Santiago Real Estate
Dominican Republic

Santiago de los Caballeros Founded in 1495 during the first wave of European colonization of the New World, today Santiago de los Caballeros (the first "Santiago" of America) is the second largest metropolis in the Dominican Republic on the island of Hispaniola. Also known as Santiago de los 30 Caballeros, is the capital of Santiago Province.

History :
The original colony was in the city of Jacagua, but when it was destroyed by an earthquake, it was moved to its present location in 1506. It was devastated by another earthquake in 1562. Santiago de los Caballeros has sometimes been the capital of the country, and was an important strategic city in the Dominican War of Independence in 1844.


Economy :
The city of Santiago, as most of the Cibao region, is hugely dependent in the Fertile lands of the region. This makes Santiago de los Caballeros an important region for farming and livestock. The city has been recently growing into a service predominant provider. The sector has grown a lot in the recent years making it great for expansion.
It should be noted that Santiago is the 2nd most important city in the Dominican Republic after Santo Domingo de Guzman and due to that case it produces the 2nd highest percentage of the nations GDP.
Telecommunications like wireless, cable, internet and other forms hold an important part of the city too.
Even though it has shown progress throughout the years the city has to deal with the major power outages that hold back its development.
Tourism too, holds an important part in the city's economy.

Wikipedia