As baby boomers start to retire in droves, and remote workers can live anywhere, people are looking for a change of scenery and a new place to call home. One such place that is quickly gaining popularity is Cabarete, a small town on the north coast of the Dominican Republic. With its sunny weather, friendly locals, and affordable real estate prices, Cabarete is quickly becoming an emerging real estate market for baby boomers and remote workers looking to make a move. In this blog post, we’ll take a closer look at why Cabarete is such a great place for baby boomers to buy property.
Affordability
One of the main reasons why people are flocking to Cabarete for real estate is because of its affordability. Compared to other popular retirement destinations like Florida or California, the cost of living in Cabarete is significantly lower. This means that people who are on a fixed income can still afford to live a comfortable lifestyle without breaking the bank. Whether it’s buying a small condo or a spacious villa, real estate in Cabarete is affordable for almost every budget.
Climate
Another reason why Cabarete is such a desirable location is because of its warm and sunny climate. With temperatures ranging from 80-90 degrees Fahrenheit year-round, Cabarete is the perfect place to escape cold winters and soak up some rays. Cabarete gets up to 330 days of sunshine each year! Plus, the town is situated right on the beach, meaning you can enjoy the sand and surf whenever you like.
Friendly Locals
One of the things that really sets Cabarete apart from other ex-pat and retirement destinations is the friendliness of the locals. Dominicans are known for their hospitality and warmth, and this is certainly true in Cabarete. The locals are always happy to welcome newcomers to the town, and many speak English fluently, making it easy for English-speaking baby boomers to make friends and get around.
Outdoor Activities
For everybody who likes to stay active, Cabarete offers a wealth of outdoor activities to enjoy. From water sports like windsurfing and kitesurfing to hiking in the nearby mountains, there’s something for everyone in Cabarete. Plus, the town has a vibrant social scene with plenty of restaurants, bars, and cafes to explore.
Investment Potential
Finally, another reason why people are turning to Cabarete for real estate is because of its investment potential. As the town continues to grow in popularity, property values are expected to increase in the coming years. This means that buying real estate in Cabarete now could be a smart financial move in the long run.
Conclusion
If you’re a baby boomer, remote worker or ex-pat who’s looking for a new place to call home, Cabarete could be just the place you’re looking for. With its affordability, warm climate, friendly locals, outdoor activities, and investment potential, it’s no wonder why Cabarete is quickly becoming an emerging real estate market for baby boomers. So why not take a closer look and see if Cabarete could be the perfect place for you to retire in style!