Punta Presidente 1954 Acres (8,049,000 square meters)
$89,000,000
Bonao, Monseñor Nouel Province 42000, Dominican Republic
Hotel
Development Type
85,000,000 sqft
Lot Area
Details:
Highlights:
- 8 million square meters (85m square feet) 1954 acreas
- almost 5 miles of beach front property
- perfect for cruise ship port and resorts
Description:
Punta Presidente is 8,049,452.80 m2, or approximately 1954 acres of land. The north shore is ~5 linear miles of beachfront. The title is held by Promotora Noroestana de Desarollo Turistico, SRL - A Dominican Company with 35 years of good standing. There are no liens or encumbrances.
The entire northern shore of the peninsula is beachfront, which extends around the western tip of the property. The southern portion of land is surrounded by a mangrove forest and miles of estuaries that make up the “MonteCristi National Park”.
The MonteCristi National Park was decreed by executive order in the 1980’s, and congress formalized the park laws shortly thereafter. Titled owners of land were grandfathered and recognized as legal owners. Development is allowed with certain restrictions based on environmentally sound building principals.
Seven Brother’s Keys
The “Seven Brother’s Keys” are a group of Islands beginning a mile offshore of the property. The keys are surrounded by miles of coral reefs providing excellent diving opportunities. The remains of 400 known shipwrecks dating from the 16th to 19 th century are interred along their shores, and bits of pottery and wine bottles can be seen along the beaches.
Documents:
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Punta-Presidente-Brochure__2_.pdf
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Location

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