Have you seen the sign on Cofresi Beach put up by EMI/Sun Village advertising ocean front lots for development? I thought there was a 60 meter rule. Plus, thousands of Domincans use this beach, not to speak of tourist. Just wondering if it can be done and does anyone know what's going on.
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What's up in Cofresi
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Here's one of the listings for it..............
Don't have an answer to your question, but here is a listing for it:
Dominican Republic Real Estate More details on your Dominican Republic Villa, Land, Condo, Apartment or Commerical Enquiry
Don't have an answer to your question, but here is a listing for it:
Dominican Republic Real Estate More details on your Dominican Republic Villa, Land, Condo, Apartment or Commerical Enquiry
The land is owned by Sun Village and the chief crook of Cofresi who has all local judges in his pocket. He can easily get an exemption from the 60m rule. Of course any buyer would need his 'help' to get the exemption, or bribe someone himself. Marina de Guerra gives this exemption out pretty cheap. But don't worry, at the asking price of US$25M they will have to wait a few decades to get a buyer.
Is this the Treasure Bluff project?
Treasure Bluff, Cofresi Beach, Dominican Republic - FOR SALE
http://www.dr1.com/forums/living/73087-cofresi-beach-sale.html
Bluff by name & bluff by nature? :cheeky:
Treasure Bluff, Cofresi Beach, Dominican Republic - FOR SALE
http://www.dr1.com/forums/living/73087-cofresi-beach-sale.html
Bluff by name & bluff by nature? :cheeky:
The 60m rule doesn’t seem to matter, anywhere, anymore. Look at the project in front of the police station in Cabarete with a corner out to the water, the houses in Sabanete and Gasper Hernandez that are within 5m of the water and for that fact, the 100 truck loads of sand a day that they take off the beaches in Gasper Hernandez. Rules and law don’t seem to count anymore, just payoffs.
This is very sad....and real...
Everything here is business.. people just think about money, and do not think about the damage they cause to the planet..to the nature..
:disappoin:angry:
:dead:
Treasure Bluff is the proposed development of two parcels, one across the street from Ocean World Adventure Park and the other parcel along Cofresi Beach from The Beach House Restaurant (now called Ahora's) to Ocean World entrance. Sun Village and their partner, who own the land, have named the two lots 'Treasure Bluff.' In my opinion, it is indeed a 'bluff' because nobody will buy at US$25M asking price, not even at $5M, because the beach is considered public beach and the Cofresi home owners assocation, together with politicians they can round up via a ****ed of public, will put up a big fight to stop the development of the beach parcel.
Now the parcel across the street from Ocean World has potential, but the beach parcel, whoever buys it, will have major problems.
One of the horrors is the garbage they leave behind. Have you ever seen the beach/Bluff area Sunday night or Monday morning? Sun Village has to clean it up every Monday, it takes a crew the whole day. Its a shame that so many Dominicans have no respect for their environment.
Cofresi Junta de Vecinos ! ! ! Yes
The Cofresi Junta de Vecinos, is, as I write, swinging into action; into near violent opposition. Forces are organizing; lawyers are being groomed & growling! This may turn into an epic battle? With all of the Dominicans & 98% of the Gringos on the same side. The side of the good guys. Please stay tuned.
The Cofresi Junta de Vecinos, is, as I write, swinging into action; into near violent opposition. Forces are organizing; lawyers are being groomed & growling! This may turn into an epic battle? With all of the Dominicans & 98% of the Gringos on the same side. The side of the good guys. Please stay tuned.
Is the Costa Esmeralda project alongside Treasure Bluff? Because allegedly ground breaking is set for immediately after 19th. April. Anyone know anything?
COLOCARAN PRIMERA PIEDRA EN INICIO DE PROYECTO COSTA ESMERALDA PENINSULA
COLOCARAN PRIMERA PIEDRA EN INICIO DE PROYECTO COSTA ESMERALDA PENINSULA
Costa Esmeralda is the eastern tip of cofresi beach, Hacienda Lifestyle HOlidays is building there with some Eastern European partners. Nice piece of property, they need more inventory to sell as their time share club is very successful.
I believe the 60meter limit is more alive than ever.
Actually, from what we have come to learn from recent discussions on the LEGAL forum, it would seem that now, even the exclusion based on preexisting rights may be off, as once one goes thru the deslinde process, the 60m are automatically taken OFF the title.
Certainly, some will still be able to buy themselves around the law again, but I would question if that is a privilege foreign buyers would really want to bet their money on to be able to have access to.
