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DOMINICAN REPUBLIC:ONE, TWO and three-bedroom apartments in The Palms, Cana Bay, a golf resort in the Caribbean island country of the Dominican Republic, are being offered to Irish investors by Dublin overseas property agent Merrion Investment Properties.

The apartments - the first 82 in a development of 316 - are for sale from $163,000 to $420,000 (€126,817 to €326,751). They range in size from 85sq m to 166sq m (279sq ft-545sq ft), although the majority are 105sq m (1,130sq ft) two-beds, costing $260,000 (€200,016). The Palms is being developed by Irish-based Vantium Group (formerly Shanghai Vision), which previously developed schemes in Shanghai. Completion of The Palms is due in early 2011.