1. Raajesh Sheth
Exquisite Properties
“Best Lifestyle Development of 2009”
Caribbean World Magazine
+91-(0) 9920667784
raajesh@exquisiteproperties.in
Where Luxury Meets Tranquility Exclusive Title
And Escrow Agent
http://www.exquisiteproperties.in
2. Cristal Beach Resort offers a a multi-venue restaurant and bar, live
unique lifestyle with a master plan. This entertainment, full maid services, business
Caribbean oasis allows you to rediscover the center, gourmet store and boutique, internet,
time to enjoy the best that life has to offer; cable and satellite and full concierge
time to reconnect with friends, time to forge services. Their goal is to provide all of the
new relationships, time to experience new owners and guests with a resort experience
cultures and time to become one with nature. that is unmatched in the Caribbean. Cristal
This private, gated community contains Beach Resort is truly “Paradise Found.”
The Soul &
spectacular oceanfront residences that blend The Story Behind
the unspoiled tropical surroundings, orchid The Vision
adorned cliffs and pristine beaches with world Unique in its design and concept, Cristal
class golf, spa, fitness, yoga, deep sea fishing, Beach Resort presents an opportunity that is
diving, snorkeling, dining and unrivaled absent in most full service resorts: exceptional
hospitality. Your place in the sun will afford value, income generation and unquestionable
you the kind of experiences that will engage appreciation. The pricing and CondoTel
and restore your mind, body and soul. The structure of the project offer each owner a
kind of experiences most only dream about! share in the monthly revenue of the entire
development and unlimited use of their titled
residence. Cristal Beach Resort is adjacent to
The first and only of its kind in the entire villa estates valued up to $30 million. The
Caribbean. The design and development team luxurious North Coast, specifically, the
of Cristal Beach Resort have seamlessly Cabrera area, has become one of the
blended the architectural influences of the country’s premier locations. The Robb Report
South of France and the Amalfi coast of Italy has deemed the Dominican Republic as the
with the exotic beauty of the Dominican “next and most sought after destination.”
Republic. Within this eclectic concept one Secure your “Place in the Sun” today, space is
will experience a remarkable tropical paradise limited and time is of the essence. Don’t let
featuring: voluminous, free flowing, fully your “Paradise Found” be just a dream, make
furnished suites and penthouses, amazing it a reality. Where Luxury
views, two spectacular infinity endless pools, Meets
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3. FACTS
1. Some of the world’s most prestigious developers and world renowned investors have spent or committed
billions of dollars into the North Coast.
2. President Fernandez has stated that he sees the North coast becoming the Monte Carlo of the Caribbean
and has taken initiatives to make foreign investment more lucrative and to improve infrastructure to
accommodate the huge surge in tourism.
3. The Dominican Republic is the most stable country in the Caribbean and Latin America, economically and About
politically. It is also one of the fastest growing Caribbean destinations.
4. The Robb Report names the Dominican Republic as the next “it” destination for years to come. In their Janu-
The Dominican
ary 2008 issue, they identified seven projects of which Cristal Beach Resort was recognized as best value.
Republic
5. It's a market that has yet to be discovered by the masses...The secret will be out soon.
6. Donald J. Trump, Westin Resorts, Ritz Carlton, Hilton and more.
7. The average hotel occupancy rate in the Dominican Republic has been 74%-in the last two years. Currently
there are only 70,000 hotel rooms in the DR, one quarter of what will be needed in the next 8 - 10 years to
accommodate the projected increase in tourist visits.
8. Dominican Republic appreciation rates have been 20% annually. Fast growing regions may see appreciation
rates as high as 50% in the coming years making it the highest return rates in the Caribbean. Real estate
analysts predict this trend will continue well into the next decade.
9. The Wall Street Journal magazine, Smart Money, features an article titled “At Home Abroad: International
real estate offers diversification without fear of bubbles.” and the NY Times “Family Destination of the Year:
Dominican Republic”
10. Resort real estate is one of the lowest risk, highest payoff investments available.
11. Golf Digest calls Playa Grande Golf Club the “ Pebble Beach of the Caribbean”
12. Aman Resorts, Dolphin Capital have taken a major stake in Playa Grande and are poised to develop another
major resort.
13. Bank account interest earned in the Dominican Republic is tax-free for both residents and non-residents
alike. You can earn up to 9% in U.S. dollar investments or up to 24% on deposits in the Dominican Peso.
14. “Now, upscale properties, an improved infrastructure, more direct flights, and a good dose of cash are
giving the D.R. new found cachet. Much of the buzz emanates from Playa Grande, a 2,000-acre enclave ear-
marked for future development by a group of New York glitterati—founding members include Richard
Meier, Alex von Furstenberg, Fareed Zakaria, and Moby. It already has a Robert Trent Jones-designed golf Where Luxury
course, and Four Seasons, Aman Resorts, and St. Regis are reportedly opening hotels–but not until 2009. In
the meantime, there are plenty of new boutique properties already drawing celebrities such as Bill Clinton, Meets
Penélope Cruz, and Uma Thurman” Conde Nast Traveler
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4.
