Beach Front Land For Sale in Magante, Gaspar Hernandez - U$8,500,000
- $ 8 500 000
- Residential Land For Sale
This land is located in Magante on one of the most beautiful sandy beaches on the north coast of the Dominican Republic. The plot is completely flat with a size of 235.621m2(2.536.203ft2) with beachfront. Magante is a small typical Dominican village located between Gaspar Hernandez and Rio San Juan.
On the south side of the land is a road leading to the highway #5 from Cabarete to Rio San Juan. The southern part of the plot has a nice view of the mountains of the Magante countryside. Rio San Juan is only 10 minutes away by car from the property, there you’ll find international restaurants, bars, shops, supermarkets and comfort bus transportation direct to the capital Santo Domingo.
This land is an excellent opportunity for investors to build a villa/hotel project or eco project because all licenses are provided for the building of 350 rooms which implies that there can be build a hotel of 150 rooms and 100 villas/bungalows with two bedrooms and a casino.
In the selling price are the costs of obtaining all the permits included as well a basic plan for the construction of a project with 350 rooms.
The entire infrastructure for water supply, electricity, etc… have already been provided. There also has a possibility to made a private entrance to the project from the main road to the project.
The owner of the land is also a reputed European contractor, he may also be responsible for the construction works of the entire project at highly competitive rates and terms.
Given all permits are already available the construction of the project can be started immediately.
Reply for more information by clicking on the contact link in the upper right side of this listing.
- View: Beach
- Listing status: Active
- Available from: Jul 30, 2014
- Listing #: 6937
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Latitude / Longitude: 19.749820 / -70.408290
Distance to airport (miles): 41
Distance to beach (km): 0
Distance to schools (km): 17
Distance to schools (miles): 10.6
Distance to shopping (km): 17
Distance to shopping (miles): 10.6
Distance to town (km): 17
Distance to town (miles): 10.6
Listing #: PM-L-5122
View: Beach front