... J-D.
Actually, from what we have come to learn from recent discussions on the LEGAL forum, it would seem that now, even the exclusion based on preexisting rights may be off, as once one goes thru the deslinde process, the 60m are automatically taken OFF the title.
Certainly, some will still be able to buy themselves around the law again, but I would question if that is a privilege foreign buyers would really want to bet their money on to be able to have access to.
... J-D.
If it indeed is the land currently been offered at USD 27.5M, as to description, it has an area of 10+ acres (about 40'500 m2). The ads furthermore state that it boasts 565m of ocean front... so, IF the 60m recess is included (40'500 / 565 = 72) the legally owned land would be only 12m deep or 6'780 m2. At 2'7 Million this would boil down to an effective USD 400.oo/m2 :bunny:
Again, this assuming that above description includes the 60m recess which would be taken out of the title at deslinde!
... J-D.
Again, this assuming that above description includes the 60m recess which would be taken out of the title at deslinde!
... J-D.
The 60 (or was it originally 70?) mts. limit-law measured from the last wave reaching shore land inwards might be getting a special treatment for special projects but also changing governments slip local power/authorities in different hands at times and might leave homeowners especially in a risky state of physical use of the building only by paying an "extra-fee" to the actual local ruling mix of "Marina-Turismo-Abogado-Sindico"-creeps. Foreigners with no or little spanish language skills and often a given impression of unexperienced, self-conscious newcomers are out there for a serious
ride with these terrible copies of human beeings often working hand in hand with the sellers. I used to live on the Peninsula Samana for some time until late 97. What I saw what was done to clients in the real estate buisinessection was even by fraud-standards almost surreal. By writing me personally I can send you some pictures of some examples of nice properties that can never used as such.For my own personal peace of mind I would never send you any other written information, leadin for example to some real gross violent Mafia-like acts to some wannabe ownwers to some research about the more extreme facts of violence that happened. So, in case if you are interested to some property over there in good old Samana, let it check by independent lawyers better three times (Title--and ---Plan (Deslinde) both very often hard to get--if not falsified.Especially in the area).
In general for the DR speaking: Make sure you really want to stay some place. Try to rent something for a few years and see if it means still the same to you after passing some time. Not only for americans: Selling some property here takes much more time than in your homecountry, even compared to the current crisis. More or less the same situation might be exist for other places right now.
Also there is one consideration that for me strangely future homeowners not give enough thought....The closer some property is to the beach the more it is decaying. I saw perfect equipment turning into rusted pulp in a matter of months or houses painted with boatpaint could not stop the effects of aggressive salty sea-air.
Uh-what he heck--I love the heart of the country much better anyway. Jarabacoa is the "Centre Of The Universe". At least for me.
Just some very personal advice from a strange german West-Berlin-dude whose island drowned and yet found another one some 15 years ago.
Love
Tim (keeping an open mind for improving my English or Spanish, so please go ahead)
ride with these terrible copies of human beeings often working hand in hand with the sellers. I used to live on the Peninsula Samana for some time until late 97. What I saw what was done to clients in the real estate buisinessection was even by fraud-standards almost surreal. By writing me personally I can send you some pictures of some examples of nice properties that can never used as such.For my own personal peace of mind I would never send you any other written information, leadin for example to some real gross violent Mafia-like acts to some wannabe ownwers to some research about the more extreme facts of violence that happened. So, in case if you are interested to some property over there in good old Samana, let it check by independent lawyers better three times (Title--and ---Plan (Deslinde) both very often hard to get--if not falsified.Especially in the area).
In general for the DR speaking: Make sure you really want to stay some place. Try to rent something for a few years and see if it means still the same to you after passing some time. Not only for americans: Selling some property here takes much more time than in your homecountry, even compared to the current crisis. More or less the same situation might be exist for other places right now.
Also there is one consideration that for me strangely future homeowners not give enough thought....The closer some property is to the beach the more it is decaying. I saw perfect equipment turning into rusted pulp in a matter of months or houses painted with boatpaint could not stop the effects of aggressive salty sea-air.
Uh-what he heck--I love the heart of the country much better anyway. Jarabacoa is the "Centre Of The Universe". At least for me.
Just some very personal advice from a strange german West-Berlin-dude whose island drowned and yet found another one some 15 years ago.
Love
Tim (keeping an open mind for improving my English or Spanish, so please go ahead)
Thank you, Conchman & champ. I think it's worth repeating that Hacienda Lifestyle has no connection to the Elliotts because there seem to be some misperceptions floating around........
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