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Dominican Republic - Punta Cana - Real Estate Investment Opportunities In A Caribbean Paradise By Roberto Bell With pearly white sandy beaches, a sub-tropical climate, and plenty of ocean front property, Real Estate is booming in Punta Cana as thousands of Americans and Europeans are also discovering that the East coast of the Dominican Republic is the best place to buy their second or third home. The options are endless: condos, luxury homes, apartments for rent or purchase, beach-front properties, vacant land, and more.
Punta Cana offers 30.000 hotel rooms and more than 30 five-star hotels with 20.000 rooms under construction. World class golf courses, commercial centres, new highways and International airport.
Many new investors from all over the world have already discovered the advantages and opportunities that lie here in Punta Cana and are assuring a constant growth over the next 7 years to make Punta Cana - Bávaro the best destination in the entire Caribbean and Latin America.
A virtual "unknown" until the late 80's, Punta Cana has fast become one of the most desirable places to live - and vacation - in the Caribbean.
Because Punta Cana has become so popular, it's also grown to be a resting spot for the rich and famous. The east coast of the Dominican Republic is known for its beauty and spiritual inspiration and Punta Cana is a place where nearly every visitor at least entertains the idea that "this would be a great place to live".
Due to Punta Cana tourism based economy and infrastructure; it's ideally suited to retirees and entrepreneurs with a healthy nest egg. Rest and relaxation
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is the main attraction in this tropical location. Because of Punta Cana´s popularity and limited beachfront land availability, real estate prices for beachfront properties are climbing 20-30% every year. The average price of a two-bedroom beachfront condo is now $180.000US. Housing can be found at lower prices, if you accept some walking distance to the beach. The United States market is now beginning to identify the values and the opportunities that lie here in the Dominican Republic, particularly in a project like Cap Cana, which is aiming to the highest end of the world market," said Ellis Perez, president of Cap Cana. Other popular golf- and resort projects attracting real estate buyers from all over the world are Roki Ki and Punta Perla. Real estate in the Dominican Republic is so hot that even before they broke ground at the project Roko Ki they had sold $100 million in properties, 90 percent to Americans -- that too, all in one day. The foreign living magazine EscapeArtist.com says: "How about a Caribbean island where the living is easy and the possibilities endless? How about a place where doing business is hassle-free and profitable? How about a place where there is room for mountain farms, the real estate is at bargain basement prices and the beer is great? What if I throw in a historic colonial zone where 500 year old buildings are up for sale and the tourists are mostly European? Sound too good to be true? Well, it's true! The island is the Dominican Republic and everything I've just said about it is absolutely true. As a spot to move to and live I know of few places that are better. It's one of a kind." For more information on real estate in Punta Cana - Bávaro and Uvero Alto please visit http://www.punta-cana.us Karl Lober is a real estate professional living more than 11 years in the Dominican Republic and offers complete real estate and rental service in Punta Cana on the East coast of the country.At his website www.punta-cana.us you will find many investment opportunities in Bávaro - Punta Cana.
Here are some more estate planning articles...
Why Uncle Sam Wants You ...to Purchase A Home! By Nef Cortez One of the best tax breaks that the United States Tax Code allows for is the deduction of mortgage interest and property taxes paid on one=s personal primary residence. Over 66% of Americans enjoy Read more...
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Information About Bank Foreclosure And The Helpful Foreclosure Listings By David Yuri A bank foreclosure is a home or a property owned by banks or lenders as a result of foreclosure and put into public auction. Foreclosure is a pocedure that has to take place when a homeowner doesn’t Read more...
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Baby-boomers--will-they-be-able-to-afford-their-parents- By Lee-R.-Phillips Do you worry about whether your aging parents have their "affairs inorder?" You should. After all, you’re the one who will have to payunnecessary taxes and endure time-consuming court Read more...
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Are You Losing Prospects Because You Don’t Know How To Market Effectively? By *** Betty Ziegler *** So you have more real estate listings right now than buyer leads. Not surprising, as the number of homes for sale in this market is overwhelmingly more than the number of sales going on. Read more...
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Aldi opening new store in Greensboro <img src='http://assets.bizjournals.com/triad/news/post-aldi*100.jpg?v=1'>Greensboro is getting yet another grocery store.
Aldi, a Batavia, Ill.-based subsidiary of Germany's Aldi Group, plans to open a new store at 1507 New Garden Road sometime in 2013, according to a spokesman for the company.
Aldi bills itself as a super-discount chain with a no-frills approach and a limited selection of 1,400 items. The company already has 10 stores in the Triad located in Asheboro, Burlington, Greensboro, High Point, Kernersville, Lexington, Thomasville and Winston-Salem.
