Buyers Begin Moving In and Establishing Their Homes in Paradisiacal Las Terrenes

Miami, FL -- (SBWire) -- 03/17/2010 -- The Dominican Republic has an abundance of attractions to offer both visitors and investors looking for a retirement or second home – a tropical climate that rarely dips below 60 degrees, unspoiled natural beauty, diversity and accessibility, a stable government and economy. The country is home to some of the world’s best golf courses, marinas, nightlife, eco-adventure and cultural and historical diversions. Investors are choosing the northern region of Las Terrenas specifically for its pristine beaches and great growth potential. A town of expatriates and relaxed setting bodes well for those seeking a haven from the hustle and bustle of work, family and life, especially for United States Citizens.

Recently, Sonia and David Glass moved into their two-bedroom apartment at Balcones Del Atlántico. Michigan residents, Sonia and David Glass were excited at the prospect of having a getaway to escape to during the cold winter months. They purchased the apartment in March 2008 and were able to watch the development come to life. “We had no hesitation investing while the development was still underway,” stated David. “Bisono Group is so well known and respected in the Dominican Republic, they’ve built some of the country’s greatest developments” he explained. “We looked in the area and Balcones was by far the best construction with the finest quality and detail being built in the region” explained Sonia.

Balcones Del Atlántico offers one to five bedroom unit apartments, town houses, condos and villas featuring breathtaking rooftop terraces with solariums, Jacuzzis and pools. Sonia and David enjoy a 177 square meter, beach-front, two-bedroom apartment with a large terrace overlooking the large, beautiful pool. “I just love sitting on my terrace, admiring the lavish vegetation with so many different shades of green amid the statuesque coconut and palm trees,” exclaimed Sonia. Balcones Del Atlántico brought in renowned interior designer Patricia Reid Baquero to create a home of simple luxury. Through her use of natural, pristine elements, Baquero has created a carefree and serene environment prime for rest and relaxation.

In the Dominican Republic, investors can buy prime oceanfront property for a fraction of the cost of comparable United States properties. In 1998, the Dominican Republic government enacted a law allowing foreigners to buy property in the country with the same rights and obligations as a Dominican resident, the only requirement being the Title Registry Offices keep a record of all purchases made by non-citizens. There are numerous incentives the government provides for Foreign Direct Investment including hands-on assistance to investors, a highly developed free trade zone system, efficient shipping networks and the strongest telecommunications sector in Latin America.

About Balcones Del Atlántico
A dreamlike beachfront community in the serene village of Las Terrenas, Balcones Del Atlántico will showcase a superior collection of more than 350 exquisite bungalows right along the coastline of some of the Dominican Republic’s most stunning beaches. Set on 66 acres of a former coconut plantation, Balcones Del Atlántico prides itself on offering its residents and guests simple luxury. Residents can choose from one to five bedroom units consisting of apartments, penthouses and town homes featuring breathtaking rooftop terraces with solariums, Jacuzzis and pools. While all the units are built with the most exquisite natural resources from the Dominican Republic, Italy and Spain, each design is different to accommodate a large demographic of singles, couples and families. Developers, the Bisono Group have more than 30 years of experience and were recently votes “Best Construction Company in the Country” by Revista Mercado. The property boasts Balcones Del Atlántico, A RockResort, which will be the hospitality group’s first venture in the Dominican Republic. Additional amenities include a variety of unique pools of all different shapes and sizes, a 13,000 square foot club house, a beach bar/club, a spa and gym, tennis courts and more. For more information visit http://www.balconesdelatlantico.com.do or call 1.800.770.3359.

Media Contact: Megan Palmer, AMG PR WORKS
305.856.8004 x304 megan@amgwagency.com