Timber. Denuding the trees across from Sosua Beach

CristoRey

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One or two story villas are one think 17-18 floors of Condos and entirely uglier proposition
If it's being developed by Dominicans I expect it will be whiped clean and replaced by something much less appealling.
 

bachata

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Aug 18, 2007
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The change of focus from tourism to residents (many of whom are expats) has been under way since Punta Cana took over the tourism business. The development in this thread is just one more example. Take a drive from Sosua to Puerto Plata and see several more of these new developments under way. There were a couple more sites being graded than I noticed just a week ago on that trip to Puerto Plata city. An owner in the new Encuentro Casa Linda development told me that almost all of the sites were sold. Work is well under way there now. The bulk of tourists stopped coming to the north coast years ago.
Yes wealthy Dominicans from Santiago and Dominican Yorkers, people from other countries as well are investing in the PP areas.
We are thinking to buy another property something soon, a nicer one outside of the noise and crowded areas...

JJ
 

chico bill

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Yes wealthy Dominicans from Santiago and Dominican Yorkers, people from other countries as well are investing in the PP areas.
We are thinking to buy another property something soon, a nicer one outside of the noise and crowded areas...

JJ
The noise and crowds will find you - that's the fear
 

RDKNIGHT

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Is anyone else alarmed that chain saws and huge excavators are felling huge trees on the South side of the road just East of the entrance to Charmaicos?
Expect most of the trees, including many Caoba trees to be toppled in the next few weeks as they punch a road in to built villas and apartments above Sosua Beach
So much for protecting the environment and the runoff from the hill above which crosses under the road to Sosua beach in two places.

And how in the heck can they expect a road entry there to not cause major problems ?
How in the heck did the Ambiente permit this project ?
hahhha don't come to punta cana area they are build on every little piece of land available...and I mean every corner of land..
 

chico bill

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hahhha don't come to punta cana area they are build on every little piece of land available...and I mean every corner of land..
There are many of us who don't want to become Punta Cana.
I find it very non inspiring.
20 years ago I thought it was quaint and fun. Now it is far from that now, all commercial and tacky.
 

windeguy

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Few of the ones you mention have expats interested. They will be mainly locals.
If the bulk of tourists stopped coming you better tell that to the tourism board who reported record numbers into POP
There is NOTHING like the number of tourists before in Cabarete. Not even close. I don't have to ask anyone about what I can see myself.
The number of Expats is growing slowly over time.

I disagree that that many of the developments will be only of interest for Dominicans, but we will see as people move in.
The places I am talking about are not cheap.
 

NALs

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Jan 20, 2003
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Most real estate projects in the DR were targetted to and were bought by Dominicans and there are tourist place where Dominicans are the drivjng force in real estate purchases (Juan Dolio, La Romana, Punta Cana - Bávaro, Las Terrenas). With that trend, I don't see why tourist areas like Cabarete should be spared.

With that said, areas where expats buy in relative concentrations such as Sosúa and even Cabarete have always been very few compared to all the real estate people buy nationwide. What is a little worrisome is that even in areas where new real estate is sold to Dominicans who account for over 95% of purchasers, now skme of those areas are seeing advertisement (if informal) in English. This is worrisome because foreigners have the ability to increase real estate prices if they beckme numerous enough, essentially outpricing Dominicans. If this becomes a trend in most or every middle class area of the DR, Dominicans will find it even harder to afford real estate prices beyond tourist areas.

Take this one as an example. By no means is this in a tourist area or even near one. Purchasers of real estate not just here, but in the entire Santo Domingo area are overwhelmingly Dominicans regardless if it's a luxury property, a comfortable one or a simple one. Yet, here is an informal advertisement of this project in English!!!


Quite frankly, I think this shouldn't be allowed. Formal or informal advertisements of property can be in multiple languages if they are in designated tourists zones, elsewhere Spanish only. Last thing desirable is with time have expats dominating areas that essentially are for Dominicans, particularly middle class areas where a Dominican family that starts poor is able to purchase as their socioeconomic possibilities move up. They will not be able to do that if prices increases to ridiculous levels.

There is also another American couple that bought an apartment nearby. It's great they found a place, but this is a mostly Dominican area away from tourist zones and the new complex is targetting a mostly Dominican clientele. Hopefully this isn't the start of a trend, because the only ones to be further hurt by its consequences are Dominicans, particularly those that spend all their lives working hard and saving to find a place and they can't get one because foreigners are pricing them out in their own country.


These are real estate sales, not renting.
 
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cavok

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Cabarete
I think $250K is already way out of reach for middle class Dominicans. Then add in aa HOA or condo association fee.
 

rogerjac

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they can't even stick to one currency and you want a single language. I look at ads and sometimes can't figure out , is it pesos or dollars or in some its euros. They all should be in pesos, that is the currency here.
 

ctrob

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Take this one as an example. By no means is this in a tourist area or even near one. Purchasers of real estate not just here, but in the entire Santo Domingo area are overwhelmingly Dominicans regardless if it's a luxury property, a comfortable one or a simple one. Yet, here is an informal advertisement of this project in English!!!

Quite frankly, I think this shouldn't be allowed. Formal or informal advertisements of property can be in multiple languages if they are in designated tourists zones, elsewhere Spanish only. Last thing desirable is with time have expats dominating areas that essentially are for Dominicans, particularly middle class areas where a Dominican family that starts poor is able to purchase as their socioeconomic possibilities move up. They will not be able to do that if prices increases to ridiculous levels.

I've seen beach view condo developments on the North Coast that were being developed and built by connected Dominicans and the early buyers were only to other Dominicans, Sure, there were advertisements in English. But the units were first offered to family, friends, and other Dominicans. After they sold as many as they could to Doms, then it was opened up to non-Dominicans. I can't prove that, but I know all the early buyers were Doms. It's easy to do the math.

As to pricing for new condos facing Sosua bay, I'm guessing they will mimic pricing of beachfront condos in Playa Dorada and start around 350K usd, and every floor you go higher up will add 50k usd more each time. I doubt middle class anything will come into play. People will pay it.
 

HS10

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Getting back to the development in question, in Los Cerros, by the Charimicos side of Sosua Beach, The apartment building being built will always be a terrible location (IMHO) as it is directly facing the (only) road which will always be busy 24/7.
 
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windeguy

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There are many of us who don't want to become Punta Cana.
I find it very non inspiring.
20 years ago I thought it was quaint and fun. Now it is far from that now, all commercial and tacky.
I was in the Bavaro area about 15 years ago. My only trip down that way since I came here in 2003. There was no reason to return.
I felt like I was in Florida before anyone lived there. It was completely uninspiring then and it is "worse" now?

They are doing quite the job to the hillside on the south side of the road in the Sosua beach area. When does north side work begin?
That's where the big money and big changes are.
 
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windeguy

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Getting back to the development in question, in Los Cerros, by the Charimicos side of Sosua Beach, The apartment building being built will always be a terrible location (IMHO) as it is directly facing the (only) road which will always be busy 24/7.
I don't expect a lot of traffic at 4 AM.
 

chico bill

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Yes, just a tinge Xenophobic.
You think the Chinese give a rat's arse ?
They will sell their bottom end crap with what ever label they want and that includes the poisons they sell in the Chinese junk stores.

This leads to misuse
 

CristoRey

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I don't expect a lot of traffic at 4 AM.
Those large trucks make a lot noise and with more developments happening around the NC it make sense there will be more of them running thru this area not less?
 

windeguy

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Those large trucks make a lot noise and with more developments happening around the NC it make sense there will be more of them running thru this area not less?
Not at 4 AM. And they are not needed after the developments are done.