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Caribbean Land Development
Date & Time Listed: 2012-10-27 22:46:08 (GMT)

Posted in Categories: Real Estate, Islands for Sale
Posted From: Dominican Republic, Puerto Plata, Puerto Plata

Ad Details:

A unique opportunity to purchase the "Miami Beach" of the Dominican Republic.
355+ acres / 1.44 million square meters â?? 4.4 Miles / 7.1KM Beach Front.
The property has been reduced from ~$18 Million Our property is priced at ~$10 per square meter, while the cheapest competitive property (with far less beach front) sells for $16,50 / sqm. This is a truly unique opportunity at a truly unique price! The property has been highlighted in many publications including the Luxist.
The owner inherited the property but is ready for retirement. This is your chance to purchase the property far below market value, develop it and receive an unheard return on invest. It is the current owners loss and the new owners gain...
Area Highlights
Zoned: Zoned for â??Tourismâ?, the official 2008 â??Tasacionâ? (appraisal) received the highest rating of 4: Excellent. Can also divide and sell individual lots.
Protected: Area is known as a â??hurricane holeâ? since a 10,000-foot mountain range to the southeast acts as a natural hurricane shield.
Airports: Less than 90 Minutes from 2 International Airports (Puerto Plata and Santiago).
Utility Access: Property is about 1/2 Mile (800 Meters) from the main road with utilities.
Local Business Development: The friendly township of La Isabella welcomes all tourist development and activities.
Tourism Highlights:
The federal government is actively supporting and encouraging tourism and commercial development in this area. Construction and the tourism market continue to increase tremendously every year. There are over 250 International flights to the DR every week.
Eco-Nature: Named the "Manatee Peninsula" due to the extensive lagoon filled with playful, gentle manatees.

Land, Caribbean, Devolopement, Domincan Republic, Tropical, Real Estate
For more details about this listing please click here to access the webpage provided by listing owner.

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