• lot / land – $3,500,000 USD. Beach Land Cabarete
Cabarete, Puerto Plata – 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.