Premium land for large project with beach

$60,000,000
El Limón

Overview

  • Property ID
  • SD-0014
  • Property Lot Size1,000,000 m2

Description

The property covers 1M square meters or 247 Acres. 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 the main title is 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 pieces of land available in this area for large commercial real estate development. 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. It is connected to the main airports in the world by the international airport of El Catey, about 20 minutes from land by car. The sighting of humpback whales in their mating and birth period in Samana Bay is a 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 residences, providing a great culinary variety with exquisite restaurants and world-class food on the shores of its beautiful beaches. Adjacent to the property, several smaller parcels are available for purchase through different sellers.

Other Features
Beachfront
Ocean view

Property Id: 2833821
Price: $60,000,000
Property Lot Size: 1,000,000 m2
Property ID: SD-0014
Est Monthly Management Costs: USD $150
Transfer fees: USD $1,800,000
Yearly Taxes: USD $598,180

Frequently asked questions

How much is Premium land for large project with beach?

Premium land for large project with beach is priced at USD $60,000,000.

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 $598,180. 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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