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Property for Sale
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Land - Naturally Forested
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Puerto PlataDominican Republic
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355.00 acres
142 hectares
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$17,500,000 (USD)
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No |
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Person Offering the Property:
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Name:
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Shiva Kumar
Private Buyer or Seller
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Coastline Management Group, Inc |
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Address:
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Florida
United States |
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Please contact this
person by Email first.
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Phone:
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Business
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Location Description:
Zoned: Zoned for “Tourism”, the official 2008 “Tasacion” (appraisal) received the highest rating of
4: Excellent. Can also divide and sell individual lots.
Protected: Area is known as a “hurricane hole” since a 10,000-foot mountain range to the southeast acts as a natural hurricane shield.
Airports: Less than 90 Minutes from 2 International Airports (Puerto Plata and Santiago).
Utility Access: Property is about 1/2 Mile (800 Meters) from the main road with utilities.
Local Business Development: The friendly township of La Isabella welcomes all tourist
development and activities.
General Description:
Tourism Highlights:
The federal government is actively supporting and encouraging tourism and commercial development in this area. Construction and the tourism market continue to increase tremendously
every year. There are over 250 International flights to the DR every week.
Eco-Nature: Named the "Manatee Peninsula" due to the extensive lagoon filled with playful, gentle manatees.
500-Year-Old History: Christopher Columbus discovered the peninsula on his second trip to the New World in 1493 and he anchored his boats in the lagoon. The property is minutes from the
original settlement of Christopher Columbus: "La Isabella" which is known as the first European settlement in the New World (now a National Park).
Improvement Notes:
Historic Recreations: Build a replica of the original Columbus settlement and or museum on the property and anchor a replica of his ship in the lagoon to attract daytrip tourist.
Water Activities: Offer diving for treasure, cave diving, fishing trips, snorkeling, parasailing, and whale watching tours.
Water Tours: Arrange boat tours to the Paradise Islands, La Isabella, Puerto Plata, and other fun and historic ports or beaches.
Excursions: Design day and overnight excursions to historic centers, agricultural tours, nature parks, and more.
Mountain Trips: Propose unsurpassed Jeep Tours in the DR mountains.
Financial Notes:
This property is priced for a quick sale at ONLY US $14.50 per sq meters*
Offered far below market value at only US $17,500,000
Soil Notes:
This property has been in the German owner’s family for many years. The current, local
owner inherited the property from his father a few years ago.
To take a unique marketing approach in a challenging economy, the owner contacted a
group of German business executives that have numerous international connections and asked them to use their contacts to market the property on his behalf. Our group has members in the Dominican Republic, Germany, and the US and can communicate in English, German, and Spanish.
We have taken extensive measures to protect all parties from any potential fraud. The
transaction will be handled by a Denver, Colorado law firm, which is listed by Martindale-
Hubbell as one of the preeminent law firms specializing in real estate. The same law firm
will be handling the money transfer and distribution. All payments, including down
payments, will be put into an escrow account at the Denver law firm. The law firm will only
disburse the funds when the buyer confirms that the property is in the buyer’s name.
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No property
maps available.
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