Overview
- Property ID
- SD-0875
- Property Lot Size1,875,000 m2
Description
This beach lot is a true jewel in the area of El Limón, Samaná. With an extension of 3,675,000 m2, it offers ample space to develop a large-scale real estate mega project.
It is divided into 3 lots which would be the following
Land 1: 650,000 m2 -$40 US per m2 – 26,000,000.
Land 2: 1,350,000 – $65 US per m2 – 87,750,000.
Land 3: 1,675,000 – $35 US x m2 – 58,625,000.
The location of this land is privileged since it is located in a coastal area of great natural beauty. With miles of white sand beach and crystal clear waters, it is the perfect setting to create a luxury real estate development.
The breadth of the land allows the construction of a wide variety of facilities, such as villas, condominiums, hotels, and commercial and recreational areas, among others. In addition, the favorable topography of the land facilitates the planning and construction of a large-scale project.
The area of El Limón, Samaná, is known for its natural beauty and peaceful environment. Visitors and residents will be able to enjoy impressive views of the sea, water activities walks on the beach, and a direct connection with nature.
This beach lot offers a unique opportunity for those looking to invest in a mega real estate project in a prime location. If you have any other questions or need more information, I will be happy to help you.
Frequently asked questions
How much is Incredible development land opportunity for a mega tourism project?
Incredible development land opportunity for a mega tourism project is priced at USD $60,000,000.
What rental return can I expect from this property?
Projected rental revenue is around USD $0 per month, with an estimated monthly profit of about USD $0. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $600,000 and transfer/title tax USD $1,800,000. Ongoing annual property tax (IPI) is roughly USD $598,330. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.
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