Investment geography

Markets where
where growth
is already happening.

Palmara operates in markets carefully selected for their real risk-return asymmetry. We invest where capital arrives before prices do.

Active4 operational
In the pipeline3 Under analysis
Active projects4 deals
Target ROI (with monthly rental income)+74% 5 years
🇩🇴 Dominican Rep. Active asset 🇦🇪 UAE — Emirates Active asset 🇺🇸 Miami Live deal 🇵🇾 Paraguay Pipeline
Main market · 3 active projects · Palmara has been operating in the DR since 2022
🇩🇴Dominican Republic

The Caribbean is growing
is growing faster than
anywhere else

The Dominican Republic is Palmara’s anchor market. Largest recipient of FDI among developing island states worldwide, with price per square meter still representing a fraction of comparable assets in Europe or the English-speaking Caribbean.

+10,7%
Year-on-year apartment price growth May 2025
Global Property Guide
4.500M
FDI inflows USD 2024 — All-time high
ProDominicana 2024
11,2M
Tourists received 2024 — Record high +9%
Ministerio de Turismo RD
8–10%
Gross annual yield — Premium tourist areas
Samana Group / BCRD
01
CONFOTUR Law — 15 years with no property tax
Projects in designated tourist zones benefit from full property tax exemption. Palmara structures projects under this regime.
02
Prices still 60–70% below comparable mature markets
Average price in Las Terrenas: 2,000–2,500 USD/m². In comparable areas of Mallorca or the Algarve: 5,000–8,000 USD/m². The entry window is still open.
03
GDP per capita x5 in two decades
From 2,460 USD in 2003 to over 11,500 USD in 2024. The World Bank projects +4% for 2025.
04
Palmara has permanent local operational presence
Office and team in Punta Cana. Direct relationships with local developers, notaries, architects, and builders.
Las Terrenas
Las Terrenas · Samaná
Main operating area
Active market · 1 selected project · Ras Al Khaimah, UAE
🇦🇪United Arab Emirates

Dubai is already done
Ras Al Khaimah
is the next big opportunity.

RAK was the emirate no one was watching. Today it is the fastest-growing market in the UAE. Real estate transactions increased by 118% in 2024. The catalyst: Wynn Al Marjan Island resort, opening in 2027.

+118%
Transaction growth 2024 vs 2023
RAK Municipality
+35%
Villa price increase 2024
Bayut RAK Report 2024
7–12%
Gross annual yield
CBRE Middle East 2025
3,9B$
Wynn Resort investment
Wynn Resorts / RAK Gov.
Ras Al Khaimah
Al Marjan Island · Ras Al Khaimah
NH Collection Views — Active project
01
No taxes. No capital gains tax. No repatriation restrictions
The UAE does not apply personal income tax or capital gains tax. For European investors, the tax differential is immediate and legally robust.
02
Wynn Resort as a permanent demand catalyst
The first gaming resort in the entire UAE is located on Al Marjan Island. When it opens in 2027, it is expected to double tourism in the emirate.
03
Prices 60–70% lower than Dubai with comparable fundamentals
RAK is 45 minutes from Dubai. Own international airport. The “affordable Dubai” narrative is real and verifiable.
04
Full foreign ownership in designated free zones
Al Marjan Island allows full freehold ownership for non-nationals. No legal restrictions on access to the asset.
Deal in active closing · Anchor market of international liquidity
🇺🇸Miami · Florida, USA

International capital,
structural demand,
deal closing.

Miami concentrates the largest flow of Latin American and European private capital in the Americas. No state income tax and a rental market with structurally high occupancy.

#1
Preferred destination for Latin American private capital in the USA
NAR / CBRE 2024
+6%
Average property price growth 2024
Miami Realtors 2024
7–12%
Estimated gross yield of selected assets
Palmara internal analysis
USD
Asset denomination — Maximum exit liquidity — Buyer financing available
USD-denominated asset with no FX risk
01
No state income tax — direct tax advantage
Florida does not apply state personal income tax. Net returns after taxes consistently outperform comparable markets.
02
Residential demand sustained by high-income migration
Miami receives a constant flow of capital and talent from Latin America, Eastern Europe, and the northeastern United States.
03
Structurally high occupancy — short- and long-term rentals
Occupancy rates in well-located residential assets exceed 80% annually.
📋
Active deal in closing process. Details will be shared with interested investors in a private call.
Miami
Miami · Florida · USA
Deal in closing process
Active pipeline · Deal under analysis · Asunción, Paraguay
🇵🇾Paraguay

Investment-grade opportunity
that very few
have priced in

Paraguay is what Uruguay was 15 years ago: solid, predictable, and still accessible. In 2024, Moody's granted it with the Investment Grade. The double taxation treaty with Spain (in force since January 2025) makes it a priority market for Spanish investors.

Baa3
Investment Grade Moody's 2024
Moody's Ratings 2024
+4,4%
Projected GDP growth 2025
Banco Central Paraguay
6–12%
Estimated gross annual yield — Asunción
Reside Paraguay 2025
35%
Public debt / GDP
BCP 2025
01
Spain–Paraguay double taxation treaty in force since January 2025
Eliminates double taxation for Spanish investors. Income generated in Paraguay can be offset in Spain.
02
10-10-10 tax system: VAT, personal income, corporate tax
No tax on foreign-sourced income. No restrictions on capital repatriation.
03
Price <2,000 USD/m² in Asunción — early access before market maturity
Comparable to Lima or Montevideo before reaching investment grade. That is precisely the timing.
04
Bioceanic Corridor as a long-term logistics driver
The infrastructure that will connect the Pacific with the Atlantic through Paraguay is already generating early-stage appreciation.
🔍
Deal under active analysis. If you want early access to the analysis before closing, contact us directly.
Asunción
Asunción · Paraguay
Market under active analysis
Next step

Which market fits
your investor profile?

In a 20-minute conversation, we’ll explain which projects are active in each market, what returns you can reasonably expect, and which option best matches your time horizon and available capital.

View active projects →

Response within 24h · Palmara team