A beautiful hill ready for development

Abra Grande

Features

• Oceanview

Description

This real estate development is in a gated community with mature gardens offering spectacular ocean and mountain views in one of the most attractive surroundings ready for future investors. The development is spread over 41,000 m2 and divided into 25 lots for villas and apartments or condominiums. Two luxury affordable villas are already completed and included within the sale of the development.

The project offers direct access to the newly constructed highway linking Santo Domingo and the major international airport of Las America and El Catey airport, which is a 25-minute drive away.

The size and beauty of this project's site allow for a unique product within the Samana Region. The blend of a luxury residence with natural beauty has shown to be extremely attractive to high-net-worth individuals seeking a lifestyle investment of tranquillity, a short distance to the beach and town center.

The development combines spectacular sea and mountain views, with a unique villa concept, a complete construction design package for a variety of luxury villas. This is a construction-ready project with infrastructure and services completed; with all planning consents in place. The investor is able to implement a different architectural option if so desired.

The owners are looking for an investor to develop together.

The Samaná region is consistently recognized as one of the most beautiful parts of the Dominican Republic and Las Terrenas in particular is a desirable tourist location of an ethnic mix. The Dominican Government is focused on preserving the beauty of the region and has committed to the development of infrastructure facilities with the new highway linking the capital, Santo Domingo, and International airports. The tourism sector is rebounding from the global economic downturn and real estate sales are also beginning to return, with premium, luxury products showing very strong potential. The Las Palmas Tropical Development is a unique investment and allows an investor/buyer an unprecedented opportunity to acquire freehold titles for 25 plots on a one-of-a-kind piece of real estate within the region. With Samaná earmarked as the new tourist boom region, the potential for growth and substantial returns are extremely attractive for a developer.
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Location

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Abra Grande

This lively area is located within the urban expansion zone and is a few minutes from the main street giving you access to many shops and services.

Financials

No content available.

Mngt Costs: $150

Monthly Profits: $-150

Legal Fees: $15,000

Transfer Fees: $45,000

Yearly Taxes: $13,600

This listing

ROI: $0

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Market ROI: $0

Listing Agent

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.