Build Your Dream Home Close to Beach!
• 500 sq. m. lot / land - $450 - $225,000
Los Corales, Bávaro - Los Corales Beach is the perfect location to build your dream home close enough to the beach without breaking the bank! Lot is located approximately 250 meters from the fine white sand turquoise colored beaches of El Cortecito and Los Corales in Bavaro Beach. You are able to build a 1-2-story, 3-4 bedroom, 2-3 bath home with enough room for a swimming pool.
El Cortecito Beach is a large outdoor market where you can find everything from deep sea fishing excursion to hand made arts and crafts. There is also an outdoor seafood restaurant right on the beach that has the freshest seafood in the area. If you are looking to own a small piece of absolute paradise, then you have come to the right place.
Los Corales was born, a small resort in the heart of Bavaro, Located in the beautiful
Dominican Republic. Today it is one of the benchmarks in the area, catering to those who prefer discreet luxury and freedom to live and enjoy simple comfort without the rules and confusion of the big all inclusive hotels.
El Dorado Shopping Plaza is within walking distance and offers a fitness center, grocery store, bakery (WiFi Zone), restaurants, sports bar, clothing stores, pharmacy, cash exchange, Veterinarian, liquor store and much more. Palma Real Shopping Village is located 1 mile away. You will find Hard Rock Cafe, Tony Romas, Akai Sushi, Tommy Hilfiger, Puma, Mailboxes Etc..., movie theaters and much, much more. Punta Cana airport 15 minutes.
Property information
Build Your Dream Home Close to Beach!
• 475 sq. m. lot / land - $350 - $165,000
Los Corales, Bávaro - Los Corales is the perfect location to build your dream home close enough to the beach without breaking the bank! Lot is located approximately 100 meters from the fine white sand turquoise colored beaches of Los Corales and El Cortecito in Bavaro Beach. You are able to build a 1-2-story, 3-4 bedroom, 2-3 bath home with enough room for a swimming pool.
Los Corales was born, a small resort in the heart of Bavaro, Located in the beautiful
Dominican Republic. Today it is one of the benchmarks in the area, catering to those who prefer discreet luxury and freedom to live and enjoy simple comfort without the rules and confusion of the big all inclusive hotels.
El Cortecito Beach is a large outdoor market where you can find everything from deep sea fishing excursion to hand made arts and crafts. There is also an outdoor seafood restaurant right on the beach that has the freshest seafood in the area. If you are looking to own a small piece of absolute paradise, then you have come to the right place.
El Dorado Shopping Plaza is within walking distance and offers a fitness center, grocery store, bakery (WiFi Zone), restaurants, sports bar, clothing stores, pharmacy, cash exchange, Veterinarian, liquor store and much more. Palma Real Shopping Village is located 1 mile away. You will find Hard Rock Cafe, Tony Romas, Akai Sushi, Tommy Hilfiger, Puma, Mailboxes Etc..., movie theaters and much, much more. Punta Cana airport 15 minutes.
Property information
Commercial Retail Main Road by the Beach
• 67 sq. m. commercial - $214,500 - $214,500 to $343,200
El Cortecito, Bávaro - Gran Caribe Beach Club is located in the eastern part of the Dominican Republic, in the Bavaro area, strategically located on the famed Bavaro Beach, El Cortecito. Gran Caribe Beach Club is conveniently accessible from the Punta Cana International Airport, just 20 minutes away. Located on the busiest road near the beach.
Commercial Spaces For Sale
67m2/721SF - 1st Floor From US$268,000
86m2/925SF - 1st Floor From US$343,200
86m2/925SF - 2nd Floor From US$214,500
108m2/1162SF - 2nd Floor From US$268,750
Gran Caribe Beach Club has a construction area of 23,800 square meters for apartments and 1,978 square meters for the commercial area. Six 4-story buildings, featuring penthouse, with elevator. Two 2-story buildings, featuring ocean views. 9 different floor plans
Gran Caribe Beach Club is a residential community composed of 160 apartments that feature 1, 2 or 3 bedrooms units –all distributed among 8 buildings with elevators. Enjoy magnificent ocean, pool and/or garden views. It is a harmonious place where the beauty of the beach’s crystal waters and modern comfort come together to form the perfect balance.
