La Entrada Land East – $2,950,000 – Cabrera
Real estate in and around the area of La Entrada on the north coast of the Dominican Republic offers excellent potential and an opportunity for growth. Playa Entrada is truly one of the most magnificent beaches in the Dominican Republic. It is a sweeping golden sand beach dotted with evenly spaced coconut palm trees. Playa Entrada is perfect for windsurfing, kite boarding, swimming, snorkeling and many other beach activities.
This development property contains approximately 24,597 M2 (6.08 acres) and its substantial width of 228 meters (748 feet) beach frontage. The land could be divided into luxurious ocean-front residential lots; an exclusive resort or bed and breakfast facility; multi-family ocean-front condominiums; a luxury family compound; or ocean-front farm and ranch.
La Entrada is in the municipality of Cabrera which is about a 10 minute drive to the west. This area is approximately mid-way between two International Airports; About 1 hour to the west is Gregorio Luperón Intermational Airport (POP) and to the east about 45 minutes is Samaná El Catey International Airport. The drive to the Santo Domingo International Airport is about 1 hour and 45 minutes to the south. Santo Domingo is the capital of the Dominican Republic and is great for shopping, restaurants, entertainment and cultural events.
Approximately 10 minutes west of Cabrera is the Playa Grande Club and Reserve currently under re-development. It has stunning beaches and is home to the Robert Trent Jones, Sr. designed golf course.
The surrounding area is pristine and unpopulated with underground springs supplying abundant fresh water. The first phase of Playa Grande being developed is the Aman Golf Resort which includes: the renovation of the existing legendary Robert Trent Jones Sr. golf course by his son Rees Jones and the development of a 30-suite Aman Resort together with a beach club, a new Aman Clubhouse and a limited number of golf, beach and cliff-side Aman villas for sale, all with spectacular ocean views.
Highest Value and Best Use: – La Entrada has the potential for mixed-use development combining commercial, residential and multi-family development. Zoned for tourism development the property was previously approved for 52 condo apartments (120 bedrooms).
Excellent development/investment site.
Owner financing available or will consider a Joint Venture development.