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$921,580
Est. payment /mo
1.03 Acres Lot
Active
CALLE BUGANVILLA Bavaro / Punta Cana,
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Key Details
Property Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OM612621
HOA Y/N No
Annual Tax Amount $1
Tax Year 2019
Lot Size 1.030 Acres
Acres 1.03
Lot Dimensions UNK
Property Description
This plot is divided into 3 lots. This one in particular is the last one at the Buganvilla Street offering 1.03 acre / 4,189 Mts2. Guests or residents can walk no more than 200 steps to enjoy the beautiful beach of Bibijagua. Located in a exclusive tourist area with the best hotels and resorts around you. Excellent to develop a mini lodging, residential complex or a restaurant. Close to everything like 10 minutes drive to airport, stores, plazas, hospital, Bávaro/ 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. There are no restrictions on foreigners purchasing real property in the Dominican Republic. Foreigners are allowed to purchase property with the same rights and obligations as a Dominican citizen. The Residency by Investment program of the DR is a legal privilege under the General Immigration Act and its regulations, and the Foreign Investment Act. It exempts a foreign national from the procedure of obtaining temporary residence. You can enjoy what country have to offer to foreign investments as taxes exemptions.
Location
County Out Of Area
Area 99999 - Unknown
Zoning PUD
Body of Water Private
Exterior
Utilities Available BB/HS Internet Capable, Cable Available, Electricity Available, Street Lights, Water Available
Building
Lot Size Range 1 to less than 2
Sewer Private Sewer
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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