Condos For Sale
1 bdr – 24 units - 86m2/920SF - US$205,200 to US$268,850
2 bdr - 104 units - 108-135m2/1,162-1,453 SF - US$302,400 to US$573,760
3 bdr – 32 units- 146 to 262m2/1,566-2,819SF - US$378,300 to US$681,720
Property information
Luxury Gated Golf Community
• 1,297 sq. m., 5 bath, 5 bdrm 2 story - $3,200,000 - Punta Cana Resort & Golf
Arrecife, Punta Cana Resort & Club - Punta Cana Resort and Club 200 meters from the beach (2 city blocks) and on the 13th Hole this luxury plantation style villa embodies the grand spirit of the Caribbean mansions a century ago. This ravishing residence crowns acres of palm fringed gradens along it crystalline lake and golf course. It's Colonial romantic splendor and tropical breezes hovers over its entry of tropical gardens facing east, ( no home site blocking its views ) as well as the wrap around verandas overlooking its spectacular pool, ponds, jacuzzi, outdoor living parlor, outdoor dining gazebo, outdoor fully equipped bar, BBQ area, and Outdoor shower, all with panoramic views.
Size:
Total square meters 1,286
Total square feet 13,815
General area 370 mt2
Covered terrace 228.5 mt2
Pool terrace 107.5 mt2
Carport 60 mt2
Gazebo 20 mt2
FIRST FLOOR
ENTRY PARLOR – 2 Guest Bedrooms- Powder Room
DINING AREA - Grand dining room on first floor, fully air conditioned, overlooking pond and bird aviary gardens.
STAFF QUARTERS – air conditioned with private patio
KITCHEN – State of the ART full equipped with home office integrated
KITCHEN 2nd and separate pantry ,
LAUNDRY ROOM - fully equipped.
LIVING ROOM -
OUTDOOR LIVING ROOM and Outdoor dining gazebo
EXTERIOR – Full equipped wet bar and BBQ area
POOL AREA - Diminishing pool, Jacuzzi and mirror pond with a floating day bed overlooking the lake and golf course.
SECOND FLOOR -
FAMILY ROOM and MEDITATION AREA
MASTER BEDROOM – Suite with patio
2 GUEST BEDROOMS – With patios
Air conditioned thru out
TV’’s in staff quarters living room, family / media room, master and white bedroom
If buyer chooses, this home can be purchased fully furnished
Property information
Beach Front Condo Community
• 85 sq. m., 1 bath, 1 bdrm apartment - $205,200 - Gran Caribe Beach Club
El Cortecito, Bávaro - Gran Caribe Beach Club is located in the eastern part of the Dominican Republic, in the Bavaro area, strategically located on the famed Bavaro Beach, El Cortecito.
Gran Caribe Beach Club is conveniently accessible from the Punta Cana International Airport, just 20 minutes away.
Gran Caribe Beach Club is a residential community composed of 160 apartments that feature 1, 2 or 3 bedrooms units –all distributed among 8 buildings with elevators. Enjoy magnificent ocean, pool and/or garden views. It is a harmonious place where the beauty of the beach’s crystal waters and modern comfort come together to form the perfect balance.
Gran Caribe Beach Club has a construction area of 23,800 square meters for apartments and 1,978 square meters for the commercial area. Six 4-story buildings, featuring penthouse, with elevator. Two 2-story buildings, featuring ocean views. 9 different floor plans
1 bdr – 24 units - 86m2/920SF - US$205,200 to US$268,850
2 bdr - 104 units - 108-135m2/1,162-1,453 SF - US$302,400 to US$573,760
3 bdr – 32 units- 146 to 262m2/1,566-2,819SF - US$378,300 to US$681,720
Buildings erected upon conventional base, walls reinforced by a concrete structure and flagstones on mezzanine and ceiling.
Elevators available in all buildings, except for 2 story-buildings (7 and 8).
Automatic mechanism in the entrance of each building.
Air conditioning system with controlled units individually in each room.
Floors: a cream-colored marble.
Parking places available in all buildings.
Kitchen: white goods and cupboards included.
Bathrooms: marble in a herringbone until the ceiling and bathroom fittings with a mixed tap.
Interior woodwork in solid oak.
Closets by a solid oak with drawers included.
White aluminum windows in a high quality.
Glasses with outward-facing and rail in the balcony.
Property information
Santo Domingo.– The Punta Cana International Airport announced a 5% increase in seat capacity on flights for 2010 and will add 363 new flights, tourism industry sources revealed.
The airport, which has the greatest volume of traffic in the country and is served by the largest number of airlines for a single airport in the Caribbean, will experience a 5.7% growth in the number of flights next year (363), compared to the 6,378 registered for the high winter season in 2009.
