Overview
- Property ID
- SL-1026
- Property Lot Size5,800 m2
Description
Located in the picturesque area of Abra Grande, this spacious development land offers a prime location with ocean views. Its setting provides easy access to essential amenities and services.
Spanning over 5,800 square meters, this land presents a remarkable opportunity for eco project or villas. Its size and strategic location make it an ideal choice for investors and developers looking to create a something unique in this coveted area.
Within reach of essential public services, including water and electricity, this property ensures convenience and practicality for any development. Its proximity to the city further enhances its appeal, offering accessibility to shopping, dining, and entertainment options.
With its ocean views and easy access, this land has immense potential to create beautiful villas and/or residential communities. Its location, size, and services present a lucrative investment opportunity for those seeking to capitalize on the growing demand in this desirable coastal region.
Don’t miss the opportunity to invest in this land that combines location, potential, and value in an attractive package. It offers the ideal canvas to turn your vision into reality.
About Abra Grande
Abra Grande is a hillside residential area in Las Terrenas' urban expansion zone, known for ocean-view villas, buildable land parcels and a peaceful suburban pace — all within minutes of Playa Cosón and the town center.
Frequently asked questions
How much is Land opportunity ideal for urban residential development project?
Land opportunity ideal for urban residential development project is priced at USD $630,000.
Where is Land opportunity ideal for urban residential development project located?
The property is in Abra Grande, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Abra Grande is a hillside residential area in Las Terrenas' urban expansion zone, known for ocean-view villas, buildable land parcels and a peaceful suburban pace — all within minutes of Playa Cosón and the town center. See all listings and a full neighbourhood guide on our Abra Grande area page.
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 $6,300 and transfer/title tax USD $18,900. Ongoing annual property tax (IPI) is roughly USD $4,630. 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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