Project for the construction of Eco-Resort and Residences complex. Gaspar Hernandez, D.R.
The site covers about 26 hectares and boasts 600 metres of beachfront.
It is projected the construction of 26 bungalows and an eco-hotel with 540 beds including reception, beach bar, bungalows bar, restaurants, boutiques, 3 tennis course, others.
The resort will be located in a very deluxe setting. The Rio Joba runs through the site and the plant life, which includes jungle, coconut
trees and mangrove swamps, is extremely abundant and varied.
The resort is designed to be a place for contemplation and escape, whether private or shared. Devoted to leisure, it will help guests achieve
a certain balance, a connection with the environment, through a prevailing sense of well being and modernity.
The site’s exceptional nature setting inspired the two main themes of the concept:
– Modern architecture that is based on the indigenous style and that
respects the natural environment.
– Activities focused on nature and well being.
In this spirit, some reflection must be given to: – The autonomy of the resort (self-contained)
– Energy choices (windmill, generator)
– Waste recycling and water supply
– Anticyclone requirements.
Opportunity:
Elegible to be granted with the most important item of legislation in the Dominican Republic tourism sector, Law 158-01, on the promotion of tourist development for new or low development locations.
Under this law, the following incentives have been established, for 15 years:
- 100% exemption from the payment of income tax, incorporation tax, tax due to capital increase;
- 100% exemption from property transfer tax – (only to first buyers of the project) and tax applicable to luxury real estate;
- 100% exemption from any taxes, charges, or fees that may apply when importing machines, equipment, materials and personal property for use in construction, or that may be classified as the initial equipment to be used to commence the operations of the tourist facility;
- Investors are able to deduct their investments from their net taxable income.