Avenida Barcelo, BAVARO / PUNTA CANA

$12,800,000

0 Bed
0 Bath
15.81 Acres
0 Garage

This Lot has 15.81 Acres Which it can be purchased complete as it can be divided into acres or sections according to what you plan to develop. The first lots available towards Barceló Avenue start at $ 850,000.00 per acre. As the section progresses, the price decreases depending on the size of the area. The area where this land is located is perfect to develop a Commercial Center, Residential housing, Restaurants or Commercial Franchises. Close to everything like 10 minutes drive to airport, stores, plazas, hospital, Bávaro/ Punta Cana municipal district, dependent on the Higüey municipality in the La Altagracia province, Dominican Republic. Bavaro/Punta Cana it has been transformed into a tourist services center due to the hotel and development expansion ; thus becoming an important tourist area of the country. Throughout the area there are dozens of hotels, among which the Spanish investment ones stand out, such as Riu, Iberostar, Be Live Grand Punta Cana, Meliá, Barceló, Palladium, Catalonia or Bahía Príncipe. The area also has several nightclubs such as: Oro at Hard Rock Hotel, Imagine, Coco Bongo or Pachá, which enliven tourists' party nights. numerous tourist attractions have been installed, some of a certain size such as the Manatí Park in Bávaro, a water park with manatees, dolphins and other kinds of animals. For tourists, the Punta Cana beach area is more popular because it is more affordable at international prices. However, Bávaro maintains the exclusivity and elegance that give it the title of best Caribbean beach. According to statistics from the Ministry of Tourism, in the Dominican Republic there was an investment in the tourist area of more than US$500M, representing a remarkable growth in this branch and consolidating tourism in the Dominican Republic as one of the best in the world. There are no restrictions on foreigners purchasing real property in the Dominican Republic. Foreigners are allowed to purchase property with the same rights and obligations as a Dominican citizen. The Residency by Investment program of the DR is a legal privilege under the General Immigration Act and its regulations, and the Foreign Investment Act. It exempts a foreign national from the procedure of obtaining temporary residence. You can enjoy what country have to offer to foreign investments as taxes exemptions.

Essential Information
MLS® #OM612586
Price$12,800,000
Acres15.81
TypeLand
StatusActive
Community Information
AddressAvenida Barcelo
AreaUnknown
CityBAVARO / PUNTA CANA
CountyOut of Area
StateOC
Additional Information
Date ListedDecember 9th, 2020
Days on Market81
ZoningPUD
Listing Details
OfficeGLOBAL PROPERTIES REALTY & INV

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on February 28th, 2021 at 12:17pm CST.