The latest video on my new YouTube channel, The Ronan McMahon Report, has provoked a lot of comments…
I wanted to share a few of them with you here—both the positive and the negative—so you can see my answers.
This video is a deep-dive on Cap Cana, the stunning 30,000-acre master-planned enclave in the Dominican Republic. As I write this, it has been viewed more than 44,000 times.
Here’s one comment….
My answer: Many things make Cap Cana stand out. Here are two critical components…
One is scale. Cap Cana isn’t just a resort. It isn’t just a luxury community. It’s something rarer and more ambitious: a Caribbean city-state in the making. With over 30,000 acres of planned development, it’s bigger than many Caribbean nations.
Another thing that makes it special is the price point. You can still buy in Cap Cana at prices you wouldn’t see in other luxury Caribbean enclaves. Think prices starting in the $400,000s instead of millions of dollars…
In this destination deep-dive on my new YouTube channel, I take you to a stunning Caribbean enclave. Click to view…
I got lots of great comments on my video.
Here’s another:
If you’re into horses, Cap Cana delivers.
In the equestrian zone, Los Establos, you’ll find stables, polo fields, and riding trails.
Wealthy visitors can fly in their own thoroughbreds to Punta Cana’s international airport and stable them at the community’s state-of-the-art equestrian center. The rest of us can saddle up too, with beach rides, lessons, and guided treks on offer.
And yes, there will soon be a major FIFA facility in Cap Cana too.
As I mentioned, I got some negative comments too.
Here’s one:
My response to this comment is simple…
Why would you limit yourself to one country, one region, or one worldview, when you can cherry-pick the best opportunities from different places?
For me, the Latin world has many bests…
- Best weather on earth? Cabo.
- Some of the best food in the world? Mexico City.
- Best for banking and international structuring? Panama.
- Best international residency? Uruguay.
- Best city investment? Asunción, Paraguay.
It’s a free world. You can think what you want. But dismissing an opportunity simply because it’s “Latin” means closing yourself off to some of the most compelling opportunities on earth.
Here’s another comment I got:
Like any country, there are neighborhoods in the capital, Santo Domingo, and other cities I’d avoid.
But in my own experience, I’ve felt safe throughout the Dominican Republic—including when I drove across the country on long road trips.
And if security is still a big concern for you, Cap Cana is a private, master-planned enclave with strict security at all access points.
As for being poor…
Since the early 2000s, the Dominican Republic has seen annual GDP growth rates that often surpass 5% to 7%.
Over the past 50 years the average GDP growth rate has been 4.9% as the country has narrowed the gap with the U.S.
Number crunchers in organizations like the World Bank call the country’s robust economic progress “the Dominican Republic Miracle.”
So this is a country that has been developing rapidly, as another commenter noted…
You’ll always have naysayers. But you, my good reader, see the bigger picture.
If you haven’t watched it yet, you’ll find my full deep-dive on Cap Cana on my new YouTube channel. Don’t forget to leave your comments and questions. My team and I read them all.
Wishing you good real estate investing,
P.S. I’m releasing a new destination deep dive every week on The Ronan McMahon Report. Watch out for a new one on Thursday.
Coming up: a rising city in Baja California some are calling the “next Cabo”…a hill town in Sicily overlooking the Mediterranean where homes sell for less than the price of a new car…a Portuguese destination I consider the country’s “last undiscovered coastal city”…and much more…
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