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  Vacant Land for Vacation & Second Homes DevelopmentDominican Republic

Magante, Dominican Republic     DRL# 3754   
$51,000,000 USD  
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante
Vacant Land In Magante

Property Description



Atlantic Coast (North) of the Dominican Republic next to the town of Magante, in the Espaillat Province, near the cities of Gaspar Hernandez and Rio San Juan.



2,999,510M2 (741 Acres) mostly flat and rolling hills rising in elevation from Sea Level to 150 Feet Above Sea Level at the Southern Boundary.


General Description:

The property is in virgin state populated with fruit (Coconut Palms, Lemons, Mango, Oranges, Sea Grapes, Cocoplums) shade and ornamental trees (Royal Palms). It is bounded on the North by the Atlantic Ocean, on the East and West by small rivers, on the South by a RD5 a main highway.



Ocean Front with potential for Beach Front Estates. A River (about .6 mile long within the property) that runs into the Ocean with potential for a Marina and River Front Estates. Because of the topography of the land, a Lagoon with Ocean access could be made with potential for another Marina and Water Front Estates.


Beach Frontage:

0.9 miles of light sand beaches lined with Coconut Palms that provide shade, fruit and coconut water, also Sea Grapes and Cocoplums.


Access Roads:

The property is bounded on the South and passed through by 0.6 mile of Main Highway. This Highway borders lush green rolling hills almost its entire length.


Nearby Airports:

Puerto Plata (50 minutes) and Samana (70 minutes) are both international airports.


Nearby Resorts:

Bahia Principe (5 minutes) and Playa Grande Resort and Golf Club (15 minutes).


Proposed Best Uses of Property:

Villa Estates – one (1) acre and one half (1/2) acre

Hotel with Casino

Town Homes and Condominiums


Heliport & Private Airport


Page #1 of 2

Comparable Projects:

Bahia Principe Beach Resort

Playa Grande Resort & Golf Club

Cabarete Beach & Sosua Beach(Multiple Resorts & Developments)

Atlantica (in planning) near the City of Luperon


Proposed Investment (Asking Price)

Property Acquisition – 2,999,510M2 x US$17.00/M2 = US$51,000,000


Terms of Sales

US$3,000,000 Retainer with two (2) months allowed for due diligence.



Joint Ventures may be acceptable

Development and Construction financing may be obtainable



1 - Small scale surveys of the land available.

2 - Topographical data not available

3 - Potable water is available from the municipality

4 - Electrical Energy available from the local utility

Bedrooms: 1Bathrooms: 1
Levels: 1Lot Size: 2999510 m2

Real estate agent

Rommen Semeniuk

Rommen Semeniuk

Dominican Republic

33 listings on

Real Estate agent in the Dominican Republic. For more information on this listing call DRListings at 809-571-1027 or 809-779-9949.


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