Dominican Republic Business for Sale

Business for sale in Dominican Republic - Cuban Coffee/Sandwiches and Cigars!

Best Coffee and Sandwiches in Town!!!!
• 600 sq. m., 1 bath commercial - MLS® $174,900 USD - Fully Furnished!!
Sosua, Puerto Plata - "Cafe Cubano" Business for sale in downtown Sosua.








Cafe Cubano includes three businesses, a coffee bar, a sandwich bar and a cigar store.

Price includes all equipment, freezers, fridges, deep fryers, meat grinding machine, stove, glasses, cups and all cutlery.

The business has been in operation for over 10 years and has a well established customer base as well as being well located for the walk in tourist business.

Price includes everything!

Dominican Republic Real Estate Jazz Fest Report

Jazz Fest sizzles balmy Dominican Republic resort town



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Holograma Quintet, with percussion master Wilson “Chembo” Corniel.
Picture 1 of 2
Previous Next Zoom Picture Cabarete, Dominican Republic Real Estate.- The tenth annual Dominican Republic Jazz Festival played to packed crowds on Playa Cabarete from November 6th through the 8th, drawing more than 2,000 people from across the Dominican Republic and internationally.

The Dominican Republic Jazz Festival is the biggest yearly Cabarete event outside of wind sports, and the excitement can be felt from beach to barrio. Each "night" -- well into the morning hours -- post-festival party goers participated in improvisational jazz jam sessions and then boogied it at the thumping beach-front Cabarete clubs.

This year, Peruvian pianist and composer, Ania Paz, started things off Friday night with her jazz ensemble of Afro-Peruvian and Caribbean flavored stylings. Though the highlight of Friday night was decidedly the energetic improvisations of the Holograma Quintet, whose strong bass, guitar and sax played beautifully off of the pulsing rhythms of percussion master, Wilson “Chembo” Corniel.

The weekend continued with youth workshops during the day on Saturday, led by the world renowned talents of bass master Ramón Vázquez, professor and founding member of the New Jazz and Caribbean Music Department of the Puerto Rico Conservatory of Music, Italian composer, jazz columnist and saxophone extraordinaire Marco Pignataro, and more top of the line maestros. Even though it was a free day from school, children from the neighborhoods, including a host of DREAM project students, absolutely packed the main stage seating.


Saturday evening welcomed the talent of Dominican group, Fellé Vega + Un Folclore Imaginario -- Fellé Vega playing his inventive percussion instruments into near religious ecstasies, the international ensemble, Saxophone Encounter, who displayed their insights into ultra-improv, and three-time Grammy award winning drummer Antonio Sanchez pounding out the rhythm of his quartet.

The show wrapped up Sunday night amidst the downpour of a tropical rain storm. Concert goers huddled in under the covered seating in every way possible, packed tighter than the most utilized of guaguas, while the Marco Pignataro quintet played one beautifully orchestrated piece into another. The weekend finished with a literal bang, as Dominican born “El Canario” José Alberto whooped up the crowd with his contagious and courageous Latin / Caribbean / jazz big band. They wailed all the way into Sunday night and through to the earliest hours of Monday morning with Cuban, Puerto Rican, and Dominican classics that had the whole crowd up and dancing along with them. José Alberto ended the event with an energetic pass through the crowd, singing his heart out, as fireworks exploded over the beach behind the spectators.

Event organizer, Lorenzo Sancassani, described the festival as having gone “perfectly.” When asked how this year compared to previous years, he said, “Structurally it just keeps getting better and better, but other than that, the feeling, the excellence in music, it is the same.”

Though there was no special fanfare for the tenth anniversary aspect, Sancassani revealed big plans for the festival's fifty year celebration... Long live The Dominican Republic Jazz Festival!

For more information, visit www.drjazzfestival.com.

Written by: May Otte, pictures and text

Dominican Republic Real Estate

Condo for Sale in Cabarete - Price Reduced!