5. A Five Star, 60 Unit,
Direct Ocean,
Luxury Condominium Hotel
EXECUTIVE FEATURES:
Pristine Private Beach
Panoramic Direct Ocean Views
Executive Level
Penthouse Suites
3 Bedroom Suites
2 Bedroom Suites
Luxuriously Furnished
2 Infinity
Resort Style Pools
Full Service Restaurant
And Bar
Fitness Center
Spa/Yoga/Pilates
Complete Concierge
Daily Maid Service
Championship Golf (minutes away)
Deep Sea Fishing
Scuba & Snorkeling
Surfing & Kite Boarding
Eco-tourism
Own Your Own Piece Of Paradise
Income Generation
CAPITAL APPRECIATION
Where Luxury
Meets
Tranquility
6. Championship Golf
PLAYA GRANDE GOLF COURSE
The “Pebble Beach” of the Caribbean.
Designed by Robert Trent Jones,
Golf Digest has called
this one of the world’s
most beautiful courses.
Winding along the
oceanfront cliffs of the
Atlantic, La Playa Grande is
a breathtaking, once in a
lifetime experience
for all!
Where Luxury
Meets
Tranquility
7. A Hop, Skip and a World Away...
Gregorio Luperon abrera
Puerto Plata
Airport
Location
El Catey Airport
Conveniently located and attracting culturally diverse visitors from around the world, Cristal Beach Resort sits high atop the cliffs overlooking the Atlantic Ocean. Cabrera is located on
the eastern end of the unspoiled North Coast of the Dominican Republic where the climate is referred to as “the endless summer”. Cabrera is considered one of the most beautiful and unspoiled
places in the Caribbean. There are 2 airports that will conveniently service Cristal Beach Resort. Gregorio Luperón International Airport (known as Puerto Plata Airport) is approximately 80 minutes
from Cristal Beach and is served by many of the world’s largest airlines. The newest international airport in the Dominican is called El Catey and is approximately 30 minutes from Cristal Beach.
Currently the El Catey airport services flights from Germany, Spain, Italy, Puerto Rico, and will begin continental U.S. flights with major airlines by the end of 2009. Also, the airports in Santiago,
and Santo Domingo are a little further away from Cristal Beach Resort but offer a wide range of international flights.This pristine oasis is home to some of the world’s most beautiful beaches, rivers,
exotic vegetation and many unique natural attractions. The area boasts spectacular private estates, tall coconut palms, crystal clear waters and countless coral formations and cliffs.
The natural cliffside entrance of Cristal Beach Resort leads to the exclusive powdery sand of Orchid Beach (Playa Caleton). This extremely private hideaway meanders along the breathtak- Where Luxury
ing Atlantic coast. Snorkel the reef, surf the waves or simply relax and rejuvenate as Cristal Beach Resort’s personal beachside service caters to your every need. For the ultimate in relaxation, a
soothing oceanside spa treatment can take you to new heights of peace and tranquility. Owner/guests will experience an unrivaled level of service, hospitality and comfort at Cristal Beach Resort Meets
while generating income and capital appreciation. Tranquility
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8. Watersports
The Dominican Republic is a
Mecca for exciting outdoor
activities.
Kite surfing, surfing,
deep sea fishing, scuba diving
and even whale watching
are all part of the
Cristal Beach experience!
Where Luxury
Meets
Tranquility
9. Ecotourism
The natural beauty and
tropical abundance of the
Dominican Republic offer
a rare opportunity to
experience caves, waterfalls,
rivers and an endless
variety of flora and fauna.
Your adventure awaits!
Where Luxury
Meets
Tranquility
20. Tasteful In every detail
and appointed with
modern amenities.
Owner/guest accommodations
are designed to bring comfort
and convenience to your
tropical oasis
Where Luxury
Meets
Tranquility
21. Sensuously elegant and comfortably
spacious, your guest rooms are
havens unto themselves.
Appointed with handcrafted
accents, each guest room offers
expansive views of the ocean
and a private balcony
to enjoy the ocean breezes
or watch the stars
dance over the
sparkling waters.
Where Luxury
Meets
Tranquility
22. Floor Plans
3rd Floor
2 Bedroom Penthouse
2,332 sq.ft.
3 Bedroom Penthouse
3,191 sq.ft.
