Privately funded projects on the North Coast

Jun 7, 2006
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He opted out of paying his own lawyer because he did not wish to have to deal with a lawsuit. Instead he settled for about half of what the contract said he was owed in deductions to the purchase price. And there were still a number of unresolved building issues. He just got fed up. It was either accept their offer or lawyer up.
I assume he got in under the old price structure so he shouldn't have any problem selling.
 

windeguy

Platinum
Jul 10, 2004
42,991
6,420
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I assume he got in under the old price structure so he shouldn't have any problem selling.
I think he took the bait between 3 and 4 years ago and settled for less of a price reduction by about 50% less than promised out of court about 22 months after the promised delivery date by Casa Linda.

I don't know how much the almost two years of renting cost him, and time will tell how long before it sells. Nobody has jumped on the deal when he first listed it. Now he has it listed with a DR broker he liked.
 

cavok

Silver
Jun 16, 2014
10,276
4,505
113
Cabarete
There's a huge new project going in between Banco Popular and Hotel Kaoba. Too much traffic to try and read the sign that was there.
 

cavok

Silver
Jun 16, 2014
10,276
4,505
113
Cabarete
There's a huge new project going in between Banco Popular and Hotel Kaoba. Too much traffic to try and read the sign that was there.
Correction: It's between Banco Popular and the gym to the west. It's a big site. I saw a "sales and rentals" sign today. The way drivers tail-gate you here, I knew if I slowed down to read the sign, I'd get rear-ended by the car behind me.
 
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windeguy

Platinum
Jul 10, 2004
42,991
6,420
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And a good size piece of land was cleared adjacent to Marreal Cabarete . Just west of it. Not sure if that is for the new car dealership or yet another houseing project.
 

windeguy

Platinum
Jul 10, 2004
42,991
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Many have said the same about Sosua Bay, the beaches of Puerto Plata etc..

More developments are coming. I heard the environmental issue was dune related.
 

Taylor

Buy the ticket, take the ride
Jan 28, 2005
376
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28
By the time these villas are completed, there will be so much traffic on that road that speed bumps may not be necessary.
 
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JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
13,479
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Many have said the same about Sosua Bay, the beaches of Puerto Plata etc..

More developments are coming. I heard the environmental issue was dune related.

Yep. It was in most of the daily rags here. I think it's a money grab.