QH7F+C5M, Cabarete 57000, Dominican Republic, Cabarete, Puerto Plata 57000

Land Investment Opportunity in Kite Beach 2, 606 m2 big, this lot boasts a strategic location right in the middle of the booming area of Kite Beach in Cabarete. It neighbors several residential projects under construction as well as established running businesses, such as Kibayo, Diamond Hotel, Dulce Vida and Cario Pediatrics Center. But most importantly, this land investment is situated about 100 meters away from the world famous kiteboarding paradise beach. All of that is to show that investing in this land lot now can bring high value results in the long term. Especially considering the constantly growing price per square meter in Cabarete and developing infrastructure in this particular area, the current price offers you an opportunity to secure a high return land investment. Even if you dont have immediate plans to build or develop anything, this land will easily give you a higher profit in a few years than any bank certificate or deposit. The land is currently occupied by the local non-profit organization Dream Project that has a free lease agreement until June 30, 2027. The buyer will have to honor this contract upon the land purchase. But once the lease expires, the investor will be free to choose between signing a new agreement with Dream Project and supporting the local community or using the land for a new project and construction. There are currently 3 buildings on the land: one office and reception building and two more concrete structures with a thatched (cana) or zinc roof used for classrooms. Additionally, there is a tennis court, a soccer playground and a covered basketball court. These installations will be available for the future investor to be repurposed for a future project, such as a hostel, private house, retreat center or even a small condo development. Otherwise, it will be also easy to demolish them all and start from the scratch. Contact us today to explore this land investment opportunity that awaits you in our enchanting town of Cabarete.