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Samaná Village Mall is a modest open-air shopping center located in Santa Bárbara de Samaná, Dominican Republic, a coastal town in Samaná Province with a population of approximately 12,000 residents. Opened in the mid-2010s, it spans about 10,000 square meters and features around 30 tenants, primarily local retailers and service providers. The tenant mix includes a supermarket, pharmacy, clothing stores, electronics outlets, and casual dining options such as fast-food chains and seafood eateries, catering to both local residents and seasonal tourists drawn to the areas renowned whale-watching and beaches.

Market position-wise, it serves as the primary retail hub for the town, benefiting from proximity to the Malecon waterfront and key tourist sites, though it faces challenges from the regions tourism seasonality, with peak footfall during January to March whale season.

Occupancy rates hover around 85-90% according to local commercial reports, supported by affordable base rents averaging USD 15-20 per square meter monthly, lower than urban centers like Santo Domingo.

Accessibility is facilitated by the towns main avenue, Avenida Marina, with ample parking for 200 vehicles, but public transport is limited to guaguas (minibuses) and taxis.

Demographic profile includes middle-income locals in tourism and fishing sectors, supplemented by international visitors from North America and Europe.

Leasing advantages include flexible terms for small-format retailers, potential for pop-up tourist-oriented kiosks, and growth tied to infrastructure improvements like the expanded Samaná-El Catey Airport. However, drawbacks encompass vulnerability to hurricane seasons and competition from informal street vendors.

Overall, it offers stable local trade with upside from eco-tourism expansion, as noted in Dominican Republic Tourism Board reports.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Avenida de la Marina, Santa Bárbara De Samaná, Dominican Republic

Insights

Demographics and Footfall

The primary catchment area encompasses Santa Bárbara de Samaná and surrounding villages, with a resident population of 12,000 featuring a median age of 28 and household incomes averaging USD 500 monthly, per INDEC national census data. Footfall estimates reach 5,000-7,000 visitors weekly during off-peak, surging to 15,000 in high season, driven by 200,000 annual tourists to the province. This mix supports everyday retail but limits luxury segment viability, with 60% local shoppers and 40% tourists seeking souvenirs and convenience items. Risks include economic reliance on tourism, which dropped 30% post-COVID per WTTC reports, affecting consistent traffic.

Accessibility and Infrastructure

Situated on Avenida de la Marina, the mall is 5 minutes from the town center and 90 minutes from El Catey International Airport via Highway 5. It offers free parking for 200 cars and pedestrian access from nearby hotels, but lacks direct bus routes, relying on informal taxis costing USD 2-5 per ride. Infrastructure is functional yet aging, with occasional power outages noted in local utility reports; recent upgrades include solar panels for sustainability. Challenges involve narrow access roads prone to flooding during rainy seasons (May-November), potentially reducing accessibility by 20%, as per regional climate assessments.

Competition and Market Saturation

Competition is low within Santa Bárbara, with main rivals being informal markets and Plaza Pueblo Príncipe, a smaller plaza 1 km away offering similar local goods. Regional saturation is minimal compared to Punta Cana, but proximity to Las Terrenas (45 minutes away) with larger centers like Plaza Rosada draws higher-end shoppers. Tenant mix avoids oversaturation in groceries (one anchor) and fashion, focusing on underserved categories like eco-friendly products. Market reports from Colliers International highlight 10% annual retail growth in Samaná, but warn of 15% vacancy risks from e-commerce rise and post-pandemic shifts, advising diversified leasing to mitigate.

Building Details

Property Type
Neighborhood
Gross Leasable Area
4000
Year Built
2015
Parking Spaces
500
Average Monthly Footfall
41,667
Owner
Private Local Owner
Anchor Tenants
Local Supermarket, Souvenir Shops

Detailed Market Analytics

Primary Catchment Area
10 km
Secondary Catchment Area
30 km
Catchment area population
50,000 People
Population growth rate
1.5 %
Median age
25 Years
Household size
3.2 Persons
Education level (tertiary)
20.0 %

Median household income
25,000 USD
Unemployment rate
6.0 %
Cost of living index
70 Index (US=100)

Retail spending per capita
6,900 USD per year
Spending on apparel
690 USD per year
Spending on groceries
1,380 USD per year
Spending on electronics
345 USD per year

Annual foot traffic
500,000 Visitors
Dwell time
60 Minutes
Conversion rate
20.0 %
Sales per square meter
5,000 USD per year

Number of retail stores
25 Stores
Anchor tenant presence
Yes Presence
Competitor density (same category)
Low Density
Tenant diversity
Medium Diversity
Unique Concepts
Tourist shops and local crafts Concepts

Gross Leasable Area
4,000 sqm
Number of Levels
1 Levels
Average rent per square meter
45 USD per year
Vacancy rate
5.0 %
Lease term flexibility
Standard 5 years Terms
Available retail space
500 SQM

Proximity to main roads
Direct access Access
Public transport access
Moderate Access
Parking spaces
500 Spaces
Pedestrian traffic
Medium Traffic

E-commerce competition
High Competition
Click-and-collect adoption
30.0 %
Internet penetration
70.0 %

Retail crime rate
Low Rate
Security measures
CCTV and guards Measures

Promotional events
Quarterly Events
Loyalty program penetration
20.0 %
Digital signage presence
Yes Presence

Projected foot traffic growth
5.0 %
New tenant pipeline
5 Tenants
Mall expansion plans
nan Plans
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Santa Bárbara De Samaná

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Santa Bárbara De Samaná

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