1. Project building land and infrastructure

As we are not professional real estate developers, we are interested in selling our entire project to people with the interest and resources to develop and manage it further. This sale would encompass the building lots, a green area with the well, and the communal area with pool area and services building. It does not include the two villas and the lots already sold (in July 2022, lots 9, 19 and 36 on the map).

Total price for land and infrastructure is US$2,4 million, based on the number and area of the lots sold by June 2025. If at the time of purchase more lots have been sold the price will be adjusted accordingly.

This price is built up as follows:

1. Building lots: with view: US 50 / m2; total area approx. 3 ha, value: US$ 1,500,000 (situation in June 2025, with three out of the 21 lots that have a title sold, and the subdivision into 9 more lots, in the forested areas, underway).
2. Forested building lots, without a view: 1,5 ha, US 30 / m2; total area approx. 1,5 ha, value: US$ 450,000.
3. Communal infrastructure and green areas, consisting of:
1. Services building and pool area including cisterns below the terraces (approx. 90,000 gallons) and gazebo, and the land around it, approx. 2300 m2 (marked in a bluish dark green on the map), total value $350,000
2. A green area of approx. 4600 m2, with rocks, forest and a well (marked in a bluish dark green on the map), value $100,000

Total price for building land, infrastructure and communal land: US$ 2,4 million.

2. Potential for expansion of the project

There is the possibility to enlarge the development by purchasing adjacent land, as the owners are willing to sell. Investor-developers should take note: especially once the road is asphalted, which is bound to happen sometime from 2023 onwards, the area is certain to develop quickly. This will allow for the expansion of Puerto Plata and hosting the growing number of expatriates living part time or full time on the Dominican North Coast.

3. Water

Water is a problem in the surroundings of our project, but as a rule not within the project. There is no service yet from the Puerto Plata Water Company (CORAAPLATA), but that may come in the course of 2025. In the meantime, the project uses water from a well and we collect rain water from the roofs of the two villas. Under the terraces of the pool are 90,000 gallons of cisterns; the service building has another 20,000 gallon cistern.

All buyers of lots that want to build their home there are urged to build a cistern of at least 5000 gallons, preferably more. It is recommended to build a large cistern as a basement of each home to be built.

In times of severe drought there is a possibility that the water from the present cisterns and the well runs out, in which case trucks can be ordered for bringing up fresh water for a rate of about US$60 per 3000 gallons (June 2025).

4. Future water supply

In any case, with the effects of climate change and the limited and irregular service capacity of CORAAPLATA it is important for any housing project to develop several sources of water. In this project the basis for this has already been put in place. The combination of rain water collection, water from a well and in future, from CORAAPLATA gives the best guarantee for water year-round, with the possibility of ordering trucks of water if all else fails.

In case of an expansion of the present development there is the possibility of building one or more large reservoirs to collect and store water from the main well, which abounds in time of rain. This should provide even more security for a steady and reliable water supply.

5. Electricity and internet

There is 24 hours of electricity from Edenorte, the power company. Home owners in the project are advised to install solar panels and arrange with Edenorte to feed energy back into the grid. There is good optic fibre cable and internet service, allowing for speeds upwards of 100MB.