Dave1967
Canadian looking for information about Dominican Republic
Forum posts
28
About me
Canadian
Registration: 15 August 2023
Activity
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@planner Some people are probably happy. Many have only 20% of the original purchase advanced. The current market price is substantially more for direct oceanfront units than they were in 2022. If and when it is delivered, I think it will have ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Wonderbread Hi Wonderbread, The developer is saying Sept 2028. So add 3 months grace period, rain delays, and any other reason that causes work to slow in the normal course of construction and you’re probably sometime in 2029. Yes, it ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@RockyM Noval has in online meetings presented documents that are supposed to be the environment permits. They have also distributed a communique to investors stating that all permits are in hand etc. The project has some redesigns from the ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Wonderbread All necessary permits have now been issued by Medio Ambiente and the developer proceeding with the project. Understand what you are getting into when investing in pre construction projects. Read More
Moving to Punta Cana with 2 kids from Canada by Kriss1989
We are considering moving to Punta Cana or Sosua. We have 2 kids (5 and 10). I don't think we will have an issue with the residency as we do have a property in Punta Cana and we do have our own business that allow us to WFH (in fact we are 100% ...
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The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@sgreen3737 Don’t be so defensive. This is not an argument. It’s a discussion forum. If i have upset you by asking you for clarity on something that you have written here then I apologize. But your point about Noval is still weak. ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@BettihoenmannSilver Beach, Las Terrenas Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@sgreen3737I asked you to provide more clarity on the point that you repeatedly make, that Noval is not a construction company, and how this is a significant point. You did not answer, but instead become indignant. Please make your point. ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@BettihoenmannYes the FB group still exists. If you're a buyer of Silver Beach you are welcome to join. Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Bettihoenmann Stopping payments is a good idea and the best you can do at this time. I was unable to do the same on the unit I purchased with Noval at the time. I was informed from Noval's recent zoom conference that they expect to start ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@sgreen3737yes, there is tremendous frustration of buyers in The Reef project. They deserve some explanation for the unacceptable circumstances that have unfolded, not to mention interest paid on the sums of money that Noval has ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@sgreen3737I agree with virtually all of the points presented in your post. It might be worth mentioning that with the “scamdemic” (pandemic) most likely had a significant impact on the timelines of the projects that were sold in 2019. ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Info1059 It appears as though the size of the property is 188,000 square metresTherefore this project would meet the zoning for number of bedrooms per hectare as per Resolucion 06/2011- Ministerio de Turismo DPP. It appears that you are ... Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Info 1059 How many hectares is the plot of land for The Reef project? Read More
The Reef Project in Playa Bonita by Yebel3
Does anyone know what is creating delays in the residential projects in playa bonita. Is it iack of permissions/ red tape/etc.? I was told that the Reef by Noval sold out over a year and 1/2 ago yet construction has not started. I am interested ...
@Jaqp84 There is nothing happening at The Reef property. I walked the accessible perimeter the other day.Join the Facebook group Silver Beach Las Terrenas to connect with others invested in The Reef and Silver Beach projects Read More