89 sq. m.,

2 bath, 2 bdrm apartment -

MLS® $150,000 USD - Steps to Beach
Cabarete, Puerto Plata -

2 Bedroom condominium located in central Cabarete only steps to the stores, restaurants and nighlife of Cabarete, yet situated in a stunning secluded oasis featuring a fully landscaped tropical garden and large pool. This unit is beautifully furnished and features 3 flat screen tvs, artwork and granite countertops.A perfect building complex for those looking for an investment or having a vacation home in Cabarete. The development is located in the center of Cabarete which offers an array of sports activities, adventure tour opportunities and a fantastic nightlife with a great variety of restaurants and bars. The building complex consists of two separate buildings, pool area, garden and private parking lots. Additionally, there is a beach club with storage place for sports equipment and beach chairs available for owners and renters. Telephone, high speed internet and cable TV are all available.The beach access is less than a five minute walk and it leads you directly onto beautiful Cabarete bay. Beach pictures are taken from beach access.Don't miss this fantastic opportunity, contact us today for more information.
Property information

Dominican Republic Real Estate

Dominican Republic Homes

New Sosua Medical Clinic

New Sosua, Dominican Republic Medical Center

Source: Sosua News

New hospital in Sosúa
Around three months ago a new modern hospital ('Centro Medico Cabarete', CMC) located on the main road between Sosúa and Cabarete, finally opened its doors to the general public. This is a development that residents in Sosúa have been waiting for! Until now everyone had to travel to Puerto Plata if they needed medical treatment, which meant that many lives were lost due to the time/ distance involved. Victims of car/motorbike accidents, in particular, often did not survive.

Cabarete Centro Medico

CT Scan
The owners of the new CMC are of Argentinian descent, and the hospital is a real family affair. The project is the brainchild of Dr. Roberto Spitale, who is a renowned neurosurgeon with around 30 years experience. His parents, Alida and Roberto Spitale, head the administration team. Even his sister and brother-in-law contribute, with long distance consulting from their practices in the United States.

Cabarete Centro Medico
The CMC also has a number of highly qualified specialists that it can call on when necessary. These include allergy specialists, cardiologists, general surgeons, dermatologists, endocrinologists, gastroenterologists, gynaecologists, ear-nose-throat specialists, paediatricians, neurophysiologists, psychologists, laboratory diagnosticians, lung specialists, medical microbiologists, neonatal doctors, neurosurgeons, neurologists, oncologists, eye specialists, orthopaedic specialists, pathologists, anaesthetists, plastic surgeons, radiologists, radiotherapists, rheumatologists, revalidation experts, thorax surgeons and urologists. The hospital contains all the latest equipment required for these specialisations, and includes an extensive laboratory facility, and some of the most modern radiology equipment in the north coast (including a CT Scan).

Ambulance
Doctors consultations take place between 8am and 5pm; it is recommended to call first to set up an appointment for a specialist. Emergency service and ambulance are available 24 hours per day. The CMC has 22 beds including private, semi-private rooms, and intensive care. It also has two operating theatres and a neo-natal ward. The front entrance (reception) is closest to the main road, while the emergency entrance is clearly marked at the back of the building.

Alida and Robert Spitale
Insurance
This is a private clinic but patients who are insured with Monumental, Amor y Pas, ARS SDS or ARS Futuro have no worries, as these insurance companies have completed the affiliation process. Unfortunately, anyone who has a medical insurance policy with Universal, or a company not mentioned above, should put pressure on that company to complete the affiliation process quickly, or patients will have to pay for treatment privately and try to claim it back from the insurance afterwards - and we all know what a hassle that can be!

