NEWS FLASH!!!

AREExpoIII Goes Virtual!
Watch the entire event for
two months following the
actual event.

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AREExpo. DEDICATED TO
Green Living and Travel
| LEARN MORE HERE |

 

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Americas Real Estate ExpoIII
Dominican Republic, July 1-4, 2009
Dominican Fiesta Hotel & Casino, Santo Domingo

EXHIBITS, SEMINARS,
PRESENTATIONS and TRAINING

Special travel packages available for
DELEGATES and SELLERS

EXHIBIT SPACE IS LIMITED
FOR BOOTH RESERVATIONS CALL: 561.439.6601

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Letter from N.A.R.

“NAR is pleased to sponsor AREExpo for the second year. This show offers Realtors such a great opportunity to network with professionals from Central America and the Caribbean. We thank the organizers for the opportunity to participate with ARREExpo III"

Elena Carrillo
International Strategic Manager
International Division
National Association of REALTORS®

Letters of Recommendation

Ms. Lucia Anreus-Hall, Producer
Americas Real Estate Expo
4095 State Road 7, Suite I-165,Wellington, FL 33449

Dear Lucia,

Please consider this a “Thank You” note for putting on Americas Real Estate Expo in Panama in September. Floridays experienced a great deal of interest in our resort because of this trade show.

We used to market primarily in the United States and Europe. Your show opened up new marketing opportunities and for that we are grateful.

On a personal note, the dinners and entertainment were wonderful. That made the experience even better.

Best regards,
Neil Scott, Vice President

Previous Exhibitors Letters of Recommendation

| World Play | Hacienda Pinilla | Cámara Costariicense de Corredores de Bienes Raíces
| Costa Rica Global Association of Real Estate |

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Property outlook is great and real estate tourism is booming in the Dominican Republic, says the forecast from the Dominican Association of Real Estate Tourism Companies (ADETI).



U.S. $1.5 billion is invested in real estate property developments in Dominican Republic, says the ADETI President, Juan Bancalari. The real estate tourism prospective is even more upbeat considering the fact that it is expected to attract US$3.0 billion per year within three years.

Marinas, beaches and golf courses are the leading factors that make real estate tourism and investment in the Dominican Republic so attractive. However, the country has competitors such as the wonderful beaches of Mexico and Central America. For this reason Bancalari, the president of Dominican Association of Real Estate Tourism Companies, says that the country needs to project an image of security for real estate and other types of investments to develop tourism and properties for European and American holiday vacationers.

It seems that the projection of a secure investment environment is working. As real estate development is experiencing a slump in Florida, a local engineering company is looking not only outside of the box, but also outside of the U.S. borders. "Bonita Springs-based Stafford Engineering will open the doors of a new office in downtown Santo Domingo, the capital of the Dominican Republic, on Tuesday and begin offering architectural, engineering, real estate, construction management and business relocation services in the Caribbean Island country." – reports Naplesnews.com in its July 31, 2007 issue.

The newspaper says that "Other Southwest Florida businesses also are moving into Caribbean markets, Garcia added: Cape Coral-based Bellagio Homes and SJR Development are developing a residential community in the Dominican Republic, and The Jack Parker Corp., a Fort Myers-based real estate development company, is building a mixed-use community in Costa Rica."
There is a change in tourism and holiday vacationers' trends. According to Frank Rainieri, the vice president of ADETI, tourism is changing toward real estate tourism. "Before hotels were simply pure hotels. All the large chains of the world (…) are already entering the tourism real estate component. I believe that that already creates the new dynamics of investment in the tourism sector." - Dominicantoday.com.

Tourism, and particularly real estate property tourism, has been among the top five currency generating factors for Dominican Republic. It was this type of tourism that created the boom in the coastal areas of Southern Spain in 1970s and 1980s, which used to be Spain's most economically depressed areas. Today, due to the real estate tourism and boom in properties, these have become some of Spain's most developed and attractive areas. The Dominican Republic intends to do just the same by attracting more real estate tourism and emphasizing that investing in the Dominican Republic's real estate and property market is safe and secure.

Posted By : West Indies Real Estate Team