Premium land for large project with beach

El Limón

Features

• Oceanview
• Beachfront

Description

The property covers 1M square meters or 247 Acres.

It has a beachfront of approximately 2.900 feet / 875 linear meters. There is a rocky island in front of the land called "Cayo Limon," which measures about 148 Acres / 60 hectares.

The property has permits to use that island for visits and possible tourist exploitation.

The property has all its areas duly demarcated and the main title is free of encumbrances, information that can be verified in the registry of titles of the province of Samaná and the City of Santo Domingo.

One of the last pieces of land available in this area for large commercial real estate development.

The Samaná Peninsula, located in the northeast of the Dominican Republic, has been blessed with exuberant natural beauty as well as modern road and air infrastructure. It is connected to the main airports in the world by the international airport of El Catey, about 20 minutes from land by car.

The sighting of humpback whales in their mating and birth period in Samana Bay is a great attraction worldwide, where organized tourist excursions make it easy to observe this event up close.

10 kilometers from the property is the tourist town of Las Terrenas, a cosmopolitan place where French, Italian, Spanish, and North American citizens have established their residences, providing a great culinary variety with exquisite restaurants and world-class food on the shores of its beautiful beaches.

Adjacent to the property, several smaller parcels are available for purchase through different sellers.
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Location

Financials

No content available.

Mngt Costs: US$150

Legal Fees: US$600,000

Transfer Fees: US$1,800,000

Yearly Taxes: US$598,330

This listing

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Market Price / SQM: US$2,099

Market ROI: US$6

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