About The DR
DREAM CITY – ON THE NORTH SHORE.
“There is no island more beautiful in the World” – Christopher Columbus
The history of the Dominican Republic is an interesting one. Incredibly enough Christopher Columbus, or Colon in Spanish, did not discover present-day North America but instead discovered the Dominican Republic. In fact, the city of Santo Domingo was the first real European settlement in the Americas, having been founded more than 500 years ago long before the English founded the Massachusetts Bay Colony in the the United States
INVESTOR FRIENDLY.
The North Shore of the Dominican Republic is one of the most popular tourist areas on the island. Packed with resorts, this area is known for its beautiful beaches, world-class golf courses, and international sporting events. Dream City is located in Sosua, in the province of Puerto Plata.
Government Incentives include tax exemption for 15 years for new projects, special free zones that offer all types of financial and support services to entities located outside the Dominican Republic without taxes for a 30-year period. Tax exemptions for imports, real estate, tax dividends, and interest and 50% reduction on property and capital gains taxes. The registration of foreign investments is optional. No government approval is required for the repatriation of profits.
• Political and Social Stability, characteristic of a solid and lasting democracy, for more than 45 years
• Strategic Geographic Location in the center of the Caribbean, 1:45 minutes from Miami and Caracas, which places the D.R. near the center of North and South America and, especially, the North American market.
• Modern Port and Airport Infrastructures, with excellent maritime and air transport services.
• Excellent telecommunications service, comparable to the most developed countries in the world.
• Modern Networks of highways and highways that facilitate the movement of goods from one point to another in the country.
• Efficient Labor Market and manpower qualified at competitive prices and with high productivity.
• Excellent Treatment for Foreign Investment with an attractive program of Tax Incentives.
• Adequate Government Support for Foreign Investment.
• Preferential Access to International Markets through different trade schemes.
DREAM CITY – MASTER PLAN
Dream City is planned to be a mixed-use, residential and commercial community in the Northern Coast of the Dominican Republic.
This will truly be a one-of-a-kind project that will attract a new segment of tourists and homeowners to the North Coast of the Dominican Republic.
a. Located between Puerto Plata and Sosua
b. One Kilometer from the International Airport POP
c. Approximately 2,000,000 square meters/ 500 acres
d. Property is made up of two parcels, one Oceanside, one Hillside directly across the main Road
e. Two Kilometers of uninterrupted Coastline
f. Project is located within a zone that qualifies for Confotur, a 15-year tax incentive program
(1) Developer and sub-developers pay no sales or import taxes on construction materials
(2) Promoter pays no income tax on Sale of Residential Products (condos and Villas)
(3) No transfer tax for buyers who purchase residential Products from Promoter
DREAM CITY – VISION AND CONCEPT
Dream City Caribbean Resort and Residences is a new concept in Resort Style Living. It will consist of interconnected neighborhoods that provide its guests and residents a feeling of security, luxury, harmony, and pride.
These neighborhoods will include affordable villas, condominiums, and hotels of various levels of size and refinement, all of which will have access to world-class amenities.
In addition to the hotel rooms, the villas, and condominiums will be available to rent, offering a much different vacation experience to our short-term guests. All needs and wants of our guests and residents have been accounted for: shopping, dining, and entertainment will be available in our numerous commercial areas. Connection to the world through high-speed internet and IP Phone service.
Amenities for Fitness, sports, and social interaction will be available in our expansive outdoor spaces and Medical services at the on-site Medical Center.
Transportation to the airport and neighboring beaches and towns will be available from our Car Rental and Transportation Center.
Even day to day chores such as cooking, cleaning, and home maintenance can be provided by the Dream City staff.
Where is Dream City?
…on one of the most beautiful coastlines in the Caribbean.
Dream City will be located in the Caribbean on one of the most beautiful coastlines in the world in the Province of Puerto Plata on the North Coast of the Dominican Republic. Just 743 miles Southeast of Miami and is between Cuba to the west and Puerto Rico to the east. Strategically located only 5 minutes away from Puerto Plata International Airport and an hour and a half drive from the Santiago International Airport. Due to its perfect climate, beautiful beaches, genuinely warmhearted residents and inexpensive real estate, healthcare, food and accommodations for tourists, The Dominican Republic, is the most traveled to and popular destination in all the Caribbean.
Dream City Components
THE INFINITY BEACH LAGOON.
DREAM CITY’S CROWNING JEWEL.