Cabarete Centro Medico
We have asked Universal when they expect to complete the affiliation process with CMC, but we are still awaiting their reply. The clinic hopes to affiliate with all the national insurance companies in the future. Of course, if you have International Insurance, the clinic can work with these in cases of hospital stays or emergency. Many doctors are also generously willing to cut their fees in cases of Dominican patients in need, who may not have the means to be treated otherwise. CMC is indeed a much-needed addition to the medical facilities along the north coast. Finally, Sosúa has a professional modern hospital where patients receive medical care that is equal (if not better than) European or American standards.Centro Médico CabareteCarratera Sosúa - Cabarete km1E-mail: cmc-sosua@gmail.comNeurocirugia del Caribe C por ATel: 809 571-4696Emergency: 809 571-4038


Joanne Hammond is the broker/owner of Remax Ocean Side Realty in Puerto Plata, Dominican Republic. Joanne worked in commercial real estate in Canada for 7 years before moving to the Dominican Republic 4 years ago where she established the Remax franchise along with her husband. For more information on both Dominican Republic commercial real estate or Dominican Republic real estate residential listings check her website or call her directly.

Joanne Hammond MBA
Broker
RE/MAX Ocean Side Realty,
Puerto Plata, Dominican Republic
Dominican Republic real estate
info@dr-remax.com
Cellular - 809-657-4141
Office - 809-261-1168

Dominican Republic a Favourite Amongst Investors Seeking Well Prices Caribbean Real Estate

view original article here: http://www.property-abroad.com/news-story/Dominican-Republic-a-Favourite-with-Current-Wave-of-Buyers-19316545

The Dominican Republic is proving to be one of the major benefactors of increased activity in the overseas property market, according to an expert. Les Calvert of portal Property Abroad.com said that interest is increasing for Dominican Republic property faster than many other parts of the Caribbean, because, he says that most people are looking for cheap overseas property in the current climate.

"Dominican Republic property is less expensive than anywhere else in the Caribbean, and it has held its value throughout the downturn when lifestyle buyers kept the market alive. Now people can see that prices are low and the market is stable it is making it a very popular place with the current wave of buyer," he said.

This isn't the only thing driving increased demand in the Dominican Republic according to Calvert. The island is benefiting from the increase in people looking to make buy-to-let investments overseas.

"The credit-crunch showed just how vulnerable property is to losing its value as quickly as it gains it during good times. This has made people think twice about investing for capital growth potential, and most people looking at buying today are looking at a property based on the amount of money it will earn from rentals, and how much of that will be left after expenses," he said.

"People are being a lot more realistic about their expectations, there aren't so many people being blinded by the sun as there were before the downturn," he added.

Written by Jamie Arthur
Dominican Republic Real Estate

Great News for DR Developers

For original article please see here Earthtimes.org

(PRWEB) November 10, 2009 -- While many real estate developers from around the world are postponing or canceling projects due to lackluster sales and inadequate funding, Group Metro, one of the leading real estate and transportation companies in the Dominican Republic has bucked this trend. Group Metro today announced that it closed a US$35 million growth capital investment with Portland Private Equity. The funds, earmarked for Las Olas, an oceanfront condominium complex in Juan Dolio, will enable the company to continue its expansion plans for the up-and-coming region of the Dominican Republic. http://www.metrocountry.com/.
“Las Olas construction is scheduled to reach the halfway mark before the holidays, so the timing of this capital injection coincides perfectly with our need to purchase important components such as fixtures and finishing elements,” stated Luis Jose Asilis, CEO of Group Metro. “This will allow us to capitalize on cost saving opportunities through bulk advance purchasing of materials, which will be passed on to our clients in the form of a higher quality end product,” he added.
Located in Juan Dolio, 35 km from Santo Domingo, the capital city of the Dominican Republic, and 15 km from the Las Americas International Airport, Las Olas is a sixteen level Art Deco style beachfront condominium that features 227 apartments showcasing open spaces and panoramic views of the Caribbean Sea. Residents will also have exclusive memberships to the nearby Metro Country Club, which features an expansive Clubhouse, the Las Marlins 18-hole golf course, mini golf, tennis courts, swimming pools, restaurants, preferential access to the in-resort Embassy Suites Hotel, and much more.
Portland Private Equity, the private equity manager of the AIC Caribbean Fund, stated, “We are pleased to partner with a fast growing and successful company like Group Metro, the market share leader for beach front condominium in the southern coast of the Dominican Republic,” said Managing Partner Kip Thompson. “We are bullish on this development as it offers many advantages compared to the other tourism dependent real estate projects in the region that we look at. The Juan Dolio area is fast becoming a suburb to Santo Domingo and the affordable luxury emphasis of Las Olas opens up the opportunity to local and ex-pat Dominicans to buy a condo as a second home.”
Portland Private Equity will also participate on Metro Country Club’s board of directors and will provide the board with global industry insight and international investment banking experience. “In addition to being a strong financial supporter,” continues Asilis, “Portland Private Equity’s participation on Metro Country Club’s board will play a key role in guiding our expansion strategy.”
About Group Metro Group Metro has established a formidable international reputation throughout its four decades of experience in transportation, tourism and real estate. From its landmark property, Metro Country Club, to the oceanfront condominium developments of Costa del Sol, Marbella, Costa Blanca and Las Olas, Group Metro has become the definitive company for real estate and tourism in the Dominican Republic. Led by its visionary CEO, Dr. Luis Jose Asilis, the company has played an integral role in putting the Dominican Republic on the map as a top Caribbean destination. Further, Group Metro will be one of the first developers in the Dominican Republic to provide flexible financing to buyers. For more information, visit http://www.groupmetro.com/, http://www.metrocountry.com/ or http://www.costablanca.com.do/.
About Portland Private Equity Based in Barbados, Portland Private Equity is a private equity fund management company currently focused on opportunities in the Caribbean region through its management of the AIC Caribbean Fund (ACF). Building on Portland’s track record of successful investments throughout the Caribbean region, ACF is a $230 million fund focused on medium-sized businesses. Companies in its portfolio do business in over 21 countries throughout the Caribbean, Central America, and Latin America. For more information please contact Douglas Hewson at dhewson(at)aicgh(dot)com.


