Corner Beachfront Penthouse with Rooftop Terrace in Cosón
US$658,000
Prime Beachfront Land for Investment in Las Terrenas
Las Terrenas, Samaná, 32200, República Dominicana
Exclusive, For Sale
US$220 x m2
Description
Introduction
Location: The 71,000 square meters (17.5 ACRES) land is located in Las Terrenas, Samaná province, one of the most attractive and fastest-growing tourist areas in the Dominican Republic. This destination combines paradisiacal beaches, developing infrastructure, and an ideal environment for high-end tourism projects.
Facing the Atlantic Ocean: With approximately 188 linear meters of beachfront,(616 feets ) this land offers a privileged location for hotel and tourism projects.
Land History: Previously, the site hosted the HOTEL CACAO BEACH, RESORT & CASINO, whose ruins are still present, offering the possibility of integrating them into a renewed concept.
Key Land Details
Total Size: 71,000 m² (17.5 ACRES)
Allowed Housing Density: Up to 125 rooms per hectare (10,000 m²). Maximum estimated capacity: 875 rooms.
Legal Status: In the process of demarcation, merging, and subdivision, ensuring a clear title without complications for development.
Permitted Uses
1. Tourism Use:
- Development of condo-hotels.
- Construction of hotel rooms.
- Apartments, townhouses, and tourist villas.
2. Commercial Use:
- Spaces for bars, restaurants, and shops.
- Recreational facilities such as theaters and cinemas.
3. Residential and Community Use:
- Housing for the local population.
- Essential facilities
Competitive Advantages of the Project
Premium Location:
- Fronting an exclusive beach with 188 linear meters, ideal for attracting luxury tourism.
- Access to local infrastructure and proximity to El Catey International Airport (just 20 minutes by car), Las Américas Airport (2.5 hours), and Puerto Plata Airport (3.5 hours).
High Profitability Potential:
- The allowed density ensures the possibility of developing a large-scale project with high returns.
- Diversified permitted uses (tourism, commercial, and residential) allow the project to adapt to different market niches.
Reconversion Opportunity:
- The ruins of the HOTEL CACAO BEACH, RESORT & CASINO represent a unique opportunity to reinvent a project with history and character.
Proposal for the Investor
Project Vision: Develop an integrated tourist and residential complex that combines luxury, sustainability, and community services, positioning itself as a benchmark in the region.
Investment Possibilities:
- Direct development of the hotel project.
- Sale of subplots to specialized developers.
- Strategic partnerships with international hotel operators.
Government Support:
- Tax incentives through the Dominican Republic’s Tourism Incentive Law (CONFOTUR).
- Expanding local infrastructure thanks to public and private investments.
OLD HOTEL CACAO BEACH
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Agents
Agent Steve Hattie
(English, Français, Español) Born and raised in cold Canada, I’ve always had an adventurous spirit…
View My ListingsOffice: +1-888-404-0385
Mobile: +1 289 910 0877
WhatsApp: +1 829-525-1782
Email: team@godominicanlife.com
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