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Cabrera - Exclusive Oceanfront Lot with 3 white sandy beaches

Price: US $ 11,000,000
Location: Cabrera
Status: Active

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Price per unit US $ / sq feet: 23.47
Price per unit US $ / m2: 252.6
:
Lot size (m2): 43,547
Lot size (sq feet): 468,740
Lot size (acre): 10.76
:
:
Distance to beach (miles) : 0
Monthly maintenance fee: Call For Price
Distance to airport (miles) : 62
Distance to supermarket (miles): 1.2
Noise Level 1=very quiet: 2

Home Features
  • Ocean View
  • On the Beach

Description: Cabrera

...this is, quite simply, one of the most dramatic oceanfront properties in the Caribbean.

The breezy, undulating palmy plateau is lapped by warm, reef protected ocean waters and is safely swimable year-round.

This 11 acre / 43,547 m2 property
also features a dense forest of royal palms and a magical canada, a seasonal stream in a tropically vegetated canyon with small pools and waterfalls that spill into the sea.

The well-drained soil and prevailing sea breezes maintain this dream site exceptionally comfortable and mosquito-free.

Remarcably, this blessed parcel has its long side along the sea, dominating a half kilometer of orchid-draped sea cliff and fronting three distinctively different sparkling white sand beaches with a beachfront of approx. 100 meters on the Dominican Republic's spectacular Costa Verde.

The center beach, a perfect one-third moon, is totally contained within the parcel and embraced by two majestic rock peninsulas.

Although a new championship golf course (by Robert Trent Jones) has recently opened twelve minutes away, ranching, farming and fishing are the are the traditional sources of local income, and the friendly natives have not been corrupted by mass-tourism (although they will try to practice their English on you and teach you how to dance the meringue at the slightest provocation).

The property is accessed by a kilometer long private road shared with Orchid Bay, a gated, private residential community with homes that rival any in the world.
Thus the property lends itself to a variety of upscale uses. A world class private estate or family farmstead on the sea, an opulent rental-villa/corporate retreat, an artfully designed boutique spa/hotel, private beachfront villas or a low density luxury condominium development would all be compatible with the ne plus ultra character of the community.

Lot: 10.76 acres / 468,740 sq. feet,
43,547 m2

Price: 11,000,000 US $

Price Per Unit:

252.60 USD/m2
23.47 USD/sq ft,
1,022,23 USD/acre

The Puerto Plata International Airport, with frequent service to the United States, Canada and a dozen European cities, is a scenic hour drive to the west.

A half hour to the east, the new Samana International Airport is scheduled to open in mid 2006.

Helicopters can land directly on site.
Now there is excellent telephone and high speed Internet service from Verizon, and cellular service from both
companies Verizon and Orange/French Telecom.
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In recent years, many economists have recognized that the lack of effective real estate laws can be a significant barrier to investment in many developing countries. In most societies, rich or poor, a significant fraction of the total wealth is in the form of land and buildings. In most advanced economies, the main source of capital used by individuals and small companies to purchase and improve land and buildings is mortgages -- bank loans for which the real property itself constitutes collateral. Banks are willing to make such loans at favorable rates in large part because if the borrower does not make payments the lender can foreclose, that is, file a court action that lets them take the property and sell it to get their money back. But in many developing countries there is no effective means by which a lender could foreclose, so the mortgage loan industry as such either does not exist at all or is only available to members of privileged social classes. dominican property

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