures that its tourism economy is less vulnerable to seasonal fluctuations and unforeseen global economic events.
In conclusion, real estate tourism in the eastern region is key to the country maintaining its competitiveness in the international tourism market. With the support of associations like ADETI and a commitment to developing high-quality, sustainable projects, the Dominican Republic is paving the way for more profitable, sustainable, and beneficial tourism for all stakeholders. This model represents a unique opportunity for the country to further solidify its leadership in the Caribbean, transforming tourism into a fundamental pillar for the nation's economic and social development.
The author is an MBA, a specialist in Digital Marketing, and the operations manager of Constructora Incaribe, with more than 10 years of experience in the construction and tourism sector.
