Courtesy of Russ Lyon Sotheby’s International Realty
Property Description
Development Site in Madagascar, the island ‘Isabella’ is a natural reserve land; offering two parcels; they can be purchased separately or as a single sale. Permits for hotel, residential, mixed used development, and commercial use are all available. There’s a natural water source on the island. A development proposal with renderings are available. The land is subject to government subsidized development projects. There are six private beaches plus an additional parcel (Makomba) on the main land can be available. (See photos) Closing costs for notary, deed transfer and recording shall be 16% of the purchase price. Property taxes will be calculated on declared value. Seller is open to creative terms; YOU MAKE THE CALL
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Property Details and Features
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Building
- Other structures: “None”
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Listing
- Listing ID: 6279439
- Standard status: Active
- 1019 days on market
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Location
- Subdivision name: Madagascar Development Site
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Lot
- 247105 acres
- 5,059,058 sqft
- “Waterfront”
- “Mountain View(s)”
- “Greenbelt”
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Property
- Zoning: Multi Family
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Taxes
- Annual amount: $5,000
- Lot: –
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Utilities
- “Other (See Rmks)”
- “None”
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This content last updated on May 21, 2024 8:09AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.