Monte Cristi, Dominican Republic, null, DO

Description of the Property

Punta Presidente is 8,049,452.80 m2, or approximately 1989 acres of land. The north shore is ~5 linear miles of beachfront. The title is held by Promotora Noroestana de Desarollo Turistico, SRL - A Dominican Company with 35 years of good standing. There are no liens or encumbrances.

The entire northern shore of the peninsula is beachfront, which extends around the western tip of the property. The southern portion of land is surrounded by a mangrove forest and miles of estuaries that make up the “MonteCristi National Park”.

The MonteCristi National Park was decreed by executive order in the 1980’s, and congress formalized the park laws shortly thereafter. Titled owners of land were grandfathered and recognized as legal owners. Development is allowed with certain restrictions based on environmentally sound building principals.

Seven Brother’s Keys

The “Seven Brother’s Keys” are a group of Islands beginning a mile offshore of the property. The keys are surrounded by miles of coral reefs providing excellent diving opportunities. The remains of 400 known shipwrecks dating from the 16th to 19 th century are interred along their shores, and bits of pottery and wine bottles can be seen along the beaches.