Property Description
El Choco Building Lot
We hereby present a prestigious property located inside an exclusive gated community. Haciendas El Choco, one of the more established communities on the north coast, is host to a plethora of exclusive hacienda style mansions.
This community is unique in the fact that all lots are a minimum of 1 acre in size (4,000m2) with the smallest remaining lot just over 2 acres in size.
Security and tranquility, set inside a tropical lush, Caribbean landscape. This community is blessed with a constant cooling breeze, many mature trees and foliage.
There is a large portion of the project designated to horses and stables, other community features include a tennis court and on-site administration office. All roads within the project are paved, with excellent drainage set up on either side.
Haciendas El Choco – Building Lot Details
The particular lot we are offering on this listing is number 26, which measures 10,000m2 (2.5 acres). The price per m2 works out at only US$17.5/m2 which is almost unheard of when looking at property inside a gated community. There is no extra charge for electrical/water hook up, however there is an additional charge of US$10,000 to hook up to an industrial backup generator, eliminating the need for your own alternative solution.
The yearly common fees of HOA fees are only US$5,000 which equate to less than US$420/month. An absolute bargain when you factor in the quality of this sub-division, the feelings of tranquility and security that you get once inside.
It is worth noting that inside this sub-division, in order to maintain the feeling created by the developer, that there are certain building restrictions, and all plans must be approved by the office before commencement.
For more information on this property or sub-division, contact us today.
Dominican Republic Real Estate For Sale – Haciendas El Choco.