ideal-LIVING.com ideal-LIVING • fall 2015
Bahia Principe purchased its first beach property in the Dominican Republic in 1995 and today operates 12 all-inclusive destination resorts located in Puerto Plata, Samana, Punta Cana and La Romana. The company
also has luxury resorts in the Canary Islands, Jamaica and Mexico. With
the success of its vacation properties, Bahia Principe has expanded into
the development of upscale residential communities, offering villas, homes
and homesites in Mexico and Jamaica, as well as Playa Nueva Romana in
the Dominican Republic.
Jaime Sitjar is the General Manager of Bahia Principe Residences and
Golf Resorts for the Dominican Republic and Mexico. His enthusiasm for
Playa Nueva Romana and the Dominican Republic is genuine.
“My wife and I own a lot with a magnificent sea view in Playa Nueva
Romana,” Sitjar said, “where we are currently building our dream home to
spend winter time with the family ... Our Playa Nueva Romana exclusive
complex is located between Santo Domingo, the country’s capital and largest city, and Punta Cana, the most famous Caribbean tourist destination.
[It’s] within minutes from two international airports and one hour away
from the Punta Cana airport, offering great accessibility from anywhere.
With 1. 2 miles of beach, two astonishing golf courses—a par- 3 nine-hole
course and an 18-hole professional course—and two five-star Bahia Principe hotels within our facilities, as well as many other amenities, [these]
are some of the features that complement a delightful lifestyle in the warm
breezes of the Caribbean.
“Regarding property ownership,” he continued, “this country’s laws allow foreigners to freely invest without having to worry about anything,
offering the possibility of actually owning the land (no limited-lease, citizenship or LLC requirements), a 10-year tax exemption for first-time buyers in certain investments, such as Playa Nueva Romana, and the possibility
for U.S. and Canadian citizens to easily get mortgages at local banks.
“The Dominican Republic,” Sitjar concluded, “is a country that ... has
everything from great beaches, eco-tourism destinations, monuments and
museums that hold more than 500 years of history ... But foremost [are]
its people with their warmth, kindness and hospitality ... [The] year-round
warm temperatures and the convenient foreign-investment environment
are some of the attributes that make them certainly say that ‘the Dominican Republic has it all.’”
lUXURIOUS DOMINICaN REPUBlIC COMMUNITIES
Playa Nueva Romana–Bahia Principe