The new Aldi store comes at a time when the landscape among grocers in the Triad is becoming increasingly competitive...<div class="feedflare">
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</div>Lorillard donates $100,000 to Greensboro arts group Lorillard Tobacco Co. has donated $100,000 to the United Arts Council of Greater Greensboro?s annual Arts Fund campaign, which kicks off on Feb. 21,
Lorillard Chairman, President and Chief Executive Officer, Murray S. Kessler said in a statement that the company hopes "the increased support will encourage other businesses to recognize the incredible value the arts provide this community -- both for the quality of life our employees enjoy and for the vitality and economic impact the arts bring to our city...<div class="feedflare">
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</div>N.C. DOT awards $53 million in contracts for U.S. 29 Business, Wendover Ave. work The N.C. Department of Transportation has awarded nearly $53 million in contracts to widen U.S. 29 Business in Rockingham County and resurface bridges on Wendover Avenue in Guilford County.
A $50.7 million contract was awarded to W.C. English Inc. of Lynchburg, Va., to widen U.S. 29 Business/Freeway Drive from South Scales Street to N.C. 14 on the western side of Reidsville in Rockingham County.
The work can begin Feb. 27, with final completion set for Nov. 1.
A separate $2.2 million contract was awarded to Lanford Brothers Company Inc...<div class="feedflare">
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</div>Construction begins on downtown Greensboro restaurant, parking lot Momentum Development Partners of Raleigh has begun construction on its long-planned South Elm Street redevelopment project in Greensboro.
Ed Wolverton, president of Downtown Greensboro Inc, said the company has begun renovating a building that will become home to a new restaurant called The WORX and will soon begin work on a new parking lot at 120 Barnhardt St. The lot is expected to provide between 150 to 200 spaces.
?They have always planned to develop that land for parking,? Wolverton said...<div class="feedflare">
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</div>Greensboro-High Point region ranks 63rd in job growth <img src='http://assets.bizjournals.com/triad/post-jobapplication*100.jpg?v=1'>Private-sector employment in the Greensboro-High Point region grew less than percent in 2011, according to a new review of U.S. Bureau of Labor Statistics data by On Numbers.
Of the nation's 100 largest metro areas, the Greensboro-High Point region ranked No. 63 in percentage growth for jobs. The Winston-Salem region was not included in that list.
The Greensboro metro area added 2,500 jobs during the year, increasing private-sector employment to 296,000 in 2011 from 293,500 in 2010.
While the Greensboro-High Point region saw 0...<div class="feedflare">
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Waste Connections reports higher earnings for 2011 Waste Connections Inc., a Texas based company that is in the process of moving from Folsom, reported higher revenue and earnings for 2011.
The solid-waste company posted sales of $1.5 billion, up 14 percent from the prior year. Net income was $165 million, up 22 percent.
Earnings per share for the year were $1.47, up from $1.17.
The company quoted chairman and chief executive Ron Mittelstaedt as saying cost controls helped to propel earnings. For the coming year, the company expects revenue to increase to $1...<div class="feedflare">
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</div>Parent of Bank of Sacramento earnings up 228% in 2011 Greater Sacramento Bancorp earned $2.3 million in 2011, up 228 percent from earning $713,000 the year earlier.
In the fourth quarter, the holding company for Bank of Sacramento earned $601,000 compared to earning $612,000 in the fourth quarter of 2010.
Greater Sacramento Bancorp (OTC: GSCB.OB) ended 2011 with assets of $407.6 million, up 10 percent from assets of $369.3 million in 2010.
?During the past several years we have diligently and successfully addressed our problem loans and the results of these efforts are witnessed by our 2011 earnings performance,? said Bill Martin, bank chief executive and founder, in a statement...<div class="feedflare">
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</div>Sacramento loses 1,300 private-sector jobs in 2011 <img src='http://assets.bizjournals.com/sacramento/print-edition/Downtown-Old-Sacramento-Quam*100.jpg?v=3'>Sacramento continues to be near the bottom in terms of job growth in the private sector. It lost 1,300 jobs in 2011, according to a new analysis.
On Numbers looked at private-sector jobs employment growth in 2011. Sacramento ranked No. 93 out of 100 of the country?s largest markets. In 2011, the city had 577,400 private sector jobs, compared to 2010?s 578,700.
In comparison, the country?s largest markets, Houston and Dallas-Forth Worth, added more private-sector jobs than any other U.S. metropolitan area during the past year...<div class="feedflare">
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The process of planning for the orderly administration and disposition of assets after the owner dies.
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