EXECUTIVE AMENITIES
Award Winning
Design/Development Team
Luxuriously Furnished
Direct Ocean View Balconies
Additional Mountainview
Balconies
Elevators
Air Conditioned
Impeccable Craftsmanship
Custom Cabinetry
Imported Italian Granite
Countertops
Imported Tile Flooring
Throughout
Stainless Steel Appliances
Solid Wood Doors
Elaborate Trim Details
Cable/Satellite Connections
Telephone/Internet Connections
Where Luxury
Meets
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23. THE IRIS
2 Bedroom Penthouse Model
2,332 sq . ft. Where Luxury Meets Tranquility
25. Distinctive penthouse suites offer
an oversized floor plan replete with
voluminous quarters, free flowing
design and sprawling
oceanfront balconies.
Ideal for family gatherings,
entertaining and creating
lasting memories.
24 hour concierge
will be at your service to
see to your every desire.
Where Luxury
Meets
Tranquility
27. Every unit features a
private balcony with panoramic,
unobstructed views of the
ocean. Perfect for quiet
reflection and relaxation,
a drink with guests
or a romantic candlelit
rendevous.
Where Luxury
Meets
Tranquility
29. 1. Where is the project located?
Cristal Beach Resort is located on the luxurious North Coast of the Dominican Republic in the town of Cabrera in the province
of Maria Trinidad Sanchez.
2. What airports and airlines service this area?
There are 2 airports servicing Cristal Beach Resort. Gregorio Luperon International Airport (Known as Puerto Plata Airport) is
approximately 80 minutes from Cristal Beach Resort and is served by many of the world’s major airlines. The newest airport
in the Dominican Republic is called El Catey and is approximately 30 minutes from Cristal Beach Resort. Currently El Catey
airport services flights from Germany, Spain, Italy, Puerto Rico, and will begin continental U.S. Flights with major airlines by
the end of 2008. Additionally, the airports in Santiago and Santo Domingo are an alternative albeit further away.
3. What is the climate in this area of the Dominican Republic? Frequently
The Dominican Republic boasts beautiful tropical weather all year round, with the average annual temperature hovering
around 30°C (80°F). Some call the Dominican Republic’s climate, “the endless summer” due to warm and sunny conditions
, Asked
experienced almost everywhere in the country, all year round. The Robb Report, January, 2008, calls it “The next IT Destination”!
Questions
4. What activities are available in the area?
There are an abundance of activities in the area such as:
a. Golf- “The Pebble Beach Of The Caribbean” - Golf Digest - World championship golf at the Robert Trent Sr. course
Playa Grande, where 12 of the 18 holes on this championship golf course hover on the cliffs above the ocean.
b. Eco-Tourism - Adventure of exploring the flora and fauna of an unspoiled tropical environment.
c. Fishing - World class fishing for Dorado, Wahoo, Sailfish, Marlin, Tuna and more.
d. Rainforest - Horseback, camping, jeep safari and ATV riding in the rainforest.
e. Surfing - The area is known world wide for its wonderful surfing, especially kite and wind surfing.
f. Whale Watching - The North Coast is a direct migration path for the humpback whale.
g. Outdoor Activities - Activities such as hiking, mountain climbing - featuring Pico Duarte- the highest mountain
in the Caribbean, mountain biking, Kayak, canyon exploration, caving and white water rafting.
h. Scuba - Some of the world’s finest shipwrecks and cave diving along with a myriad of coral reefs and tropical
sea life.
i. Snorkeling - Some of the best snorkeling in the Caribbean is steps away from your condo.
5. Is it necessary to speak Spanish in the Dominican Republic?
While Spanish is the official language, English is widely spoken in many areas of the Dominican Republic. Also, our Concierge
Service will be offering beginner Spanish classes to those who are interested.
6. Do we have to furnish our unit?
No. The developer will furnish all units with executive level quality and designed furnishings. The kitchen, bathrooms and
bedrooms will all be fully fitted. This is included in the purchase price.
7. Will there be security?
While not necessary, Cristal Beach Resort is a fully gated community. Security guards will be on site 24 hours a day all year long.
Also a bilingual staff member will tend the reception desk 24/7 along with on site residential manager.
Where Luxury
8. Will there be an association?
There will be an association responsible for annual financial report, quarterly revenue distribution, presentation of annual Meets
budget, organization of annual share holders meeting, full accounting reports in USD, legal aspects and daily hotel operations. Tranquility
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31. Lawrence Citarelli Jr., President John Barbella, Art Director
Lawrence Citarelli Jr., the recipient of a Dominican Republic Congressional Award in John Barbella is an art director and publisher. As co-publisher of two magazines,
International Business by way of his untiring efforts politically and philanthropically, is he is well versed in all aspects of graphic design, web design and advertising. As
responsible for the business operations and development. His team of experts responsibili- an art director, Mr. Barbella has designed props for major motion pictures includ-
ties include but are not limited to; project concept, structure, design, sales & marketing, ing War of The Worlds, The Manchurian Candidate, The Departed and most
construction management, public relations, networking, efficiency and quality control. recently the remake of The Taking of Pelham 123, The Crazies and The Bounty
Mr. Citarelli brings degrees in Finance, Economics and Psychology combined with an Hunter. Mr. Barbella will be instrumental in overseeing all design aspects of
insatiable drive to raise the bar of success with each project. His background, replete with marketing tools and collateral and helping to make all advertising both strategic
over seventeen years of real estate acquisition, development and divestment experience and cost effective.
