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18 Acres Beach Front Land - Developer Opportunity! Cabarete ( Puerto Plata, DO - 57000) Built

$4,500,000 USD
Developer Opportunity!

Remax Ocean Side Team

Joanne Hammond Joanne Hammond 1-829-648-4141 (Office) 809-571-9990 (Office) 1-829-648-4141 (Cell) Request More Info

  • Incredible Beach Land
  • Type: Commercial
  • Style: Lot / Land
  • Size: 72,000 sq. ft.
  • Development Level: Built
  • MLS #: LL05-X45

Description

THE LISTING PRICE ON THIS PROPERTY HAS JUST BEEN HALVED FOR A QUICK SALE - DO NOT WAIT!

Located only 10 minutes from the Puerto Plata International airport. The property is 72,000m2 (18.5 acres) with 60 linear meters (200 feet) of ocean frontage on the secluded El Encuentro surfing beach. Encuentro Beach is an isolated stretch of beach located between the popular tourist towns of Sosúa and Cabarete.

The property contains a partially built beach resort (approximately 50% complete) and is made up of 412 residential condos and 31 commercial units. The structure is sound. It will take in the range of $13MM to complete to "turnkey". This is an incredible ROI!!

Contact us today for a full information package.

Attachments

P2#301266156
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