Joanne Hammond is the broker/owner of Remax Ocean Side Realty in Puerto Plata, Dominican Republic. Joanne worked in commercial real estate in Canada for 7 years before moving to the Dominican Republic 4 years ago where she established the Remax franchise along with her husband. For more information on both Dominican Republic commercial real estate or Dominican Republic real estate residential listings check her website or call her directly.
Joanne Hammond MBABrokerRE/MAX Ocean Side Realty,Puerto Plata, Dominican RepublicDominican Republic real estateinfo@dr-remax.comCellular - 809-657-4141Office - 809-261-1168

Lot / Land For Sale in Playa Chiquita
Plans and Approvals For 6 Condos!!!

• lot / land - MLS® $59,000 USD

Playa Chiquita , Sosua - Lot in upscale neighborhood in Sosua, only steps to the beautiful Playa Chiquita beach. Playa Chiquita is a prestigious and quiet residencial area neighborhood amongst multi-million dollar Oceanfront homes. This lot is in the perfect location:- 5 min walk to downtown Sosua center, Restaurants, Nightlife and Sosua beach- 1 min walk to Neighborhood Playa Chiquita Beach- 15 min car commute to Puerto Plata airport- 10 min car commute to CabareteThe foundation is already in place and the lot comes with plans for an ocean view single family home or 6 unit complex building.Approvals and Assesment paid by lot owner for street-repaving connecting to main street.(To be completed by 2009)Next door to Hispaniola Beach beachfront condominium project.

Developers dream!Contact us for more details today.

Property information

Joanne Hammond is the broker/owner of Remax Ocean Side Realty in Puerto Plata, Dominican Republic. Joanne worked in commercial real estate in Canada for 7 years before moving to the Dominican Republic 4 years ago where she established the Remax franchise along with her husband. For more information on both Dominican Republic commercial real estate or Dominican Republic real estate residential listings check her website or call her directly.
Joanne Hammond MBABrokerRE/MAX Ocean Side Realty,Puerto Plata, Dominican RepublicDominican Republic real estateinfo@dr-remax.comCellular - 809-657-4141Office - 809-261-1168

Dominican Republic Hotel For Sale

89 Room Beachfront Hotel - 10 Minutes from International Airport!!

Stunning beachfront location!

• 5,600 sq. m. commercial "Beachfront" - MLS®

$9,900,000 USD -

OWNER WILL CONSIDER JOINT VENTURE!!!

