Dominican Republic Real Estate, Beachfront Property for Sale in Dominican Republic


Dominican Republic Real Estate 3.34 Acres with 304' Frontage Dominican Republic Beachfront Land for Sale *One of a Kind!* For $900,000 U.S., you will own 3.34 acres with 304 feet of frontage on a quiet bay on the north coast of Dominican Republic. For a lower cash outlay: Lots #1 and #4 are priced at $229K each. Oldest American Company in The Dominican Republic! Commencing our 4th Decade!
LOCATION One mile from the village of Nagua (population about 40,000) with grocery stores, pharmacy, doctors, dentists, and a new shopping plaza. 18 miles west of the fabulous Playa Grande resort, featuring one of the top 10 beaches in the world (National Geographic), a new 18-hole golf course with 10 holes on the Atlantic, tennis, a casino, and more. About 90 miles to Punta Cana, a $3 billion development under construction. A short drive to seven casinos 40 miles from the new Samana International Airport (Whale watching near the airport!). 1.5 hours from Miami; 3.5 hours from New York to Puerto Plata International Airport. OUTSTANDING FEATURES AND AMENITIES Level land Tranquil setting It's 1,500 feet from the ocean to the main road Step out your door onto a white sandy beach Coconut palms galore Electricity, water, phone, TV available Sweet (drinkable) well water is abundant TYPICAL INVESTORS Wealthy individuals looking to buy and hold People who want off-shore tax advantages Those who dream of a lavish Caribbean retreat Investors, resellers, or developers ECONOMIC BENEFITS A still-developing location just being discovered by Americans (Europeans and Canadians have been here for years) The Dominican Republic has more hotel room than any other Caribbean island - 50,000 and they're just starting A good hedge against losses from U.S. holdings Low real estate taxes in the Dominican Republic The value of this land has been appreciating at a rate of 10-15% per year Building costs average $65 per square foot, depending on the type and quality Terms available (and English-speaking attorneys) Climate...Days average 75 to 85 degrees Fahrenheit all year round, with slightly cooler evening and mountain temperatures. Rainfall is minimal from May to December, and trade winds keep the air warm and breezy (air conditioning not required). TERMS and CONDITIONS Settlement within 30 days - after 10% deposit No real estate commission (The seller, Cocomar las Canas, C. por A., is a Dominican corporation acting on its own behalf.) Financing varies with the purchaser - a minimum 25% down payment is required Pay monthly or submit your terms No credit check needed 5% discount for cash JUST COMPARE - Get in on the ground floor NOW! Similar property in the U.S. Virgin Islands and other Caribbean islands costs double or more. For Additional Information, Please Contact: Developer Jack Kornbluth Phone: 1(809)571-1140 Email: lotrincorp@aol.com Or marykay@lotrincorp.com "CLICK HERE TO VISIT LOT-RIN CORP WEBSITE" Please mention "Oceanfront Properties" when responding "BACK TO DOMINICAN REPUBLIC SALE PROPERTIES"

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