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Land Investment Opportunity in Kite Beach

350,000 USD

Description

Kite Beach

(Land Investment Opportunity in Kite Beach)

Nestled on the northern coast of the Dominican Republic, Kite Beach in Cabarete is a coastal haven where turquoise waters meet golden sands, creating a playground for both water sports enthusiasts and those seeking a tranquil escape. Renowned as one of the world’s premier kiteboarding destinations, Kite Beach is a vibrant stretch that attracts surfers, beach lovers, and a diverse community of international travelers.

Kite Beach is synonymous with exhilarating water sports, particularly kiteboarding and windsurfing. The consistent trade winds and expansive coastline create the perfect conditions for adrenaline-pumping rides and colorful kites dancing against the Caribbean sky. For those less inclined to ride the waves, the beach provides a picturesque setting for sunbathing, beachcombing, and enjoying the lively energy of the coastal scene.

Beyond the thrill of the water, Kite Beach offers a lifestyle of laid-back luxury. Residents and visitors alike can savor the fusion of Caribbean and international cuisines at the beachfront restaurants, creating a perfect ambiance for memorable sunset dinners. Kite Beach isn’t just a destination; it’s a lifestyle where the sun, sea, and vibrant community come together to create an extraordinary coastal experience.

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 Cariño 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 don’t 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.

Detail

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    2,606 m²
    Property Size

Updated on June 18, 2024 at 10:45 am

Address

  • Address: Kite Beach, Cabarete
  • City: Cabarete
  • State/county: Puerto Plata
  • Zip/Postal Code: 57000
  • Neighborhood: Kite Beach
  • Country: Dominican Republic

Contact Agent

Pierre Dardelet
  • Pierre Dardelet
  • 809 753 88 06
  • 809 571 09 99
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