Aqaba land for sale for prime hotel building development in Jordan
Jordan Tax Haven Development land for sale of 6600m2 for outstanding hotel project near Jordanian beach
The Aqabah hotel site has an unobstructed view of the sea protected by a picturesque preserved historic archaeological area. Existing hotels are on each side as this is the best location in town.
The plot is on the left in the extract from the aerial photo below, showing the direct line of sight from the site to the sea.
The planning permission for development
It is understood that permission has been granted:- 7 floors
- 25 m high
- the buliding must not be more 30% of the surface area of the land. This would appear to permit a construction of over 13800 square metres in total divided between the 7 floors.
- the margins from the boudaries should be 15m back from the road, 7m at each side and 10m from the back boundary
Price and contact details
This prime development land is for sale for 25 million US dollars. If you are seriously interested please email aqaba@antibes.co.uk
Further information about the Jordan Tax Haven
The Aqaba Special Economic Zone (ASEZ) is a tax haven in Jordan offering a duty-free, low tax development zone encompassing the entire Jordanian coastline and sea-port with an international airport which operates an Open Skies policy. The historical city of Aqaba has a population of 86,000 people. With an area of 375 Km2 the region offers global investment opportunities in a world-class business environment ranging from tourism and recreational services to professional services and multi-mode logistics, from value-added industries to light manufacturing.The Gulf of Aqaba is strategically located at the crossroads of four countries and three continents. Situated on the Red Sea, the economic zone in Jordan extends to the land borders of Israel and Saudi Arabia and the territorial waters of Egypt. The strategic location, infrastructure, unique natural and human assets, broad market access, and business-friendly environment offers investors a springboard to a variety of regional markets and the global economy.
- The Aqaba Special Economic Zone Authority (ASEZA) in Jordan has put forward a competitive set of incentives that include :
- A flat 5% income tax on the net profit.
- Exemption from social services tax.
- Exemption from annual land and building taxes on utilized property.
- Exemption from taxes on distributed dividends and profits.
- Duty-free import of goods in commercial quantities from the National Customs Territory and verseas.
- No foreign equity restrictions on investments.
- No foreign currency restrictions.
- Full repatriation of profits and capital.
- Streamlined labor and immigration procedures through the one-stop-shop.
- 100% foreign ownership.
- Up to 70% foreign labor.
- Availability of land for lease or sale.
- Full guarantees on rights and ownership.
Jordan tourism
The city is a prime business centre with all that this has to offer. In addition the city is a gateway to one of the most interesting touristic regions of the world and is being developed as a perfect place for holidays by the sea with a good beach and and a world class diving reputation. The Gulf of Aqaba is a nature reserve for one of the most spectacular coral reefs in the world and divers enjoy the sea's unique marine ecosystem. The town provides opportunities for trips to Wadi Rum and the famous hidden city of Petra.
Across the bay of the Red Sea is the famous resort of Eilat
and the local market provides glimpses of delicious food and the colour of local life
The inland country offers tourists the spas of the Dead Sea, the most open and splendid variety of landscape and a visible geological history spanning from before The Flood.
The Red Sea area is becoming an increasingly important tourist destination offering European tourists better facilities and more reliable winter sunshine holiday weather than the Canary Islands. Aqabah is the Sharm El Sheikh of Jordan, offering a wider variety of special interest trips together with the variety to be seen in a general economy "real world" town that one that exists only for tourists.
N.B. The information on this webpage is not be construed as part of any contract. Purchasers should ascertain for themselves all relevant facts upon which they may rely.
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