Partially Built on 18 Acres of Beach Land

Playa Encuentro, Cabarete, Puerto Plata Dominican Republic

For Sale

Development Hospitality

$4,500,000

Price

Overview

Development Type

Hotel

Building Size

72,000 sqft

Lot Area

720,000 sqft

Zoning

Tourism

Offered by Broker

Joanne Hammond

Owner

Ocean Side Realty

Request Info to Unlock.

Description

THE LISTING PRICE ON THIS PROPERTY HAS JUST BEEN HALVED FOR A QUICK SALE - DO NOT WAIT!

Located only 10 minutes from the Puerto Plata International airport. The property is 72,000m2 (18.5 acres) with 60 linear meters (200 feet) of ocean frontage on the secluded El Encuentro surfing beach. Encuentro Beach is an isolated stretch of beach located between the popular tourist towns of Sosúa and Cabarete.

The property contains a partially built beach resort (approximately 50% complete) and is made up of 412 residential condos and 31 commercial units. The structure is sound. It will take in the range of $13MM to complete to "turnkey". This is an incredible ROI!!

Contact us today for a full information package.

Highlights

Beach Front
Fantastic Surf Beach