Villa Castellamonte Announced Fractional Ownership

Villa Castellamonte, one of the most popular and highly sought after luxury vacation destinations in the Dominican Republic, has recently announced their unique Fractional Ownership Program.  Buyers are able to purchase 1/10th units in this fantastic dream vacation villa under a well-defined program designed specifically for the villa.

Villa Castellamonte del Mare, the full name of the villa, is undoubtedly one of the most popular ultra-luxury vacation villas in the Caribbean and certainly ranks at the top in the Dominican Republic.  The villa has been highlighted on MSNBC’s “On the Money”, ranked in the Top 10 Caribbean villas by AskMen/Caribbeanway, cited as a “Fodor’s Choice” in their 2009 Travel Guide and the accolades for the villa just keep coming in.  Clearly this is one of those ‘dream vacation homes’ one could only dream of owning…until now!

Aerial View of Villa Castellamonte

The fractional ownership program designed specifically for Villa Castellamonte (by Playa Grande Investments) offers a unique ability for qualified clients to own 1/10th, or more, of this magnificent vacation home.  Ownership is guaranteed as the fractional structure is based in the United States so you enjoy the strong legal protection of US law.  The villa has been managed by North Coast Management (Dominican Republic) for the past 5 years and that firm will continue its highly successful management of the villa.

To obtain an “At a Glance” brochure of the offering, structure and financial requirements please visit us here, Villa Castellamonte Fractional Owners.  Also, late breaking news on this is that there is very attractive financing available!

Villa Castellamonte is a 15,000 sq. ft. ultra-luxury vacation home with 8BD/10BA located on the beach in the private, and prestigious, Orchid Bay Estates.  Orchid Bay Estates is home to many of the most magnificent luxury villas in the Dominican Republic; some people claim there is literally nothing like it.  Come and see this property to believe how wonderful it is and now you can own a piece of it!!

 

Villa Flor de Cabrera – Price Reduction!

Within the private, gated community of Orchid Bay Estates is one of the most beautiful and perfectly decorated luxury vacation rentals in the Dominican Republic; Villa Flor de Cabrera (the “Flower of Cabrera”).  Cabrera is known for the exclusive ultra-luxury vacation villas and Orchid Bay Estates is the epicenter of these magnificent homes.  Nearby villas are comparable in size, value and most are available for a luxury villa rental for destination weddings, corporate retreats and family reunion ideas.

Villa Flor de Cabrera

Villa Flor de Cabrera recently decided to lower it’s sales price by $1,000,000 to an amazing $6,900,000 (unfurnished).  This is an astounding vacation rental business or corporate investment opportunity for someone. This is a 10BD/11BA, 18,500 sq ft masterpiece villa, and is located right smack on the beach in Orchid Bay Estates.  The villa has everything you could imagine including private tennis court, huge media room, separate game room, freeform swimming pool with waterfall feature and much more.  Come see it!

To learn more about this or to arrange a private tour of the villa, qualified clients can visit us online: Flor de Cabrera – For Sale

 

Hurricane Ike

Well, it looks like Hurricane Ike will miss the Dominican Republic’s north coast.  Just as all of the other hurricanes this season have missed.  Talk about a lovely place to live.  Sun, sand, gorgeous people and very few negatives from the weather channel.

 

Dominican Republic vs. Florida Hurricanes

Hurricanes such as the upcoming Hurricane Gustav seem to be constantly pummel the southern United States, Florida in particular.  Although the past couple of years have been largely hurricane free, a visit to the www.nhc.noaa.gov website will show you pretty quickly the comparisons.  When compared to the nearby north coast of the Dominican Republic, one sees pretty quickly that living in Florida seems to have a huge number of hurricanes.

