Premium land for large project with beach

El Limón, Las Terrenas

Features

• Oceanview
• Beachfront

Description

The property has an area of 463 Acres / 187.5 Hectares or 1.875.000 square meters of which 414 Acres / 167.5 Hectares correspond to plains and 49 Acres / 20 Hectares correspond to a series of first-line hills with gorgeous panoramic views of the Atlantic Ocean.

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 their titles completely 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 land of its kind for large commercial real estate development in this area.

SAMANÁ
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 works. Being connected to the main airports in the world by the international airport of El Catey, about 20 minutes from the land by car.

The sighting of humpback whales in their mating and birth period in Samana Bay is of 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 residence, providing a great culinary variety with exquisite restaurants and world-class food on the shores of its also beautiful beaches.
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Location

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El Limón

El Limón is a municipality located about 20 minutes by car from Las Terrenas and 10 minutes from El Portillo beach. This developing area has rich natural resources such as pristine beaches and beautiful rivers.

Financials

No content available.

Mngt Costs: $150

Monthly Profits: $-150

Legal Fees: $130,000

Transfer Fees: $390,000

Yearly Taxes: $128,600

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