Juan Dolio - South Beach of the Caribbean !!!

[mikey007]

unless this new project is connected to the boulevard through the roadway i dont see any impact on the current projects eg maxim bungalows costa del sol and marbella it looks like it is isolated and i believe that area is not juan dolio it is located in san pedro which has a negative connotation correct me if im wrong with my analysis

[frank recktenwald]

Originally Posted by mikey007

unless this new project is connected to the boulevard through the roadway i dont see any impact on the current projects eg maxim bungalows costa del sol and marbella it looks like it is isolated and i believe that area is not juan dolio it is located in san pedro which has a negative connotation correct me if im wrong with my analysis

Costa Blanca will be connected to the Boulevard

[Fernandez]

Well, interesting project- received my invitation to the presentation thank you very much.
I was wondering if the new development will start-
- after the Marbella Project is finished? (soon????)
- after beautification takes place on the Costa del Sol/Marbella street (bomb zone)
- after there is a decent recreational spot for families in the area (aside from nothing)
- after the water treatement plant is finished (no money)
- after Las Olas is finished (going on 2 years invested there 50% down) (slow....)
- after Metro gets clean water into the Country Club (dead membrane issues)
- after the municipal water lines are in along the boulevard (???)
- after a decent school / another school is available for children (dead)
- after the Metro Country Club "Nacional" which was planned is opened (???)
- after the International Financial Center breaks ground (dead deal)
- after Guavaberry stabilizes and/or becomes reality (serious problems)
- after the old Punta Garza hotel dumpsite gets moving (dead deal)
- and many, many more.

Metro is a good group- I have confidence that they will pull these projects through. However, as an investor, I am not willing to wait 4 years for an apartment to be built- and then, another x number of years to see the surrounding areas generate sufficient momentum to make living in the area worthwhile. However, it would be a shame to kill an elephant, much less a white one.

[mikey007]

a lot of promises and bs news releases but where is the finished product ant is it appreciating in value in relation to the surrounding infrastructure : bunny:

[Fernandez]

Incredible Price Reduction! From: $450,000 To: $295,000

Perfect location in the hills of Maimon with a private paved road, only 15 minutes away from Puerto Plata.

Excellent opportunity to develop a housing project, hotel, business related to tourism or simply get away from the rat race.

Enjoy the tropical breezes as well as the view from this exquisite piece of land. Lot size is 49.42 acres = 20 hectares with cottage all brick house, 20 Kw diesel Perkins engine generator with invertor. It has its own ravine and spring, from were the water is pumped to fill the huge water tank, several cultivations, fruits trees, wild nature and more.
This property offers a view of the ocean -Maimon bay-, and the green and rocky hills all around.

[Fernandez]

The previous posting was sent on DR! today. Don't know the project, and/or the land area. But prices are weakening, and the demand/availability of international financing sources has been severely damaged by the international real estate disaster.

I think that there will be better days ahead, and Juan Dolio will rebound as well.
At present, however, my focus is on finishing and turning current projects to see the true liquidity of the marketplace before revamping investments in new projects that are interesting with lots of potential, but perhaps best reserved for moments of greater clarity.

.

[mikey007]

i think you will see more clarity after the election and when the economy rebounds in the US, Florida is a top location for foreclosures and investors are looking at these type of opportunities however i believe that the transparency issues have to improve in DR to attract the average us investor. Accounting procedures surrounding expenses and revenues of the projects especially when it comes to maintenance fees.............:ermm : . r

[frank recktenwald]

Originally Posted by Fernandez

Well, interesting project- received my invitation to the presentation thank you very much.
I was wondering if the new development will start-
- after the Marbella Project is finished? (soon????)
- after beautification takes place on the Costa del Sol/Marbella street (bomb zone)
- after there is a decent recreational spot for families in the area (aside from nothing)
- after the water treatement plant is finished (no money)
- after Las Olas is finished (going on 2 years invested there 50% down) (slow....)
- after Metro gets clean water into the Country Club (dead membrane issues)
- after the municipal water lines are in along the boulevard (???)
- after a decent school / another school is available for children (dead)
- after the Metro Country Club "Nacional" which was planned is opened (???)
- after the International Financial Center breaks ground (dead deal)
- after Guavaberry stabilizes and/or becomes reality (serious problems)
- after the old Punta Garza hotel dumpsite gets moving (dead deal)
- and many, many more.

Metro is a good group- I have confidence that they will pull these projects through. However, as an investor, I am not willing to wait 4 years for an apartment to be built- and then, another x number of years to see the surrounding areas generate sufficient momentum to make living in the area worthwhile. However, it would be a shame to kill an elephant, much less a white one.

Costa Blanca will start right away so we're not going to wait till Marbella and Las Olas are ready.
Hope to meet you tonight at the presentation

[STEVE G.]

Originally Posted by mikey007

i think you will see more clarity after the election and when the economy rebounds in the US, Florida is a top location for foreclosures and investors are looking at these type of opportunities however i believe that the transparency issues have to improve in DR to attract the average us investor...

'' NAPLES, Florida.- La desaceleración económica en Estados Unidos ha empujado a numerosos empresarios de la Florida a buscar fortuna en el exterior, más específicamente, en República Dominicana...'' El Dinero - Inversionistas ponen sus ojos en RD

[STEVE G.]

There's roulette and there's skydiving. Then there's investing in US real estate market today ! America's Riskiest Real Estate Markets - Forbes.com