$20,000,000
1234 Madagascar Development Site Land, -
Outside of USA,
MLS# 6279439

1234 Madagascar Development Site Land, -, Outside of USA,
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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

Details
Documents
Contract Information
Current Price: $20,000,000
List Price: $20,000,000
Status: Active
List Date: 2021-07-27
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: C90
House Number: 1234
Street Name: Madagascar Development Site
St Suffix: Land
Lot #: -
City/Town Code: Outside of USA
Zip Code: 00000
Country: Other
County Code: Other
Assessor's Map #: 19
Assessor's Parcel #: 192
Add'l Parcels: Yes
Assessor Number: 192-19-192
Subdivision: Madagascar Development Site
Tax Municipality: OUTSIDE ARIZONA
Taxes: 5000
Tax Year: 2021
Marketing Name: Isabelle
General Property Description
Apx Total Acres: 247105
Apx Total Acres G/N: G
Price Per Acre: 80.94
Apx SqFt: 5059058.4
Price Per SqFt: 3.95
Apx SqFt G/N: G
Lot Size Dimensions: N/A
Horses: Y
Zoning: Multi Family
Flood Zone: No
Remarks & Misc
Directions: Access by boat from harbor Fort Dauphin in 20 minutes.
Status Change Info
Status Change Date: 2021-08-24
Legal Info
Lot Number: -
Pmt & Rate Info
Equity: 20000000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: N/A
Existing Land Use: Other (See Rmks)
Zoned Presently: Other (See Rmks)
Potential Use: Single Family; Multi-Family; Commercial; Industrial; Agricultural; Office; Retail; Hotel/Motel; Ranch; Recreational; Rural; Other; See Remarks
Parcel Size: 80.00 - 119.99 Acres
Current Density: Other (See Rmks)
Proposed Density: 40+ Units P/Acre
Development Status: Raw Land; Plans Available; On Site Imp Needed
Land Features: Waterfront; Mountain View(s); Greenbelt
Elevation: Sea Level 1,000 Ft
Elevation Source: Topo Survey
Vegetation: Natural Vegetation
Land Configuration: Irregular Shape
Road Responsibility: City Maintained Road; County Maintained Road; Private Maintained Road; Road Maintenance Agreement
Traffic Count: Unknown
Freeway/Highway: Other (See Rmks)
Topography: Level; Rolling
Existing Structures: None
Water: None; Other
Sewer: No Sewer/Septic
Electric: None; Other (See Rmks)
Gas: None; Other (See Rmks)
Distance to Cable: None
Distance to Phone: None
Distance to Water: On Property
Distance to Electric: None
Distance to Gas: None
Distance to Sewer: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional; Seller May Carry; Lease Purchase; Owner May Lease Land; Trade
Use Restrictions: Other (See Rmks)
Reports/Disclosures: Development Pln Aval
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Fencing: None

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: January - 23 - 2024

1234 Madagascar Development Site Land, -, Outside of USA, - MLS# 6279439
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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