Commercial Tract of Land in Puerto Plata City’s Malecon, The Most Exclusive Sector of the City 00257

El Malecon, is Puerto Plata City’s Most Exclusive Sector with a Spectacular View of the Atlantic Ocean, White Sands and Electric Nightlife! This Tract of Land Gives you the Ability and Prestige to be Where the Action is Happening in the City Therefore,  New Breed Investment Group & Julio Moronta Inmobiliaria Proudly Present to You this Crown Jewel!! 

• 💢Location & Relevant Characteristics:
• This Tract of Land is Strategically Located in El Malecon of Puerto Plata, the Most Premium Location in Puerto Plata City & with the Highest Visibility!
• It has an Extension of 13,287.12 m2
• The Size of this Extension of Land, and Its Tourism Office Approved Zoning Gives Investors the Latitude to Develop from Luxury Ocean Front Villas, to Luxury Offices, or Apartment Homes to a Hotel!
• You Can be an Important Part of Puerto Plata’s Growth, & this Property Would Truly Position You at the Very Heart of the Developing Real Estate World of the Dominican Republic
• This Tract of Land Fully Qualifies for the Dominican Republic’s 15 Years Tax-Free Incentive to Attract Foreign Capital Investors to the Country! 
• This Prime Tract of Land Sits Next to the First in the City Spectacular Seven (7) Stories Tower
• At Only 5 Minutes to Amber Cobe Cruise Ship Touristic Terminal, and 18 Minutes to the Gregorio Luperon International Airport
• This Prime Property is Priced to Sell Fast:  USD$480 m2 (slightly negotiable)New Breed Investment Group & Julio Moronta Inmobiliaria Proudly Present to You the Dominican Laws that Offers the Incentives for Tax Purposes and the Lawful Accelerated Pathways to Attain Dominican Residency & Citizenship!
  New Breed Investment Group and its Team of Attorneys Offers you the Needed Advice to Help You Navigate the Requirements to Attain this Important Legal Step!
  • The Dominican Republic offers several Tax Incentives to Attract Foreign Investors Across Various Sectors.
  • Law 16-95 (Foreign Investment Law) – Grants foreign investors the same rights as Dominican nationals, including Capital Repatriation and Legal Protection.
  • Law 158-01 (Tourism Development Promotion) – Provides Income Tax Exemptions for 10 years, customs duty exemptions, and real estate tax exemptions for tourism projects.Also, Law 158-01, known as the Tourism Incentive Law. This law applies to investments in Tourism-Related Projects, including hotels, resorts, and residential developments in designated tourist zones such as Punta Cana, Samaná, and Puerto Plata.Key benefits include:
    • 100% exemption from Income Tax for 15 years.
    • No Transfer Tax on real estate purchases.
    • No Property Tax (normally 1% annually on properties over RD$7.5 million).
    • Duty-Free Imports on goods, equipment, and construction materials.
    • No Capital Gains Tax on real estate sales during the exemption period.
  • Law 57-07 (Renewable Energy Incentives) – Offers tax exemptions and import facilitation for renewable energy projects.
  • Law 171-07 (Retirees & Rentiers Incentives) – Exempts import taxes on personal belongings, 50% off real estate taxes, and tax-free dividends and interest for retirees.
  • Free Trade Zones – Businesses operating in these zones benefit from income tax exemptions, customs duty exemptions, and ITBIS (VAT) exemptions.

  These incentives make the Dominican Republic an attractive destination for investment in tourism, real estate, renewable energy, and free trade zones.

  Are You Seriously Contemplating the Acquisition and/or Investing in these Sectors? If You do, please, contact us at the below contacts, and we’ll set up a Meeting with one of our Attorneys to Offer You the Latest Development of these Incentives and How You Can Take a Slice of this Cake!!

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  📞 For English Assistance:
  Ray Suero, CEO – NewBreedInvestmentGroupSRL.com
  📧 RaySuero@newbreedinvestmentgroupsrl.com | 📱 WhatsApp: +1 (360) 472-3433
  Seattle, WA, USA

  📞 For Spanish Assistance:
  Julio Moronta, General Manager – Caribbean Basin
  📧 Juliomoronta@newbreedinvestmentgroupsrl.com | 📱 WhatsApp: +1 (829) 764-9622
  Puerto Plata, Dominican Republic

  📞 For Spanish Assistance:
  Oscabely Recio, Executive Secretary
  📧 Oscabelyecio@newbreedinvestmentgroupsrl.com | 📱 WhatsApp: +1 (829) 509-6150
  Puerto Plata, Dominican Republic