The crowning jewel of the project will be an expansive man-made Infinity Beach along the 2 Kilometer oceanfront. Dream City will provide true stress-free living and vacationing. Dream City Caribbean Resort and Residences will truly be a one-of-a-kind project that will attract a new segment of tourists and homeowners to the North Coast of the Dominican Republic.
Dream City Caribbean Resort and Residences will be a mixed-used Master Planned Community consisting of Residential, Hospitality, and Commercial properties.
Infinity Beach Lagoon
– 5 (or 4) connected oceanfront infinity lagoon pools, creating one of the world’s largest artificial beaches. – These will be built in phases coinciding with the development of the project.
• The first phase will include the condo-resort and village.
• The Village Beach will be open to all components of the project and to the public with controlled access.
Commercial Area
– Phase I
• Construction of the sales and Administration office
• Construction of the Restaurant “The Grill” and the family playground area.
• Construction of the Dream Golf Center (Mini-Golf, Pitch and Putt, Putting Course and Driving Range)
– Phase II
Construction of the Cultural Center.
Building of The Village.
1- A Caribbean-style pedestrian avenue with individual free-standing buildings that will gather a supermarket, shops, boutiques, restaurants, cafes, etc.
2- The Village Beach.
3- Parks and green spaces, including walking and hiking trails, sports and fitness areas, dog parks, etc.
– Phase III
• Construction of the front area of Las Lomas
RESIDENTIAL
Phase I – Condo Resort.
220 Condos.
80 Pool Homes.
6-12 Oceanfront Villas.
Phase II – Future Development.
Las Lomas gated Villa Community.
Approximately 1000 additional condos and villas to be developed through JV partnerships and land sales to sub-developers.
HOSPITALITY
Phase I
Flagged oceanfront hotel of 200-300 rooms to be developed through JV Partnership.
Phase II and
future development
2 or more (depending on interest) additional flagged oceanfront hotels to be developed through JV Partnership
MEDICAL CENTER
To be built through JV Partnership. –
Will include emergency and primary care. –
Available for promotion of
Medical Tourism
through affiliation with
Hospitality components.
INVESTOR OPPORTUNITIES
a) Debt
b) Equity
c) Land Investments
d) Investment in Single Opportunity: Hotel, Residences, Solar, etc.
e) Investment in Multiple Opportunities: Single Phase, All Phases, etc.
These images are for reference purposes only,
not necessarily representative of the actual amenities.
Dream City Concept Rendering of Administrative Building
Timeline
DREAM CITY DEVELOPMENT PHASES
WHERE ARE WE NOW
Dream City Cultural Center Concept Rendering
FAQs – Click on each item below to open answers.
a. Adds value to the whole property
b. In investment banking, we always look for a large barrier to entry. In this case, this land offers this opportunity that will be hard for others to duplicate. In part, because if you have expensive land, it becomes too expensive to add this feature.
c. Major marketing tool as it will create worldwide exposure as one of the largest infinity pools/lagoons in the World.
a. Adds value to the whole property
b. In investment banking, we always look for a large barrier to entry. In this case, this land offers this opportunity that will be hard for others to duplicate. In part, because if you have expensive land, it becomes too expensive to add this feature.
c. Major marketing tool as it will create worldwide exposure as one of the largest infinity pools/lagoons in the World.
a. What is being built:
-
The Village Beach – 400 linear meters
-
Vista Del Mar Beach – 300 linear meters
b. Cost for construction?
-
Approximately $700k/acre
-
8 Acres = $5.6 M
c. Builder
-
TBD
What is it?
a. A series of interconnected oceanfront pools/lagoons
b. Designed to give an Infinity Pool effect with a beach feel
c. Each lagoon will be sand-bottom entrance with the adjacent white sand area, simulating a natural beach.
(Reference image – Final amenity may not be the same)
a. Safety – No undercurrent, controlled depth
b. Security & Privacy – Controlled access
c. Cleanliness of water and beach area
d. Ease of use
e. Proximity to Ocean providing view and breeze with Infinity effect
f. Excellent water experience
Contact.
LET’S TALK.
DREAM CITY
Administration Office:
Dominican Republic Sales Office:
+1 (829) 265-7748
United States Address: 1025 N Brand Blvd. Suite 100 Glendale, CA 91202
USA Sales Office: 818-299-6666 / 1.855.999.3019
Email: info@dreamcityteam.com
avoevodina@dreamcityteam.com