Sosua, Puerto Plata - Nestled along the northern shores of the Dominican Republic, just ten minutes from the Puerto Plata International Airport, this lovely boutique hotel looks out over brilliant waters and past soft, white beaches. Recently renovated and upgraded, this hotel features 89 rooms consisting of, 3 deluxe suites, 30 standard suites and 56 studios. The common areas include 2 restaurants, 2 bars, a large swimming pool with a jacuzzi, a sundeck and terrace with lounge chairs, a gift shop and internet area, a beauty salon, a gym and a tour desk.Located on a beautiful secluded beach yet still located in the heart of town close to all amenities. This property is perfect for any investors looking for boutique hotel or a resort for a condominium hotel project or vacation club property.
Property information

Joanne Hammond is the broker/owner of Remax Ocean Side Realty in Puerto Plata, Dominican Republic. Joanne worked in commercial real estate in Canada for 7 years before moving to the Dominican Republic 4 years ago where she established the Remax franchise along with her husband. For more information on both Dominican Republic commercial real estate or Dominican Republic real estate residential listings check her website or call her directly.

Joanne Hammond MBA

Broker

RE/MAX Ocean Side Realty,

Puerto Plata, Dominican Republic

Dominican Republic real estate

info@dr-remax.com

Cellular - 809-657-4141

Office - 809-261-1168

Cheap Flights to the Dominican Republic

A good price on air fair is a popular topic for those of us who live in the Dominican Republic. Either because we have, clients who need some advice on transportation, because we have "Island Fever" and need to escape for a few days, because we need to visit our families back "home" or because we have friends and family visiting us and we want to help them find the best possible deal.

I have found that you can definitely get some fantastic deals, depending on where you live and the flexibility of your timing for travel. I have compiled a few websites that I have found to be tried and true when searching for good deals on flights to the DR.

The first is Spirit Air. Not a well known airline but the prices (and specials) are incredible. I have found that for the best deals you should travel mid-week. The major inconvenience is that they only fly into Santo Domingo and from there you will have to take a 3 hour bus ride up to the North Coast. However, the buses are "better than Grey Hound" quality with reclining seats, bathrooms, air conditioning and televisions (if you're lucky you will get a movie in English with Spanish subtitles!) and the cost is approximately US$6.

The next is Jetsblue, which flies into Puerto Plata daily from New York. Great service, comfortable seats and good prices, what more can you ask.

If you are flying in from Canada Westjet is always a great choice. Their flights are seasonal and they only fly to the DR during the high season for Canadians which is early November until just after Easter. You should remember to check the Canadian Charters like Sunwing, Airtransat and Skyservice through vacation sites like Itravel2000 and Redtag.

Lastly, there are the sites that will compare prices for you. Often, these do not include charter companies so you have to be sure you are not only getting a limited comparison, these include Farecompare, Bookingbuddy and Kayak. Expedia is another, but I have found that as this site has become increasingly more popular they do not offer the same discounts as some of the less popular sites.

http://www.spiritair.com/
http://www.jetblue.com/
http://www.westjet.com/
http://www.itravel200.ca/
http://www.redtag.ca/
http://www.kayak.com/
http://www.farecompare.com/
http://www.bookingbuddy.com/
http://www.expedia.com/
http://www.cheapflights.co.uk/

If you have any suggestions on sites, especially those that cater to the UK and Ireland, please let me know and I'll add them to this posting to help everyone fight those over priced airlines.

Joanne Hammond is the broker/owner of Remax Ocean Side Realty in Puerto Plata, Dominican Republic. Joanne worked in commercial real estate in Canada for 7 years before moving to the Dominican Republic 4 years ago where she established the Remax franchise along with her husband. For more information on both Dominican Republic commercial real estate or Dominican Republic real estate residential listings check her website or call her directly.

Joanne Hammond MBA
Broker
RE/MAX Ocean Side Realty,
Puerto Plata, Dominican Republic
Dominican Republic real estate
info@dr-remax.com
Cellular - 809-657-4141
Office - 809-261-1168