We intend to create the absolute best “Beach & Park Resort” under the circumstances, something that will set this project apart and makes it one of the most desirable places in the Caribbean!
PALACE-iConsulting.com
Goodland Business-Vision
Our Visions and Goals for what “Goodland” will be in the future. It is the formal way of communicating it to others.
PALACE-iConsulting.com
Goodland
“Goodland” is a magnificent 120 acre [ 480,000 m2 ] parcel with over 2300 ft [700 m] Beach Front situated in Cabarete in the Province Puerto Plata on the North Coast of the Dominican Republic.
Table of Contents
Executive Summary
1) Place
2) Product
3) Price
4) Promotion
5) Goodland vs. Competition
6) Financial Plan
1) Place
2) Product
3) Price
4) Promotion
5) Goodland vs. Competition
6) Financial Plan
Executive Summary
We seek funds
for the acquisition of “GOODLAND” a 120 acres [480,000 m2] / 2,300 ft [700m] beach front land on the North Coast of the Dominican Republic.
for the development of a high class luxurious “Condo Beach & Park Resort” with 7 exclusive beach front villas, 352 luxurious apartments, 44 penthouses and 60 park villas
for a small city lifestyle center with over 5000 m2 space for commercial units, 40 city studios and 20 city homes, with restaurants/cafes and different facilities for activities, arts, training, entertainment , wellness, health & rejuvenation.
The resort is specializing in providing residencies, vacation, recreation, relaxation, wellness & health, rejuvenation, education, conferences, congresses, events, entertainment, arts, sports and other activities .
Hotel guests, owners and their friends and families can choose of an array of possible activities and have an infra structure available in a closeness not found in many places in the Dominican Republic and around the World.
“GOODLAND” is within a popular, fast growing tourism area with daily flights from the USA, Canada and Europe and it’s closeness to the big Dominican cities Santiago and Santo Domingo.
We intend to create the absolute best “Beach & Park Resort” under the circumstances, something that will set this project apart and makes it one of the most desirable places in the Caribbean!
Profitability of the operation and social, environmental & cultural consciousness are a priority. We have a vision of creating a beautiful resort and community which can work together with other communities in the area.
The uniqueness of the property and the quality of the resort created with exquisite good taste and sensitivity and managed the same shall fill a niche not presently available on the North Coast and will be the basis for a highly profitable venture with an excellent ROI and will set us apart.
With the talent and expertise now assembling itself in anticipation of this project, we are confident in our ability to execute this.
Whether purchasers intend to use their condominium as a full- or part-time personal residence or rent his unit to vacationers, in the current climate they can expect the property to appreciate in both sales price and rental rates.
We anticipate full sell-out to require 9 years, approximately the same length of time that will be required for full completion of the construction project.
The overall financial landscape is very attractive:
We expect to realize an overall profit of $ 200,000,000, which, if discounted with 10% would give us a NPV of 100,000,000
We need a loan for the purchase of the land of $ 20,000,000 and an additional credit limit for construction with an upper limit of $10,000,000.
for the acquisition of “GOODLAND” a 120 acres [480,000 m2] / 2,300 ft [700m] beach front land on the North Coast of the Dominican Republic.
for the development of a high class luxurious “Condo Beach & Park Resort” with 7 exclusive beach front villas, 352 luxurious apartments, 44 penthouses and 60 park villas
for a small city lifestyle center with over 5000 m2 space for commercial units, 40 city studios and 20 city homes, with restaurants/cafes and different facilities for activities, arts, training, entertainment , wellness, health & rejuvenation.
The resort is specializing in providing residencies, vacation, recreation, relaxation, wellness & health, rejuvenation, education, conferences, congresses, events, entertainment, arts, sports and other activities .
Hotel guests, owners and their friends and families can choose of an array of possible activities and have an infra structure available in a closeness not found in many places in the Dominican Republic and around the World.
“GOODLAND” is within a popular, fast growing tourism area with daily flights from the USA, Canada and Europe and it’s closeness to the big Dominican cities Santiago and Santo Domingo.
We intend to create the absolute best “Beach & Park Resort” under the circumstances, something that will set this project apart and makes it one of the most desirable places in the Caribbean!
Profitability of the operation and social, environmental & cultural consciousness are a priority. We have a vision of creating a beautiful resort and community which can work together with other communities in the area.
The uniqueness of the property and the quality of the resort created with exquisite good taste and sensitivity and managed the same shall fill a niche not presently available on the North Coast and will be the basis for a highly profitable venture with an excellent ROI and will set us apart.
With the talent and expertise now assembling itself in anticipation of this project, we are confident in our ability to execute this.
Whether purchasers intend to use their condominium as a full- or part-time personal residence or rent his unit to vacationers, in the current climate they can expect the property to appreciate in both sales price and rental rates.
We anticipate full sell-out to require 9 years, approximately the same length of time that will be required for full completion of the construction project.
The overall financial landscape is very attractive:
We expect to realize an overall profit of $ 200,000,000, which, if discounted with 10% would give us a NPV of 100,000,000
We need a loan for the purchase of the land of $ 20,000,000 and an additional credit limit for construction with an upper limit of $10,000,000.
