I was walking by the New Garden a couple of days ago, and the El Paraiso building across the street is under reconstruction. I was told the owner of the New Garden had bought it.
Ten Year Member & Paid subscriber of I.S.O.C. & member of the Stash.
I was walking by the New Garden a couple of days ago, and the El Paraiso building across the street is under reconstruction. I was told the owner of the New Garden had bought it.
Board of Director
funny how a lot of places wi have frequented and made popular by spreading the word......
end up expanding....for good or worse......
Member
I read yesterday that the New Garden is for sale. Asking price $ 4 Million US Dollars!!! Any dreamers??
am retired and living in DR, CR or Thailand
Every thing in the DR is for sale...almost all ex-pat business owners list their business for sale quickly for an inflated price, hoping somebody with little to no knowledge swoops in and makes an offer!Originally Posted by captain69
I read yesterday that the New Garden is for sale. Asking price $ 4 Million US Dollars!!! Any dreamers??
Administrator
The New garden has Value. How much, its anyones guess.
You want access to trip reports?
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JDRent97@gmail.com
Ten Year I.S.O.C. Member
Between everyone on this site, we could raise $4 mil??
Administrator
The smart members here wouldn't go into business with 99% of the membership.
Member
Thanks! I'll pass on that investment oportunity.
Super Moderator
but why would we
if I wanted to retire and liquidate everything I have I could buy it at the actual cash value price not the inflated sucker price and then 'retire' to manage a hooker hotel,,,,,,,,,,,,,, and end up being an std infected drunk and loose everything in 4 years or less
whats the old saying;
want to have a small fortune in a 3rd world country ............ start with a large fortune
I think I have better ways to invest my money and actually earn a return on investment, but thanks anyway
you only live once, but if you live it right once is enough
B o D & Green since 03/01/2020, 01/05/2016
Administrator
The place was always clean and he was always around. Its a good place to stay.
Ten Year I.S.O.C. Member
I'm sure if they knew it was ISOC Corp making the purchase they would lower the price lol
Administrator
The place has a real value and the asking price.
If the asking price was 4,000,000 and the true Value was say $3,000,000. I am sure he would take an offer of $3,000,000. Just an example.
I know I would not want to put up with all the crap from mongers.
am retired and living in DR, CR or Thailand
Jimmy and ISOC blew that place up years ago when it was New Keti Hotel or something like that...
It came into play after the Palace...
Administrator
It was always the New Garden. We got there and he said every room but three were available.
Speaker Of The House
Uh oh!! Jimmy's the listing agent.
Speaker Of The House
Garden Keti...and the place ain't been the same since!
Administrator
Hotel sells out year round, it must be doing something right.Uh oh!! Jimmy's the listing agent.
Ten Year I.S.O.C. Member
My buddy tried to get a reservation there a few weeks ago but they emailed that they were sold out. However, when we got to Sosua they had rooms because of cancellations. My buddy had already booked Europa. New Garden has always been a good value in terms of the rooms, breakfast, and location. The one thing I like about NG is their consistency. You know what to expect. I don't see or hear regular complaints the way I do about other places. I know some folks don't like the frat type atmosphere that sometimes exist while others do.
Member
So, is Lorenzo the owner of the New Garden selling the place or expanding it?
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