$40,000,000

Description

121 acres (490.884 square meters) of pristine Beachfront Development Property for sale.

This beachfront development property could become the most exclusive gated community on the North Coast.

This magical piece of land is situated right on the beach of Cabarete and is a spectacular unspoiled stretch of beach real estate on the north coast of the Dominican Republic.

This oceanfront site includes 450 meters of beautiful beach and 200 meters of rock frontage and is one of the largest undeveloped properties in the area. Furthermore 250 meters of frontage on the main coastal highway.

Known in the international surfing community as the world-class surfing spot and conveniently situated only 10 miles from the Puerto Plata International Airport.

The property is located close to Cabarete and the world-famous surf beach El Encuentro. It is conveniently situated only 10 miles from the Puerto Plata International Airport.

The beachfront development property has both a magnificent view of the sea and of the distant hills as well. Large development possibilities like this are very hard to find and this one is special in every way.

This land has incredible potential for a hotel, subdivision project, or apartment project. The parcel is located directly on the main road with full access to the beach and is situated in one of the most prestigious areas of the North Coast. An absolutely incredible find, more than 121 acres of beautiful land that stretches from the main road all the way to the beach. Never developed and totally pristine with magnificent views of the sea and mountains.

The property has now been subdivided into seven (7) parcels that average five (5) hectares each and a commercial area of approximately two (2) hectares which are located beside the EBC entrance on the North Coast Highway.

The whole land is available for US$ 40.000.000

Individual parcels are listed as follows:
1.) 33,000 square meters, US$ 80, total US$ 2,640,000
2.) 44,000 square meters, US$ 86, total US$ 3,784,000
3.) 50,000 square meters, US$ 126, total US$ 6,300,000
4.) 53,000 square meters, US$ 102, total US$ 5.450.000
5.) 52,000 square meters, US$ 270, total US$ 14,040,000
6.) 56,000 square meters, US$ 310, total US$ 17,360,000
7.) 52,400 square meters, US$ 305, total US$ 15,982,000

Beachfront Development Land

Features:
* Beachfront
* Beachfront Development Property
* Beachfront Property
* Development Land
* Investment Land
* Near Golf
* Near Medical Facilities
* Near Schools
* Near Shopping
* Ocean Views
* Oceanfront Property
* Sea View

This style property is located in is currently Investment Properties and has been listed on Select Caribbean Properties. This property is listed at $ 40,000,000.00. It has bedrooms, bathrooms, and is . The property was built in year.

Amenities

• Property Type: Residential For Sale
• MLS: 16369-48763
• Web ID: DVHBRR
• Status: Available

Area Detailed Information