along with his contrarian and everyone wins mantra continues to receive accolades and
awe. In the past six years Mr. Citarelli has been the recipient of numerous awards and is Nicholas Vero, Architects & Interior Edge
recognized as one of the premier design/builders in the world famous “Hamptons” area of The concept and design of Cristal Beach Resort is under the direction of The Talent
Eastern Long Island. Lawrence Citarelli brings a world of knowledge, experience and Lawrence Citarelli Jr. with architecture by Nicholas Vero. Mr. Vero is renowned
inexhaustible energy to every project. The Cristal Beach Project will, undoubtedly,
become the premier destination on the luxurious North Coast.
on the East End of Long Island and has designed many spectacular, award
winning projects and estates. The Vero group continues to receive accolades for
Behind The
Thomas J Duffy, Chief Financial Officer
architecture and has become one of the most sought after architectural firms in
the Hamptons. The combination of Mr. Citarelli and Mr. Vero will bring an Vision
unrivaled wealth of talent and creativity to the Cristal Beach Resort project.
Thomas Duffy has a proven track record as a top executive and leader. Over the last 15
Interior Edge, is at the forefront of luxury interior design. They have created
years he has built a multi-billion dollar licensing, sponsorship and marketing business for
interiors in many multi million dollar homes and will bring creative flair to the
the most recognizable sports franchise in the world, Major League Baseball Properties.
overall elegance and level of luxury that will be the hallmark of Cristal Beach
Hired by Commissioner Fay Vincent and Deputy Commissioner Steve Greenberg in 1990
Resort.
as Controller, Thomas quickly led Major League Baseball into a renaissance through an
overhaul and restructuring of the business. Moreover, he has irrefutable success and
continues to develop his leadership abilities in the private equity arena. Thomas has Phillippi Sparks, Senior Vice President
created and negotiated some of the most creative and dynamic marketing and finance He was educated at Arizona State University, where he was a member of the
deals in the sports, business and entertainment industries. Sigma Chi fraternity. After college, Phillippi was drafted by the New York Giants
Presently Mr. Duffy dossier is as follows; as the 13th pick in the second round of the 1992 NFL Draft. He played left
• Golden Gate Capital Investment Group June 2000 - Present cornerback opposite Jason Sehorn for six years and formed a talented defensive
Managed several interrelated companies (Music Nation, BigNet Holdings, MusicVision) backfield tandem. He played for the Giants until 1999. In 2000, he was signed
under the guidance of Golden Gate Capital, a $750M private equity firm. My responsi- by the Dallas Cowboys. Sparks announced his retirement on August 28, 2001
bilities include finding and evaluating investment opportunities in the media, telecom- having played for nine seasons. He is the father of son Phillippi Jr. and daughter
munication, information services and consumer products sector. Jordin, a pop/R&B international superstar singer, Grammy nominated and the
• Music Nation, LLC CEO, Board of Directors April 2002 – Present Music Nation winner of the sixth season of American Idol in 2007. Mr. Sparks brings a wealth
is a digital rights company specializing in telecommunications and internet connectivity of sales and business knowledge as well as the discipline and determination of a
service that owns proprietary relationships with top blue chip companies. Its main world class athlete.
function is to build a subscription based digital rights business and develop new revenue
streams for today’s top recording artists. Digital rights include wireless telecommunica- Fidelity National Title Insurance Company
tions (mobile phones), internet connectivity and international calling cards. With origins that can be traced back 150 years, Fidelity National Title Insurance
Company, through its underwriting subsidiaries, is one of the world’s premier real
Franc Ortega Asociados, S.A., Architect estate service companies, providing title insurance and other real estate-related
Franc Ortega Asociados, S.A. from Santo Domingo. It is a highly regarded firm having products and services. At Fidelity, commitment is not just a word--it's a convic-
created many similar projects in Casa de Campo, Cap Cana, Bavaro and Santo tion. We take pride in our desire to serve our customers to the best of our ability.
Domingo.Mr Ortega will be converting the drawings and designs of Larry Citarelli, Jr and The quality of Fidelity's customer service and the level of employee loyalty and
Nicholas Vero to conform with all specifications required in the Dominican Republic commitment are enhanced by our employee stock ownership. Stock ownership
while providing invaluable assistance by integrated the beauty of this spectacular island serves as a motivational force for Fidelity employees who recognize the
nation to the project. Company's success is dependent upon their efforts and contributions.
Where Luxury
Meets
Tranquility