Caribbean beachfront ECO green hotel land development available.
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.