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The overseas property specialists, DSR, have just added a new development to their Dominican Republic portfolio.

The Mar del Rey complex is 5 minutes walk from the Boca Chica beach, and within walking distance of numerous bars, restaurants, a casino, an exclusive yacht club, two 18 hole golf courses, a marina and other spectacular beaches. Boca Chica, is also only 10 minutes away from Las Americas international airport, and 20 minutes from the Dominican Republic capital Santa Domingo.

Designed with international purchasers in mind the residential complex offers an excellent entry price of £36,750. And the new build project comprises over 200 one and two bedroom apartments, 12 town houses and 20 duplex apartments in Boca Chica on the south coast.

While the resort features adult and children's swimming pools with changing rooms, green areas, another pool with side bar, sun-chairs and loungers. Apartment sizes range from 50m2 to 80m2, and the penthouse (top-storey) units come with a private 65m2 roof terrace, where a Jacuzzi can be installed. All apartments come with private parking and security.

Capital appreciation on similar off-plan Dominican Republic properties when they go onto the resale market even as little as a year later has been as high as 50 percent. Based on a purchase price of £36,750 a conservative price increase of 40% will yield a profit of approximately £14,400. In addition, a 10% guaranteed rental income for the first year offers a further £3,675. Similar yields can be expected afterwards as tourism continues to grow in the country; tourist visits were up 84,000 from Jan-Apr on the same period last year.

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