enfrderues
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Calling all developers-Investment Opportunity $US1,450,000

Lot Size
18090 m2

Developer required to take on this opportunity in the hills of Sosua. Due to a change of circumstance, the founder of the community is keen on pursuing other interests outside of the area.

On-site already exists 4 houses, 3 of which are sold and 1 of which is included in the asking price. The house retail value alone is in the region of $US900,000. Remaining within the development are 20 building lots with an average retail price of $US64,000. In addition, further returns are provided my managing the house construction to the specification of the client. Average mid-end construction costs in the area are running at $US 800 per m2, with a retail finished price of approx $US 1,400 per m2

The development is located about 30 minutes from the international airport at Puerto Plata, 15 minute drive to Sosua, with it's choice of supermarkets, banks, shopping facilities and off course the beach and approx. a 20 minute drive away from Cabarete and access to it's surfing facilities and vibrant nightlife.

The existing developer has already laid out the internal infrastructure including roads, water lines, electricity and back-up generator. Each land plot already has the dislinde and individual titles in place. Building plans for the remaining villa designs and construction are also available. The hard work has already been done! Contact us for me details on this exciting opportunity.


General Amenities
Interior Amenities
Exterior Amenities
Address Hidden
Sosua, Puerto Plata
Dominican Republic
Sale Type: For Sale or Lease
Ref #: CM1008
Sandy Parekh
Remax Coral Bay Realty

P: 1-809-571-9990
Contact Agent
Lot Size
18090 m2
HOA
Yes
Address Hidden
Sosua, Puerto Plata
Dominican Republic
Sale Type: For Sale or Lease
Ref #: CM1008
Sandy Parekh
Remax Coral Bay Realty

P: 1-809-571-9990
Contact Agent

Please complete the form below to request a showing for this property. We will review your request and respond to you as soon as possible. Please add any additional notes or comments that we will need to know about your request.

 
Address Hidden
Sosua, Puerto Plata
Dominican Republic
Sale Type: For Sale or Lease
Ref #: CM1008
Sandy Parekh
Remax Coral Bay Realty

P: 1-809-571-9990
Contact Agent

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Address Hidden
Sosua, Puerto Plata
Dominican Republic
Sale Type: For Sale or Lease
Ref #: CM1008
Sandy Parekh
Remax Coral Bay Realty

P: 1-809-571-9990
Contact Agent
Properties shown on this website are not an offer to sell or solicitation of offers to buy, nor is any offer or solicitation made where prohibited by law. The statements set forth herein are summary in nature and should not be relied upon. A prospective purchaser should refer to the entire set of documents provided by the developer / home owner and should seek competant legal advice in connection therewith. Prices, availability and buying conditions are subject to change without notice.
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