Lot for sale in San Miguel, Santo Domingo · 3.3 ha

Land for sale in Santo Domingo, Residential Development, 5PVV9634224. Ideal land for housing project development, general commerce, recreational center, etc. Located in the urban development quadrant of San Miguel de Santo Domingo, adjacent to Route 32. Property Summary Land Area: 33,425.50 m2 Frontage: 46.63 m Minimum Lot Size: 90 m² * Topography: 50% flat, 50% manageable slope Land Use: Residential and Commercial (non-industrial) 83 dwellings/hectare 70% coverage Drainage Height: 1.5 times right-of-way (3 stories) Price per m2: $116 SALE PRICE: USD$3,877,358.00 Property Description The lot has an irregular topography with approximately 50% flat, the rest with two slopes. The lot has an ideal frontage for horizontal or vertical housing development. The height of the buildings is calculated based on the width of the road, which is 14.05 m, which, according to the regulatory plan for the area, would allow 7 stories. There is water available for one dwelling, but Since the property is located within the municipality's urban development zone, there should be no obstacle to submitting a preliminary project proposal. Based on the maximum density allowed, a development of approximately 200 houses could be planned. Area Description: This is an area of urban growth interest. The street is adjacent to Route 32, in an area designated for residential condominium development for the upper-middle and upper classes.