According to the Information and Communication Center (CICOM), availability of seats into Punta Cana Airport is increasing by 66,874, 5.1% more compared to the 1.3 million seats available for the 2008-2009 winter season. The report states 6,741 flights with 1,371,794 seats have been scheduled so far.
There will also be a 4.3% increase in flights from the United States and 7.8% in number of seats, for 4,117 flights and 239,000 seats. American Airlines, US Airways and Delta lead in regular flights to Punta Cana.
Flying in from Canada are Air Canada, whici added 10 flights, Canjet and Sunwing. There will be 2,118 flights, up 10.1%, with 34,000 more seats (up 9.2%), totalling 406,000 seats. Air Transat is still the principal carrier –with 125,000 seats–, but is down 10% compared to 2009.
Punta Cana.– Regarded as one of the most important sporting events in the Dominican Republic in the last few years, PGA Tour Champions Tour, the Cap Cana Championship will hold its third edition from 22-28 March next year.
Some of the best golfers from all over the world will play at the Punta Espada Golf Course, the top rated Jack Nicklaus signature course.
Last year Keith Fergus won the Cap Cana PGA Tour Champions.
Punta Cana.– Cap Cana and AM Resorts, an award-winning provider of resort sales, marketing and brand management services, today announced the opening of the Golden Bear Lodge & Spa at Cap Cana.
The announcement represents the latest milestone in Cap Cana's present growth strategy of entering into and maintaining arrangements with leading luxury hotel operators, experienced private developers and world-renowned strategic business partners.
"We are excited to announce the formal opening of the first Nicklaus-brand Golden Bear Lodge, and welcome the addition of AM Resorts to our growing list of best-of-breed resort industry operators," said Ricardo Hazoury, Cap Cana's Chairman and President.
The Jack Nicklaus inspired 126-suite golf resort is AM Resorts' first property under its new Zoetry Collection of resorts and is part of its exclusive Preferred Boutique and Preferred Golf groups. A personal haven for golf enthusiasts, guests of the Golden Bear Lodge & Spa will soon be able to choose between two Jack Nicklaus Signature golf courses –the world-ranked Punta Espada Golf Course, host of a popular stop on the PGA TOUR's Champions Tour, or Las Iguanas, currently under construction.
"As our first property in The Zoetry Collection, we are excited to demonstrate the exceptional quality standards that will define the Golden Bear Lodge & Spa, from spectacular accommodations and fine dining, to devoted personal service and play at world-renowned golf courses such as Punta Espada," said Alex Zozaya, CEO and President of AM Resorts.
The Ministry of Tourism reports that non-resident travel to the DR in November was up 6.09%. Dominican expatriate travel was up 16.67% and foreign tourist travel was up 4.49%. Tourism Minister Francisco Javier Garcia says that there has been a definite trend for recovery in the travel sector since September. In November, 284,824 foreign tourists visited the country, 16,355 more than the 286,469 who visited in 2008. Of the total, 41,167 were Dominicans living abroad, compared to 35,284 last year. Foreign tourist arrivals totaled 243,472 compared to 233,185 in 2008, for a 4.49% increase. Javier Garcia forecast that the year would end with the total number of arrivals exceeding expectations.
See http://www.bancentral.gov.do/estadisticas.asp?a=Sector_Turismo
Put the date in your diaries. From 22-28 March, the PGA Tour Champions Tour, the Cap Cana Championship will be held at the Punta Espada Golf Course. In its third year at Cap Cana, the championship will be bringing over a selection of some of the best golfers from all around the world to play the top rated Jack Nicklaus signature course. Keith Fergus won the Cap Cana PGA Tour Champions Tour last year. The event is regarded as one of the most important sporting events in the DR.
SANTO DOMINGO. The Spanish Ricardo Diez Count, who also identified with the false name of Ruben Ramos and has been implicated in a scandal for laundering tens of millions of dollars from drug trafficking, managed to escape the country to Mexico. Ramos had a number of developments in the Bavaro-Punta Cana and Uvero Alto regions - Las Dunas, Villas de Mar Azul, Onix Center and Mar Azul, most of them not finished.
While 15 to 20 people in the vicinity of the fugitive will be interviewed, including suppliers and associates.
The information was provided yesterday by the Director of Asset Laundering Unit of the Attorney, Germain Miranda Villalona, who said that Count Ten is in a drug ring, some of whom have been convicted in Spain.
