AUCTIONPOINT 2013 THE COMMERCIAL REAL ESTATE ONLINE AUCTION EVENT OF THE YEAR Minimum Bid : $13, 000, 000 ($9 Million below Bank Appraisal) Acres: 355+ (1.44 Million Square Meters) Ocean Beachfront: 4.4 Miles (7.1 KM) Presented By: Diliberto Real Estate Services, LLC 1 Offered By: Diliberto Real Estate Services, LLC. Copyright 2013 | Manatee Peninsula Marketing, Austin, Texas • Low Beachfront Land Cost: Less than $1/SF, or $10/m2 • Nestled between the Atlantic Ocean and Manatee Bay • Miles and miles of pristine coastline • Fresh water lagoons and rivers • Mangrove forests along the Bay side • Coral reef formations • Area of cultural diversity and historical value • Intimacy, serenity and privacy of an island • High tourist destination value Idyllic Setting for Sustainable Master Plan AUCTION: Eco Tourism Development Opportunity in the Dominican Republic
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
AUCTIONPOINT 2013 THE COMMERCIAL REAL ESTATE
ONLINE AUCTION EVENT OF THE YEAR
Minimum Bid : $13, 000, 000 ($9 Million below Bank Appraisal)
• Low Beachfront Land Cost: Less than $1/SF, or $10/m2 • Nestled between the Atlantic Ocean and Manatee Bay • Miles and miles of pristine coastline • Fresh water lagoons and rivers • Mangrove forests along the Bay side • Coral reef formations • Area of cultural diversity and historical value • Intimacy, serenity and privacy of an island • High tourist destination value
Idyllic Setting for Sustainable Master Plan
AUCTION: Eco Tourism Development Opportunity in the Dominican Republic
1. Potential: 355 acres (15,500,031 sq. ft. or 1,440,426 sq. meters) of land for luxury eco resort development, with ocean and lagoon access, located on the untouched and treasured NORTH WEST COAST. The site allows helicopter landing access to reduce travel time to all major cities and airports.
2. Lower Cost per Beach Frontage : Largest ratio (20:1) of beachfront to property size. Beachfront per meter costs $2,100. Beaches on other properties are $40,000 to $88,000+ per meter.
3. Miles of Waterfront Splendor: 4.4 miles, or 7.1 k.m. of unspoiled beaches, only one half mile shorter than Miami Beach. Many more miles fronting Manatee Bay on the south side of the peninsula.
4. Way Below Bank Appraisal: Starting Bid at $13 Million -- this is $9M below (over 40% less) than a bank appraisal of $22 Million.
5. Invest in the Best: The DR is already the largest Caribbean tourist destination and it keeps growing...the possibilities are endless!
6. Tourism Growth Potential: The new government is aggressively marketing the tourism industry and plans to TRIPLE tourist arrivals in the DR., thereby creating more demand for new quality accommodations. There are also new protections and tax benefits for foreign investors.
7. New Cruise Ship Terminal: The Maimon Bay project, a cruise ship terminal complex has broken ground and will debut in 2014, drawing up to 8,000 cruise passengers and 2,000 crew members daily to the Northwest region, only 30 miles east of Manatee Peninsula.
8. Historic Area: In 1493, Columbus arrived in the area and built the first settlement in the Americas, La Isabela.
9. Hurricane Safe Zone: Protected by a 10,000 foot mountain range, it is the only place in the Caribbean where no hurricanes have been recorded in the last 150 years.
10. Comprehensive Infrastructure: A short, one-hour hop away is Santiago with an international airport, restaurants, sports arena, malls, movie theaters, and a state-of-the-art medical center.
Note: Pristine beaches, lagoons, coral reefs and mangrove forests fronting Manatee Bay, provide idyllic tropical paradise setting for a sustainable master planned luxury resort.
Over 250 international flights to the DR each week
• New York 3 hours
• Miami 1:45 hours
• Mexico 3 hours
• Europe 8 hours
• Brazil 5 hours
Excellent International Flight Access
From Puerto Plata: Gregorio Luperon International Airport: Route 5 west to Route 30 north; 90 minutes From Santiago: Cibao International Airport: Route 5 east to Route 30 north; 60 minutes
• Joint Venture Opportunities with World Class Resort Operators
Marketable Title: Title to the Property has been cleared and certified for transfer; title insurance is available through Stewart Title Guaranty Co., or First American Title Co.
Note: No design concepts have been presented for approval. New government platform in place for fast tracking approval of development projects, especially on North side of island.
In 3 minutes you will see all the tourism highlights that the Dominican Republic has to offer… Direct Link to Video: http://www.youtube.com/watch?v=e6RCW3rG_s0
NEXT STEPS: Register and order a Bidders Information Package
In today’s market, buyers are seeking assurance of a “good” deal. The auction process provides the buyer and seller with transparency related to demand and value, with an opportunity to see values by competitive bidding. Additionally, because the seller is selling the property within 30 days, they are curtailing their typical carrying costs. These savings are passed on to you, the buyer, at auction. This provides a win-win situation. Please review all information and order the bidder’s package as soon as possible. This will allow you to pre-qualify yourself so you don’t miss the auction opportunity.
A Bidder’s Information Package has been assembled for this property for your information and convenience. Prospective purchasers are required to obtain the Bidder’s Information Package in order to bid at the auction. The Package is available online at dilibertorealestate.com/featured-properties. Bidders, or their broker representatives can also call Diliberto Real Estate Services at 855-460-2437, and request a package to be delivered that best fits their needs.
• Property Information • Preliminary title report • Real estate tax information • Aerial Photos • Detailed Property Information
• Approved Purchase and Sales Agreement • Auction Information • Covenants and Restrictions • Terms of Sale • Development Conceptual Uses
Register your clients and order the Bidder Information Package today!
Bidders are encouraged to make an offer anytime before the auction!