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741 Acres Oceanfront, North Coast, Dominican Republic

Highway 5, Magante, Dominican Republic
€46,000,000/$51,000,000

Description

741 Acres Oceanfront, North Coast, Dominican Republic.

0.9 Mile Oceanfront Beach.

This oceanfront property is in it’s natural state populated with fruit, shade and ornamental trees.The beautiful turquoise waters house a reef off shore, perfect for snorkel and diving enthusiasts.

This property is the perfect location for your Eco-Resort and residential development on the Atlantic Ocean. Located on the North Coast of the Dominican Republic, this parcel is close to the town of Magante, in the Espaillat Province, and just west of the cities of Gaspar Hernandez and Rio San Juan. Amenities: 0.9 mile oceanfront beach, 0.6 mile river that runs into the ocean, Lagoon with ocean access, Proposed Uses of Property:Villa Estates – one (1) acre and one half (1/2) acre, Resort Hotel, Eco Resort, Town Homes and Condominiums, Marina, Eco Activities, and Waterfront Estates.

Opportunities abound for this extraordinary ocean front property on the northern coast of the Dominican Republic. An undisturbed tropical property, it is populated with various fruit trees such as Coconut Palms, Lemons, Mango, Oranges, Sea Grapes, and Cocoplums, as well as shade and Royal Palm trees. The property has fresh water from the Rio Pietras river. This is a perfect location for an Eco Resort, Marina, Condominiums, Estate Homes, or your Caribbean escape.

Location:

North Atlantic Coast of the Dominican Republic, located in the Espaillat Province, next to the town of Magante and near the cities of Gaspar Hernandez and Rio San Juan. The property is bounded on the south by Highway 5.

Dimensions:

2,999,510 square meters (741 Acres) of mostly flat and rolling hills rising in elevation from sea level to 150 feet above sea level at the southern boundary.

Amenities:

The Rio Pietras River runs through the property (approximately 0.6 miles within the property) and into the Ocean. 0.9 miles of light sand beaches on the Atlantic Ocean. Potential for a marina and river front estates. Due to land topography a lagoon with ocean access could be made with potential for another marina and water front estates.

Nearby Airports:

Puerto Plata Gregorio Luperon International Airport (POP) 50 minutes drive Samaná El Catey International Airport (AZS) 70 minutes drive
Dominican Republic, 741 Acres North Coast Oceanfront.

The land is priced and advertised in $US Dollars and converted to Euro at the exchange rate at the time of listing. Interested parties should check the current exchange rate against the $US Dollars to establish correct Euro price.

Agents Note: The listing of this property is courtesy of Della Booth of Time Realty Services, Punta Gorda, Florida, US.

  • Address: Highway 5, Magante,
  • Country: Dominican Republic

Detail

Updated on June 13, 2019 at 3:42 pm

  • Property ID: 68371
  • Price: €46,000,000/$51,000,000
  • Land Area: 2999510 m²
  • Property Type: Commercial, Development Opportunity, Investment Opportunity, Land, Plot, Plot - Land, Plot - Residential
  • Property Status: Investment Opportunity
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