Investment property close to the beach- Las Terrenas Dominican Republic Real Estate Properties - Luxury Caribbean Villas and Beachfront Properties

Category: Commercial Estates · Location: Samana
Updated: March 22, 2019 - 19:18:04 · ID: C-040

El Torcido is situated ideally, situated on the North East coast of the beautiful region of Samana within a few meters from the beach and a five minute walk to the town of Las Terrenas a tourism hotspot.
Las Terrenas is a cosmopolitan town offering kilometres of golden sandy beaches, bustling beachfront cafes, numerous bars, restaurants and is an outdoor pursuit paradise. With the new motorway, Boulevard Turistico del Atlantico, linking the Samana Peninsula to the capital Santo Domingo, access to the International airport Las America is less than 2 hours drive and the local International airport El Catey linking to various North American and European destinations is only a 30 minute drive. El Torcido occupies a plot area of 3018 sqm which could either be developed for additional cabanas or construction of new one or two bedroom apartments with club house and pool. Las Terrenas offers high occupancy in the high season and there is a deficiency of accommodation in the town.
With the dearth of land close to the beach, El Torcido offers a unique opportunity to an investor to maximise their returns with a healthy profit. El Torcido is an established rental residence in tropical surroundings with four cabanas of various sizes offering double bedrooms with kitchen for long and short term rental with the privacy of an individual terrace.
El Torcido also offers a two bedroom villa with pool situated in a private garden within the same development. El Torcido has tremendous potential for an investor to either convert the establishment into a boutique hotel offering a touch of class.

City

Samana, Dominican Republic

Price:

$ 770,000

Beds:

Baths:

Floors:

Property Size:

0 sqm/ sqft/0 acre

Lot Size:

3,018 sqm/32,485 sqft/0.75 acre

Status:

active





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