Dave1967
Canadian looking for information about Dominican Republic
Forum posts
33
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 ...
With respect to the above post.The poster has a personal agenda. He is looking to get out of his contract. He feels that because the SB project is behind schedule that this constitutes a breach, and feels that if he makes a big enough stink that ... Read More
Silver Beach Project by Bettihoenmann
Hi, I have invested in Noval Silver Beach. They started last year finally with the earth movements and preparation for the construction a lot of months ago. Since then no news. Anybody in the same situation and anybody knows everything new about ...
@Bettihoenmann Hi, Noval just sent an email update for Silver Beach. Check that they have your correct email address. 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 ...
@planner Ok, If the poster indicates interest I will DM them. Thanks 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 ...
@ExpatInDR DM me. I can direct you to a private group where there is a large number of investors in these projects. There you can present your concerns and discuss your plan of action with other investors. I agree with Planner. This is a public ... 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 ...
@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% ...
*** 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 ...
@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