Caribbean beachfront ECO green hotel land development available.

La Isabela

La Isabela, DO
Aerial
La Isabela, DO La Isabela, DO
FOR SALE
Property Type:
Commercial Land Development
Amount:
$15,000,000 to $20,000,000
Last Verified:
Dec 23, 2015

Caribbean hotel land development opportunity available and we have just identified a hotel management company co-developer who has submitted a Letter of Intent to manage the hotel and provide guidance if a qualified buyer can acquire the land and develop the resort. (approx. $50 million to include $15 million for property acquisition and $35 million to develop the first phase of this development). I've included some links showing the property Executive Summary and website for your review. I look forward to hearing your thoughts. Website: http://www.manateepeninsula.com Executive Summary: http://www.manateepeninsula.com/2012ManateePeninsula_Executive.pdf Here is a more detailed presentation about this property: http://www.manateepeninsula.com/2012ManateePeninsula.ppt Property Highlights This unique, North Dominican Republic property is priced far below value! Owner inherited the property but is ready for retirement. Here is your chance to develop it and make a fortune. His loss your gain... Acres: 355+ (1.44 Million Sq. Meters) Ocean Beach: 4.4 Miles (7.1 KM) More Waterfront: Miles of lagoon, mangrove and river frontage Property: Healthy, undeveloped land bordered by miles of pristine ocean beaches and sparkling, gentle lagoon waters. Deep water and buildable waterfront with natural pool. Historic: Christopher Columbus discovered the peninsula on his second trip to the New World in 1493 and he anchored his boats in the lagoon. Zoned: Zoned for "Tourism", the official 2008 "Tasacion" (Appraisal) received the highest rating of 4: Excellent. Can also divide and sell individual lots or build mixed development. Disclaimer: Tour available.

Additional URLs

Map of La Isabela, DO

Presented by:
Thumb_default

Request additional information
Icon_default


Send a message
Share this Listing

Real Estate Incentives (What is this?)
Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.