1995:  North Coast and Cabrera, Dominican Republic (0), Florida (3) Hurricanes
see: 1995 CARIBBEAN HURRICANE TRACKS

1996:  North Coast and Cabrera, Dominican Republic (0), Florida (1) Hurricanes
see: 1996 CARIBBEAN HURRICANE TRACKS

1997:  North Coast and Cabrera, Dominican Republic (0), Florida (0) Hurricanes
see: 1997 CARIBBEAN HURRICANE TRACKS

1998:  North Coast and Cabrera, Dominican Republic (0), Florida (1) Hurricanes
see: 1998 CARIBBEAN HURRICANE TRACKS

1999:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 1999 CARIBBEAN HURRICANE TRACKS

2000:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 2000 CARIBBEAN HURRICANE TRACKS

2001:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 2001 CARIBBEAN HURRICANE TRACKS

2002:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 2002 CARIBBEAN HURRICANE TRACKS

2003:  North Coast and Cabrera, Dominican Republic (0), Florida (5) Hurricanes
see: 2003 CARIBBEAN HURRICANE TRACKS

2004:  North Coast and Cabrera, Dominican Republic (0), Florida (5) Hurricanes
see: 2004 CARIBBEAN HURRICANE TRACKS

2005:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 2005 CARIBBEAN HURRICANE TRACKS

2006:  North Coast and Cabrera, Dominican Republic (0), Florida (2) Hurricanes
see: 2006 CARIBBEAN HURRICANE TRACKS

2007:  North Coast and Cabrera, Dominican Republic (0), Florida (1) Hurricanes
see: 2007 CARIBBEAN HURRICANE TRACKS

The Dominican Republic, particularly the north coast, has very few hurricanes.  The north coast of the Dominican Republic has not had a hurricane come ashore in recorded history!  Why is that?  Mostly it is because of the prevailing Caribbean currents between Puerto Rico and the Dominican Republic combined with the soaring mountains (highest in the Caribbean) in the middle of the Dominican Republic.

So if you want a tropical paradise but don’t want to have the danger and cost of hurricanes, there is no safer place in the Caribbean than the north coast of the Dominican Republic!

 

Cabarete Grows…”out of control”?

For anyone who has visited the north coast of the Dominican Republic you have undoubtedly visited Cabarete, the entertaining beachfront community framing the Cabarete Bay.  Cabarete has made a name for itself over the years for the exciting and fun-filled kiteboarding and windsurfing in the bay.  As a matter of fact, I believe Cabarete has held the windsurfing championships a number of times over the past decade or so.

Unfortunately the area has also attracted a lot of land developers, mostly condo developers it appears, who are crowding up the beach.  According to some, the over development of Cabarete by these riding condo buildings will soon mess up the wind currents.  If Cabarete is in danger of loosing windsurfers and kiteboarders, are they in danger of losing the investors for these developments?

I seriously doubt it but who knows?

 

Cabrera Condo/Hotel

Confirmation has reached us that the reorganization of the development company behind Cristal Beach Resort has finally been completed.  Late last year, Cristal Beach Resort was one of the most talked about condo/hotel projects on the north coast.  As the sole luxury hotel destination between Cabarete and Samana, the beachfront Cabrera location of Cristal Beach makes it a real winner for early investors.

Apparently the project has been slightly downsized to roughly 60 units vs. the 70+ originally targeted.  The developer tells us that this is because they increased the already spacious sizes of the units and added penthouse suites to boot.  We plan on getting some new collateral information on Cristal Beach if anyone is interested.  

We will get some additional information and post it up here soon.  

 

Dominican Republic Real Estate

The Dominican Republic is rapidly becoming the “in” place throughout the Caribbean for savvy investors seeking excellent offshore real estate opportunities.  The Dominican Republic is one of the very last unspoiled, tropical paradise island locations left in the world…and definitely the last one remaining in the Caribbean.  For investors from North America, Europe, Russia, Middle East and Far East the Dominican Republic real estate market offers superb return on investment in a safe, democratically governed country within a virtual stone’s throw of the United States.

Throughout our travels in the Dominican Republic seeking the very best real estate to offer our clients, we discover unique and unusual sights, people and opportunities.  In addition to our hugely popular real estate website for Dominican Republic property for sale (http://www.playa-grande-real-estate.com) we will use these pages to highlight interesting properties, villas for sale, people, events and more.

Cabrera is the headquarters of Playa Grande Investments (Inversiones Playa Grande, S.A.), referred to locally as “Playa Grande Realty” or “Playa Grande Real Estate”.  We are not affiliated with the Playa Grande Golf Course but have taken our name from what we feel is a true national Dominican treasure, the famous Playa Grande Beach.  Cabrera is considered by many to be the future “Hampton’s of the Dominican Republic,” hopefully because of what The Hampton’s were designed for originally versus what they have evolved into.

More as it occurs…