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Property informations, fiscal and tax benefits

DEVELOPMENT OPPORTUNITY

CARIBBEAN BEACHFRONT PROPERTY
DOMINICAN REPUBLIC
PUNTA CANA REGION / MACAO BEACH
HACIENDA BARBARA PROPERTY

• +/- 1,570,000 square meters (+/- 400 acres) of beach front land
• +/- 1,800 Lineal Meters Ocean Frontage (1.1 miles)
• +/- 1,600 Lineal Meters Anamuya River Frontage (1 mile)
• Includes Hacienda Barbara Compound, 10 Bedroom Private Residence with Pool

This Property is an exceptionally attractive opportunity for tourist development or for creation of a secluded, secure compound for family and/or friends.

The Property was acquired by the current American owners in 1961. The owners have good title with deeds, surveys and topographical maps available.

The Property is located about 40 kilometers (24 miles) from the Punta Cana International Airport about a 30 minute drive. The Punta Cana International Airport is the busiest in the Dominican Republic receiving almost 6 million passengers from over 50 airlines world wide, including many non-stop flights from Europe and Russia.

The Punta Cana Region is one of the premier tourist destinations in the Caribbean and one of the most actively developed regions in the Caribbean over the last 25 years.

The Property is located within a governmentally decreed priority tourist zone. The Property has a governmentally allotted development density of almost 4,000 bedrooms. Development Incentive Law No. 158-01 offers many fiscal and tax benefits for qualified projects, including the availability of a 15 year tax exemption.

The Punta Cana Region is undergoing a significant product upgrade. Many high-end, mixed use, properties have come on line in recent years. The tourist / client profile is changing from the initial and extremely successful all inclusive platform to the wealthier, more sophisticated world class tourist and second home owners. The area now boasts 8 championship golf courses designed by some of the world’s premier designers and elite hotel operators from the Americas and Europe.


 
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