Hi members,
I am new on here and excited to learn more from you that are already living here. My partner and I have been in the hotel business in Texas for many years. We are looking at some hotels there in different parts of the country. Of course the Realtor we are dealing with is telling me the areas his listings are in is the best 
We have several properties we are coming to see; but would like to eliminate a few if the areas are not good. One of the properties is in Barahona in the southern area. Also, Cabrete and Sosua in the north. @ are in Santo Domingo; but those are at the bottom of our desire. I have researched and know the northern area along with Punta Cana are the big tourist spots. This Barahona property is really great; is that a destination spot for tourists or families from Santo Domingo? Any help and advice will be appreciated. We will come and plan to drive the island looking but your input will make a lot of sense for us in our due diligence. Also, this realtor says he can help with the business setup with the Govt. Has anyone had experience with purchasing a company there?
Thanks so much
Looking to buy business in DR
Hey, generally speaking - I would be very careful about it and very careful about doing business in DR.
if you speak no Spanish, have no concept of local mentality and reality - I would suggest reconsidering your choices.
as for hotel in Barahona region - it is beautiful region, but not so many tourists go there and the beaches are rocky with usually very dangerous tide and waves.
unless you plan to make it available for some kind of package tourists and make some deal with travel agencies from Europe/ US I see no real possibilities to make money here.Barahona can be tourist destination for local people from SD, but will it be sufficient ? I doubt about it.
Sosua and Cabarete are popular - but there are already 10's of hotels there...
Welcome to the forums. You are one step ahead of most as you have experience in your industry!! Barahona is the "new" hotspot but maybe years away from full development. NOrth Coast has been suffering a few years but is set up to improve. Next October the new Carnival cruise terminal opens which will directly effect Puerto Plata area but not likely Sosua or Cabarete. Keep that in mind.
Bayahibe, Bavaro and Punta Cana are hot spots. But everything there is very expensive so you may have to really search for an opportunity.
Realtors - no MLS type system so they represent there own listings and really don't want to help you find someone else's listing.....
I have helped several clients buy companies here. But, I am really not available to help other then answering questions here or by private message.
Remember buyer beware here. Get a good lawyer. Double check everything!
Articles to help you in your expat project in Dominican Republic
If you are looking for a job in the Dominican Republic, here are some tips and suggestions to help you. Job ...
The Dominican Republic has been attracting foreign investment for many years, dramatically increasing since 2000 ...
When looking for a job in San Felipe de Puerto Plata, also known as Puerto Plata, one of the first things to do ...
Do you wish to settle in Santiago de los Caballeros? Here is how to proceed to find a job in this major Dominican ...
Are you looking for a job in San Francisco de Macoris? Here is an overview of its economy and labor market to ...
How to find a job if you have decided to move to La Vega in the Dominican Republic? Find out in this article.
