Amber Dune, U.S. $ 115 MM coming to Cabarete

Amber made famous Puerto Plata province, the tourist who opened the doors to international tourism to the Dominican Republic.

Cabarete dunes, which is the most outstanding municipality in tourism development on the north coast, placed in the perfect place to attract a major economic investment in the area.

Amber is Dune, a tourism project of condo-hotel properties with 204 units, three restaurants, tapas bar, beach club, gourmet coffee shop and a private chef's kitchen.

Be prepared for local and international recipes chef Dominicans and foreigners.

Investment in the first stage will be U.S. $ 35 million and when completed the project will be U.S. $ 115 million.

It is most important at this time in tourism investment in the north. The credibility of the country, according to its promoters, has been key to making this investment.

Darren Law is Chief Executive of the project.

Is accompanied by Dean Parsons on the sale and operation of the project. Judith Joseph is responsible for public and institutional relations.

The project will be developed in three stages: the first will have an availability of four condominium buildings for sale, which also includes the reception area, administration, main restaurant, lobby, shops, pool bar and spa. At this stage there are 74 units for sale. The other stages, two and three, are 65 each, amounting to 204 condominium apartments in the project.

The first part will be ready within a maximum period of 24 months once construction begins, which is expected to start in March 2011.

See the investment made by the government for the country's tourism advertising are working and Amber Dune is an example of the results. The project proposes an elevated level of supply tourism in the tourist resort of Puerto Plata.

On the reasons why he brought the project to Cabarete, Law said that the area is a real experience and is having a lot of attention in the international arena. He said all market studies have been done recently indicate that Cabarete is an obligatory point of reference, as international brands are coming not only hotels, but also restaurants and other tourist establishments.

In his view, the target audience that is addressed is very different from visiting other tourist destinations, and not just about going on vacation, but investment. Internet on the beach and in all other areas is one of the options offered.

The idea really began to be realized two years ago and since October 2009 with the acquisition of land.

Although it is a condo-hotel is designed to be only hotel. He who gets one of apartments enters a hotel system automatically. The property owner is allowed to use eight weeks a year and when available. This means that there will be eight weeks.

One of the best parts of this type of project, particularly in the case of Amber Dune, is that the owner is receiving benefits for your property for months not using it, since in this period is that income. The benefits are divided by a ratio of 50%.

TOURISM PROJECT SPECIFICATIONS
EXPLANATION
It is not the same as the "Timeshare" which is a mechanism for owners that share their properties in different parts of the world, and in this case the condominium is a property you have in a place, which is managed by a firm, you can used for eight weeks and you pays.

Another advantage offered by this type of investment is that not only has access to property, but there is vested in the whole area, such as restaurants, beach club and all other amenities or facilities.

"This property benefits not just for your property, but you enter a hotel concept that will generate money. As an owner you have access to all hotel services, "said Parsons.

Consumption are made in the amenities are charged to the condo as if it were in a hotel, because although a particular property is actually owned by a hotel system and operates under the same conditions.

The property owner should call your manager like any customer, make your reservation, but with the difference that goes for your property.

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