Perfect Property for a Hotel or Housing Community with Main Road Frontage in Samana: Listing #23-16

  • $5,500,000

Perfect Property for a Hotel or Housing Community with Main Road Frontage in Samana: Listing #23-16

  • $5,500,000

Description

With 100 meters (328 feet) of beach on Samana Bay, this beautiful property is a diamond in the rough just waiting to be polished. It has frontage on the primary highway from Samana to Las Galeras and is a convenient distance to the bustling center of Samana town, where the new showplace waterfront is currently under construction.

Ideal for investors interested in either a profitable apartment, hotel, or in creating a condominium beachfront community. The property was partially renovated commencing in 2018. Concrete buildings create a foundation towards completely refurbishing this idyllic project. The property is already divided into 91 titles to facilitate any eventual sale as condominiums.  All utilities, including electricity, are buried.

Available existing facilities include hotel reception and administration building, commercial shopping strip, restaurant, lounge, and two swimming pools.

Included in this listing is the original brochure by another investor who withdrew from the project. Depicted are suggested configurations of the buildings after reconstruction.

 

Details

Updated on June 24, 2024 at 11:00 pm
  • Property ID: 23-16
  • Price: $5,500,000
  • Property Size: 43,000 square meters
  • Land Area: 10.63 Acres
  • Year Built: 1997
  • Property Type: commercial

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