The Bank of Reserves of the Dominican Republic (Banreservas) inaugurated yesterday in Madrid the second edition of its international real estate fair, aimed at both the Dominican diaspora residing in Europe and potential European investors interested in the Dominican market, with the presence of the Dominican ambassador, Tony Raful.
The Dominican Republic continues to consolidate its international positioning as one of the most attractive destinations for real estate investment in the Caribbean. The financial entity offers during the fair mortgages with preferential conditions, with rates starting from 9.50%, financing of up to 90% of the property’s value and terms of up to 20 years.
The executive president of Banreservas, Leonardo Aguilera, highlighted that this initiative seeks to “facilitate access to housing and strengthen the economic bond of Dominicans residing abroad with their country of origin.”
“Together with our strategic allies, we offer more than 5,000 housing solutions in different regions of the Dominican Republic, with competitive conditions and attractive financing facilities for our compatriots residing in Europe,” he stated.
Aguilera also emphasized the moment of growth and stability that the Dominican Republic is experiencing, factors that, he stated, “continue to drive the confidence of international investors in the country. The Dominican Republic is undergoing a process of expansion, modernization, and trust that strengthens its appeal for investment and consolidates the country as one of the most dynamic markets in the Caribbean.”
The fair brings together until tomorrow, Sunday, May 24, developers, construction companies, entrepreneurs, institutional representatives, and members of the Dominican community in Europe. Among the participating firms are Inmobiliaria Reservas, TuCasaRD, Plusval, Mr. Home, and Keller Williams Dominicana.