"We went to do the operation against him, and it appears that at the time he escaped and stopped the operation," he said.
Villalona suspicion that someone informed him abroad on the intention to arrest him and deport him. He said he escaped by one of the airports from east to Mexico and then to two other Latin American countries.
Among the goods seized are a plane parked at the airport of El Higüero eight buildings comprising a total of 66 apartments in Bavaro.
Punta Cana has been voted one of the top destinations to visit in 2010 by Travel Mole' s "Top Ten 2010 destinations." The continually growing area of Punta Cana ranked fifth on the list, which included Cape Town, Istanbul, Vancouver and New York. "Known for its golf and spa facilities, the island is one of the best-kept property secrets in recent times." www.travelmole.com/stories/1139508.php
Leading French tour operator Nouvelles Frontieres has announced the opening of the first Nouvelles Frontieres Hotel Club in the country, a US$30 million property. Jean-Marc Siano, president of the board of Nouvelles Frontieres and Peter Long, president of TUI Travel visited for the opening. Siano said that they opened in the DR "because we know the professionalism and excellence of hotel operations in the country."
Jean Luc Oizan Chapon,of Inversiones Waterville and formerly of Club Med, was at the ground breaking ceremony of the 215-room hotel in Uvero Alto, in the northern section of Punta Cana on the east coast. He said that the French are also looking into investing in Montecristi.
The hotel will be operated as a four-star property in the all-inclusive model.
Tourism Minister Francisco Javier Garcia represented the Dominican government at the opening.
Blue Mall ready for summer
Venezuelan investor Luis Emilio Velutini has told Listin Diario that the Blue Mall shopping center that is being built on Gustavo Mejia Ricart and Winston Churchill avenues with an investment of US$100 million will be opening up in time for summer 2010. He said that 100% of the commercial units have been rented. The mall will bring many new brand stores to the Dominican market.
He also announced that starting next year they would also begin construction of the Blue Mall Punta Cana, covering a total area of 100,000 square meters and with 33,000 square meters of store space, a US$60 million investment.
Santo Domingo.- IFC, a member of theWorld Bank Group, will provide $20 million to Corporación Aeroportuaria del Este, SA to expand the Punta Cana International Airport and support the Dominican Republic's tourism sector.
CAE, which owns and operates the airport, will build a new runway and taxiway suitable for larger aircraft and expand the passenger terminal. The expansion will enable increased passenger capacity, improve services, and diversify destination markets. It also will benefit the local economy by supporting tourism, a key source of foreign exchange and fiscal revenues.
The airport serves top-tourist destinations of the Punta Cana and Bavaro regions and is the country's busiest and fastest-growing airport. During the first 10 months of 2009, it handled about 3.2 million passengers and accounted for roughly 43.2 percent of total air passengers in the Dominican Republic.
"In 1984, we opened the Punta Cana International Airport, an essential infrastructure project for the Dominican Republic's economic and social growth," said Frank Rainieri, President and CEO of Grupo Punta Cana SA, CAE's shareholding company. "We welcome IFC's financial support and expertise in this project that will help enhance regional development."
Salem Rohana, IFC Representative in the Dominican Republic, said, "IFC's support of the Punta Cana International Airport project shows our commitment to helping develop the local infrastructure and tourism sectors, a cornerstone of our strategy in the Caribbean. It also reiterates our continued support of the region in the aftermath of the global financial crisis."
Banco BHD, a leading commercial bank in the Dominican Republic and IFC investment bank provided an additional $10 million in co-financing for the expansion. "With this financing, BHD once again demonstrates its commitment to supporting the development of its corporate clients, while also partaking in the social and economic progress of the Punta Cana region and the country," said Carmina Pellerano, Banco BHD Vice President of Corporate Banking, Large Corporations, and Multinationals.
IFC's committed investment portfolio in the Dominican Republic is $183 million. Over the past 10 years, IFC's investment in the Caribbean totaled $1.2 billion, including $268 million in syndications, for 61 projects. IFC is expanding operations in the Caribbean, with special focus on diversifying economies and strengthening private sector competitiveness to stimulate economic growth and job creation. Priority sectors are infrastructure, health, education, tourism, and the financial sector to promote access to finance for micro, small, and medium enterprises.
IFC is the only international financial institution focused exclusively on the private sector, the engine of sustainable development in emerging markets. Along with IBRD, it is currently seeking a capital increase to strengthen its ability to create opportunity for the poor in developing countries-including by supporting infrastructure projects in the Caribbean.