Manatee Peninsula Executive General

The Manatee Peninsula

Historic, peaceful, secluded location -- Perfect for the ultimate, luxury green resort, a personal, private retreat, rehab, mixed development, or a vacation community!

The

Manatee Peninsula

Acres: 355+ (1.44 Million Sq. Meters)

Ocean Beach Frontage: 4.4 Miles (7.1 KM)

More Waterfront: Miles of lagoon, mangrove, and river frontage

Special Offer: $20,885,000

Exclusive Beachfront Property

North Dominican Republic


Property: 355+ Acres

(1.44 Million Square Meters)

Healthy, undeveloped land bordered by

miles of pristine ocean beaches and

sparkling, gentle lagoon waters.

Ocean Beach Front: 4.4 Miles

(7.1 Kilometers) Miles of spectacular

natural beaches.

More Waterfront: Many miles of lagoon,

mangrove, and river frontage. Deep water

and buildable waterfront.

Zoned: Zoned for “Tourism”, the official

2008 “Tasacion” (appraisal) received the

highest rating of 4: Excellent. Can also

divide and sell individual lots.

Protected: Area is known as a “hurricane

hole” since a 10,000-foot mountain range

to the southeast acts as a natural

hurricane shield.

Airports: Less than 90 Minutes from 2

International Airports (Puerto Plata and

Santiago).

Utility Access: Property is about 1/2 Mile

(800 Meters) from the main road with

utilities.

Local Business Development: The

friendly township of La Isabella welcomes

all tourist development and activities.

Property Highlights


The federal government is actively

supporting and encouraging tourism and

commercial development in this area.

Construction and the tourism market

continue to increase tremendously every

year. There are over 250 International

flights to the DR every week.

Eco-Nature: Named the "Manatee

Peninsula" due to the extensive lagoon

filled with playful, gentle manatees.

500-Year-Old History: Christopher

Columbus discovered the peninsula on his

second trip to the New World in 1493 and

he anchored his boats in the lagoon. The

property is minutes from the original

settlement of Christopher Columbus: "La

Isabella" which is known as the first

European settlement in the New World

(now a National Park).

Tourism Highlights

• Paradise Islands: Short boat ride to the world famous Paradise

Islands (Sand Islands).

• Local Town: Luperon, an up and coming tourist hot spot with the

best-protected natural harbor in the Caribbean.

• Yachting & Golf: Punta Alma, a golf and yacht resort is being

developed nearby.

• Armando Bermudez National Park: Established in 1956, this

was the first national park in the DR. It is still considered the most

popular due to the 10,128-foot-tall Pico Duarte.

• Historic Recreations: Build a replica of the original Columbus

settlement and or museum on the property and anchor a replica of

his ship in the lagoon to attract daytrip tourist.

• Water Activities: Offer diving for treasure, cave diving, fishing

trips, snorkeling, parasailing, and whale watching tours.

• Water Tours: Arrange boat tours to the Paradise Islands, La

Isabella, Puerto Plata, and other fun and historic ports or beaches.

• Excursions: Design day and overnight excursions to historic

centers, agricultural tours, nature parks, and more.

• Mountain Trips: Propose unsurpassed Jeep Tours in the DR

mountains.

Hot Destinations:

Attraction Ideas:


This property has been in the German owner s family for many years. The current, local owner inherited the property from his father a few years ago.

To take a unique marketing approach in a challenging economy, the owner contacted a group of German business executives that have numerous international connections and asked them to use their contacts to market the property on his behalf. Our group has members in the Dominican Republic, Germany, and the US and can communicate in English, German, and Spanish.

We have taken extensive measures to protect all parties from any potential fraud. The transaction will be handled by a Denver, Colorado law firm, which is listed by Martindale-Hubbell as one of the preeminent law firms specializing in real estate. The same law firm will be handling the money transfer and distribution. All payments, including down payments, will be put into an escrow account at the Denver law firm. The law firm will only disburse the funds when the buyer confirms that the property is in the buyer s name.

The seller is the sole owner of the property and the property has a clear title and is free of debts and liens. An official 2008 “Tasacion” (appraisal) confirms that the property is zoned for tourism and, based on its location and the quality of the beachfront, out of four possible tiers, it is rated “excellent” -- the highest rating.

In the Dominican Republic to make property purchases more transparent and to prevent “surprises” for the buyer, as of April 4, 2009, a “deslinde” is required for any property sale. The “deslinde” procedure converts a provisional title that guarantees the property right of ownership for a portion of land within a bigger parcel into a definite title that guarantees the ownership of an individual parcel. A “deslinde”, as well as an official GPS survey, is available for this property.

We named the property The Manatee Peninsula and a website with more information is available (provided upon request). Our website features documents for download, links to more pictures, and a movie about the property.

The property has the perfect shape for a luxury resort with villas, a private community, or even a mixed development that would allow every individual villa not only extreme privacy, but also an extraordinary water view. The property can be sub-divided and individual waterfront lots can be sold for a tremendous profit. The property might also be turned into a private retreat for a well-appointed individual or as a rehab center. With the high-end yacht market growing, this enormous beachfront property offers the buyer the possibility to dock one or more yachts. Theoretically, there is even enough acreage length and depth to put in an 8,000-foot runway for commercial planes.

Overview & Background


Christopher Columbus stayed on this historical property during his second trip to the New World and anchored his “yachts” in the property's lagoon while he built the settlement La Isabella. From the property you can see the “Templo de las Americas,” a church built to celebrate the 500th anniversary of La Isabella.

The seller has requested that the property be priced far below market value at only US $ 20,888,000 (US $14.50 per square meter). This is unheard of for a property with nearly 4.5 miles of beachfront. The property is priced US $720,000 lower than the official bank estimate (made in May 2008) that values the property at $15 per square meter!

Although the owner inherited the property he is preparing for retirement and this is your chance to purchase the property far below market value, develop it, and then collect an incredible return on your investment. This makes it the seller s loss and the buyer's gain!

Our group respects the seller's request to quickly find a buyer that recognizes this exceptional opportunity and to accept the first offer at this low price.

The buyer will be in good hands -- members of our group have been involved in real estate construction of similar types of projects in the Dominican Republic for many years and are prepared to answer any questions related to building on the property. We would also be glad to share the contact information of local resources. We are well connected on the island and would also be happy to assist with any permit related questions and procedures. The Dominican Republic Government is extremely eager to increase tourism in Luperon and La Isabella and is very supportive of any investments in that area.

Overview & Background (cont.)


More Photos: From Above


More Photos: Ocean Beaches


More Photos: The Lagoon


More Photos: The Property


More Photos: From the Water


More Photos: From the Water – The Island


Concept Idea: How a Spa on One of the Bays Might Look

Before

After

Manatee Peninsula Executive General

Documents

Transcript of Manatee Peninsula Executive General