The figures are based on the Pre-Pandemic situation. The North Coast of the Dominican is booming in the meantime so the figures above are very conservative.
1) PLACE: Location, Location, Location
"GOODLAND": Best Location on North Coast of the Dominican Republic
“Goodland” is a magnificent 120 acre [ 480,000 m2 ] parcel with over 2300 ft [700 m] Beach Front situated in Cabarete in the Province Puerto Plata on the North Coast of the Dominican Republic.
PALACE-iConsulting.com
ROADS BUSES
5 minutes to Cabarete & Sosua
30 minutes to Puerto Plata
90 minutes to Santiago, 45 minutes with the “Amber Highway”
3 hours to Santo Domingo, 2 hours with the “Amber Highway”
3 hours to Santo Domingo, 2 hours with the “Amber Highway”
INTERNATIONAL AIRPORTS
Gregorio Luperón International Airport POP:
within 20 minutes
Cibao International Airport STI:
within 90 minutes, within 45 minutes with the “Amber Highway”
within 20 minutes
Cibao International Airport STI:
within 90 minutes, within 45 minutes with the “Amber Highway”
2) PRODUCT: high Quality, low Cost
Vision: on the grounds of the resort, “Lush tropical parks & gardens, soothing waterfalls and spacious balconies and terraces provide property enhancements that are luxurious and comfortable,
reflecting a beautiful design that pampers residents.”
PALACE-iConsulting.com
BUILDINGS
All buildings will be created with high quality and exquisite good taste and sensitivity and, at the same time
taking future operations & maintenance cost into account.
PALACE-iConsulting.com
Electricity Efficiency:
Space feeling with oversized balconies & terraces versus “closed = indoor” space. Roof gardens to insulate sun radiation, Insulation windows and doors etc
Cost: high quality at low cost:
using 22 standard blocks [economy of scale] for the apartments and the penthouses and modular construction of all the other buildings
rigid cost controlling system:
The assumptions made for “the Financial Plan” concerning “cost” for the “Goodland” project are conservative.
Style, Feeling:
The buildings will perfectly complement the beautiful landscaping design! Style: modern, light, tropical, a lot of plants & trees, priority are views. We will not maximize density and not use possible full IUS in order to increase the Tropical Beach Park feeling & experience !
Timing: We anticipate full sell-out to require 9 years, approximately the same length of time that will be required for full completion of the construction project.
Space feeling with oversized balconies & terraces versus “closed = indoor” space. Roof gardens to insulate sun radiation, Insulation windows and doors etc
Cost: high quality at low cost:
using 22 standard blocks [economy of scale] for the apartments and the penthouses and modular construction of all the other buildings
rigid cost controlling system:
The assumptions made for “the Financial Plan” concerning “cost” for the “Goodland” project are conservative.
Style, Feeling:
The buildings will perfectly complement the beautiful landscaping design! Style: modern, light, tropical, a lot of plants & trees, priority are views. We will not maximize density and not use possible full IUS in order to increase the Tropical Beach Park feeling & experience !
Timing: We anticipate full sell-out to require 9 years, approximately the same length of time that will be required for full completion of the construction project.
We intend to build:
288 Beach Front Apartments
32 each Front Penthouses
120 Ocean & Park View Apartments
32 each Front Penthouses
120 Ocean & Park View Apartments
60 Park Villas with Park View and pools
1 Resort Reception, Administration & Maintenance Building ADM next to Park-City
1 Beach Club direct on the beach with pools, a lot of palm trees and all necessary facilities
10 Restaurants Res. 3 on the Beach, 1 on the top of our hill with panoramic Ocean & Park View, and 6 in Park-City
1 Children Playground,
several Activity Facilities
1 Beach Club direct on the beach with pools, a lot of palm trees and all necessary facilities
10 Restaurants Res. 3 on the Beach, 1 on the top of our hill with panoramic Ocean & Park View, and 6 in Park-City
1 Children Playground,
several Activity Facilities
6 “City Buildings”
for spas, wellness & health, rejuvenation, education, medical emergencies, art gallery, museum, fashion stores, restaurants, entertainment, game rooms, etc
1 Multi Use Building for conferences, congresses, company events, spiritual services, weddings, exhibitions, education, etc.
1 Water Tower on the Hill: to avoid many water pumps, safing electricity and increasing security of water supply. A panoramic 360 degrees restaurant will be integrated.
1 Multi Use Building for conferences, congresses, company events, spiritual services, weddings, exhibitions, education, etc.
1 Water Tower on the Hill: to avoid many water pumps, safing electricity and increasing security of water supply. A panoramic 360 degrees restaurant will be integrated.
PARK-CITY
A) Cabarete and Sosua are in need of more places for shopping, strolling, meeting people, entertainment etc. in comfort [ parking next to shops and restaurants, valet services ]
B) We want to avoid to create the “boredom” of residential developments like the Sea Horse Ranch.
