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Old 04-25-2004, 01:28 PM
Miko Miko is offline
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Join Date: May 2003
Posts: 87
Miko Level 1 (10)
Default Sosua

is a bit different. There was (and still is) alot of inventory from the Germans moving out and the Americans have not yet pick-up the slack. Prices have been going up a bit (most likely riding the tail of Cabarete) but has not reached the kind of increases that has been happening in Cabarete. Other thing to consider is the fact that there has been many hotels closing down and tourism was, up to recently, down in Sosua/Puerto Plata, whereas Cabarete has bee able to maintain its tourist base because of its natural ressource: the wind. Its still acknowledged as being one of the top five best places in the world for kite/windsurfing. Hotels are going up or are being remodeled. General trend for tourism on the island right now is the shift to Boca Chica/ Punta Cana area. But to me, those areas lacks the small town spirit and services. You are either in an AI or nowhere.
Even with its large recent increase in price, I would still look for another purchase in or very close to Cabarete. Unless the kite/windsurfing business moves out because of the large increase in prices.
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