Sabana del Mar and Miches - Beachfront Investment Lots with a house Dominican Republic
Price: $ 480,000

DOMINICAN REPUBLIC REAL ESTATE

Listed by: Christian Vogt

Listing Id: 813

City: others
Price: $ 480,000
Status: Active
Full Description:
location in the middle of sabana del mar and miches

DOMINICAN REPUBLIC

PROPERTY WITH TITLE AND LEGAL SURVEY FOR SALE

This property is located 12 kilometers from Sabana de la Mar, on the road to Miches, on a paved road that is brand new to facilitate the expansion of the tourist industry in the area.(Sabana de la Mar -- Miches -- Bavaro) and (Sabana de la Mar -- Hato Mayor).

Most of the land is 10-30 degree slope with some flat spots, which provides a magnificent sea view for dozens of lots on the property.

The property is only 1.5 km from the closest town, Las Carritas, with stores for all basic needs.

Two international airports, Santo Domingo and La Romana are just over an hour´s drive from the property, (110 kilometers)

The 82 year old owner has decided to retire and is welling to take a loss for a quick deal.

Similar land is being offered at US$ 25-60 per square meter in other more remote locations.

If you are looking for this kind of land, you will not find anything similar at comparable price.

TITLED PARTS:

The titled part is the entire porcion 31 and porcion 32, in the parcela 148, DC 39/8va

Almost 60,000 square meters, 330 meter of seafront, half is sandy beach.

A 1,500 square feet house, three bedrooms, two bathrooms, in bad shape.

Negotiable at US$ 8.00 per sq. meters, or $480,000.00.

Lot 31, lot 32 and lot 64 on the photo-satellite


UNTITLED PARTS:

Also for sale, over 350,000 square meters in the process of deslinde, with an extra 308 meters of seafront, half is sandy beach.

Two 80 square meter houses

Negotiable at US$ 2.00 per square meter for the whole lot, porcion 75 on the photo-satellite or $700,000.

This land retails between US$ 15. and 25 per square meter in the nearby town even without title.

POSSIBLE WHOLE KILOMETRE OF CONTINUOUS SEAFRONT:

Porcion 39 on the photo-satellite, is still in the process of estate settlement, (determinacion de herederos) and would unite the two properties in a continuous kilometre of seafront.

All the possible heirs have the intention to sell. However until the final decision of the court, all the legal owners are not yet clearly identified. An option to sell the whole porcion could be signed by all the possible heirs now, (price to be negotiated), and payment would follow only after the final court decision.

Very good opportunity for developer or speculator. The owner would consider partnership.

If you have any interest, more information is available.

If you come fly to Punta Cana, the road is Bavaro - Miches

If you fly to Las Americas, the road is Hato Mayor -Sabana de la Mar

You cans also come to Samana and take the ferry to Sabana de la Mar (The ferry does not take cars, just motorcycles)







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