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We are selling this land intended for an 18-hole Golf Club & Residential Community. The titles are clear and free of encumbrances.
The property is located in a privileged location, between the touristic towns of Sosua and Cabarete, in the north coast of the Dominican Republic.
The land is at a short distance of more than fifteen exclusive gated residential communities, several hotels, vacation rentals villas/condos and other tourist attractions, just 17 minute drive from Puerto Plata International Airport, which offers flights chartered and scheduled, from Europe and North America.
Favorable zoning regulations have been secured and the property is approved suitable for a multi-purpose commercial / residential development that could include roughly 1055 units, comprised of golf villas, bungalows, townhomes and condominiums, all situated on a gently-sloping hillside site in a property of 498 acres.
The property selling price 32,000,000 usd
This property qualifies easily for the tax incentive 158-01 which grants this type of touristic project 10 years tax exemption. Companies investing are exempt from paying taxes in one hundred percent (100%)

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