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Monday, November 12, 2007

Stunning beaches, cheap prices trigger Caribbean land grab

The Providence Journal: "CABARETE, Dominican Republic Fifteen years ago this beachfront village was a bohemian paradise where windsurfers and backpackers could buy a week of sun and sand for what they might pay per day at pricier Caribbean resorts. Cheap deals are still available, but now a higher class of tourists is flocking here, many coming with their checkbooks open and their eyes peeled for beachfront investment property."