$18,595,000
$19,243,636
3.4%For more information regarding the value of a property, please contact us for a free consultation.
33 Acres Lot
SOLD DATE : 06/14/2024
Key Details
Sold Price $18,595,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Bavaro
MLS Listing ID OM627780
Sold Date 06/14/24
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $1
Lot Size 33.000 Acres
Acres 33.0
Lot Dimensions UNK
Property Sub-Type Commercial
Property Description
***HUGE *** Vacant land with 33.60 Acres located in the best area of Bavaro, Punta Cana in The Dominican Republic. Ideal for residential and vacation, Villas, Condos, Hotel or shopping center development. Fully fenced. Just a few meters from the beach and all the fun. If you still need more acres for your development, we have an additional 11 acres that connect to this lot at an additional cost. We are open to a serious proposal. Bávaro is a place in the Verón 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. Only from the Punta Cana International Airport (PUJ) more than 2 million tourists and more than 5 million passengers in general enter each year.
Location
Community Bavaro
Zoning PUD
Exterior
Fence Stone
Utilities Available BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Street Lights, Water Available
Building
Lot Size Range 20 to less than 50
Sewer Septic Needed
Water Private
Others
Ownership Fee Simple
Acceptable Financing Cash, Other, Private Financing Available
Listing Terms Cash, Other, Private Financing Available
Special Listing Condition None
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