Sale: US$ 2,800,000
Reference #40751
Sale: US$ 2,800,000
City: Juan Dolio, Juan Dolio
Province: San Pedro De Macoris
Lot Surface: 7087 m2
Delivery month:
Property next to the beach
Building lot with all permits to construct highrise condo tower with up to 19 floors and 84 condos right at the beach in Juan Dolio.
The total beach land has a size of 7,087 m2 (1.751236 acres) consists of two lots, divided by the beach road. The main lot right on the beach has 3,863 m2 (0.95 acres) with 50 linear meters of beachfront.
The second lot has 3,224 m2 (0.796 acres) and is mainly the service lot with parking for the condo tower development at the beach.
The land is owned by a Dominican corporation and the owners offering to sell 100% of the corporation shares. The corporation has all construction plans approved and all necessary permits to start construction right away.
Permits are from the City, the Tourism Ministry, and the Ministry for Environment and CONFOTUR (what is the department that approves incentives for investments in the tourism development NO-tax for up to 10 years).
The purchase of the corporation includes the land, all permits, and architectural plans for the highrise building.