We decided to build a small, exiting “Downtown Goodland”, called Park-City, with commercial units and city buildings, all surrounded by our tropical parks. Park-City will be an attraction for the Goodland Resort and the whole Cabarete/Sosua area.
“classy restaurants, art galleries, shops and boutiques like “Panama Jack franchise”, education, local museum, entertainment, spiritual services, smaller congresses , tech center with incubator, health & wellness etc.”
Style: modern, glass, green flat roofs...as contrast to the surrounding parks. The attractive Park-City will add value to the whole resort!
A) Cabarete and Sosua are in need of more places for shopping, strolling, meeting people, entertainment etc. in comfort [ parking next to shops and restaurants, valet services ]
B) We want to avoid to create the “boredom” of residential developments like the Sea Horse Ranch.
We decided to build a small, exiting “Downtown Goodland”, called Park-City, with commercial units and city buildings, all surrounded by our tropical parks. Park-City will be an attraction for the Goodland Resort and the whole Cabarete/Sosua area.
“classy restaurants, art galleries, shops and boutiques like “Panama Jack franchise”, education, local museum, entertainment, spiritual services, smaller congresses , tech center with incubator, health & wellness etc.”
Style: modern, glass, green flat roofs...as contrast to the surrounding parks. The attractive Park-City will add value to the whole resort!
3) PRICE: conservative assumptions
The assumptions made for “the Financial Plan” concerning pricing for “the Goodland” Project are conservative, taken Location, Quality, Competition, Management, Amenities, Services of “Goodland” into account.
Prices are 2-3 x higher in most of the foreign, competing markets! & ~ 20% lower then others in Cabarete .
The figures are based on the Pre-Pandemic situation. The North Coast of the Dominican is booming in the meantime so the figures used in the Financial Plan are very conservative.
The figures are based on the Pre-Pandemic situation. The North Coast of the Dominican is booming in the meantime so the figures used in the Financial Plan are very conservative.
4) PROMOTION: aggressively, 3 percent of sales
The developer of The “Goodland” will promote aggressively throughout the entire construction period to
average 3 percent of sales.
PALACE-iConsulting.com
Advertising & Promotion will take place in the main Market Areas
5) “GOODLAND” versus COMPETITION
LOCATION “GOODLAND” vs COMPETITION
Compared to other Projects on the North Coast, Dom.Rep., Caribbean and Florida...
PALACE-iConsulting.com
Compared to other Projects on the North Coast, Dom.Rep., Caribbean and Florida
Hotel guests, owners and their friends and families can choose of an array of possible activities and have an infra structure available, in a closeness not found in many places in the Dominican Republic and around the world!
èWe compare well with 2 International Airports, one 20 minutes, the other 90 minutes away form GDL, and excellent road bus and local flight connections. The Dom.Rep. has 8 Internationally well connected airports.
èWe compare well with 2 International Airports, one 20 minutes, the other 90 minutes away form GDL, and excellent road bus and local flight connections. The Dom.Rep. has 8 Internationally well connected airports.
Main characteristics of the Dominican Republic are, compared to other destinations:
èFriendliness of the population èPolitical stability èCurrency stability èAccessibility, central location, 8 International Airports èGreat supply of healthy agricultural products.
The Dom.Rep. exports agricultural product to The Bahamas & Caribbean Countries
èFriendliness of the population èPolitical stability èCurrency stability èAccessibility, central location, 8 International Airports èGreat supply of healthy agricultural products.
The Dom.Rep. exports agricultural product to The Bahamas & Caribbean Countries
PRODUCT QUALITY vs COMPETITION
GOAL: Quality level of “Fisher Island” in Miami
Challenge: to bring great Hospitality Managers to live in Cabarete/Sosua/Puerto Plata. The Attractivity & Infrastructure of the area with a lot of ex patriots should make it easier. The educational program will help us to build Local leaders for the future.
è The quality and services of “Goodland” will distinct us from our competition.
è The quality and services of “Goodland” will distinct us from our competition.
PRICES vs COMPETITION
è The assumptions made for “the Financial Plan” concerning pricing for “the Goodland” Project are conservative and competitive taken into account: Location: Quality, Competition, Management, Amenities & Services of “Goodland” GDL.
è Prices are 2 -3 x higher in most of the competing markets
è Prices are 2 -3 x higher in most of the competing markets
PROMOTION vs COMPETITION
The developer of The “Goodland” will promote aggressively throughout the entire construction period to
average 3 percent of sales.
PALACE-iConsulting.com
6) Financial Plan
GLOSSARY:
Value Growth on North Coast of the Dominican Republic
💥Vice President Raquel Peña said that the government has proposed revitalizing tourism in Puerto Plata and throughout Cibao through the “Master Plan for Tourism and Economic Development” of the northern region, which includes the execution of more than 40 projects.
Vice President Raquel Peña
INVEST in North Coast of the Dominican Republic
💥Vice President Raquel Peña said that the government has proposed revitalizing tourism in Puerto Plata and throughout Cibao through the “Master Plan for Tourism and Economic Development” of the northern region, which includes the execution of more than 40 projects.
Vice President Raquel Peña