NuWire Investor Ranks Top 5 Places to Buy Caribbean Real Estate
September 10, 2007 (PRLEAP.COM) Business NewsBellevue, Wash.—NuWire Investor recently published its rankings of the Top 5 locations for real estate investment in the Caribbean. In its analysis, NuWire considered a combination of geographic, economic and political factors, current real estate values and rental rates, protection from hurricanes, cost of living, growth in tourism and other industries, job markets and safety against crime.
Because most (if not all) of the islands in the Caribbean are considered to be developing countries, NuWire also took into account the governing systems in place that might work to either promote or suppress economic growth. Aruba and the Netherlands Antilles, for instance, benefit from support provided by the governing Netherlands, while Trinidad and Tobago and the Dominican Republic are independent countries striving for self-sufficiency. Roatán and the Corn Islands were also selected in the Top 5; the small islands belonging to greater Honduras and Nicaragua, respectively, are attracting investors and tourists alike as they provide a more affordable alternative to mainstream Caribbean destinations.
The Top 5 Places to Buy Caribbean Real Estate are:
1. Trinidad and Tobago
3. Dominican Republic
4. Netherlands Antilles (Bonaire and Curacao)
5. Roatán (Honduras) and Corn Islands (Nicaragua)
To view the full rankings, visit http://www.nuwireinvestor.com/articles/top-5-places-to-buy-caribbean-real-estate-51209.aspx
NuWire Investor provides investment news on a range of alternative investment topics, such as U.S. and international real estate, tax liens and deeds, lending, franchising and others. For more information, and to access additional analysis, research, commentary and expert interviews, see www.NuWireInvestor.com.