Carretera Sosúa-Cabarete, Sosua, Puerto Plata

Puerto Plata
Dominican Republic

Price
$2,200,000.00
Category  Commercial
Listing Type
For Sale
Building Type
Other
Year Built
1989
Building Size
82195 SF
Lot Size
1379.00 AC

Description
SOSUA-CABARETE The price has been drastically reduced for quick sale. At this price it shows a Cap Rate of 10.72% (for 2011) before taxes! This is a fantastic, vibrant little hotel! Don't let your ticket to live in paradise get away!This hotel is centrally located on the North Coast within a few minutes on foot from the extensive Cabarete Beach. Originally built as a condominium project, it was converted into a successful hotel and has been run for over two decades serving a faithful clientele. Here is what you get: 60 titles; 51 units with a total of 89 bedrooms; 4 common units (offices, laundry, etc.); restaurant with large kitchen; Tiki bar; pool; gazebo; dual generators; and over 5,500 sq m of land! There is a total constructed area of 7,639 sq m. Each unit is slightly different from the other due to the unique design of these buildings. United by their individuality they tastefully surround a splendid pool and patio area, with Tiki bar and fine restaurant. You are only a few minutes on foot from the beach, a few minutes by car to Cabarete and all its services, less than 10 minutes by car to Sosúa and all its services, 20 minutes by car to the Porto Plata airport, and 20-30 minutes from several world-class golf courses. Twice annually there are Jazz Festivals held in Cabarete, there is an annual Kite Surfing competition, and many other special events that are designed for family entertainment. The hotel offers your guests a splendid alternative to the ‘all inclusive’ hotels. Many prefer to live in the local flavour without the inconvenience of the local noise and hubbub. This is the ideal place for them! Guests can choose between their own culinary skills and the hotel fine dining.Get your offer in before this ticket to living in the DR is gone!
Features
Balcony
Laundry Washer / Dryer
Pool
Waterfront View
Beach Access
On Site Spa or Exercise Facility
Map
Address
Advertiser
Realty Giant Dominican Republic
Victor Williams Associate Broker RGDO

Bavaro
Dominican Republic
Ask your Dominican Republic real estate broker or agent; "are they licensed." Realty Giant DO founded by 3 successful partners, created Realty Giant DO from the input of clients just like yourself.

Victor Williams a successful licensed Real Estate Broker, licensed in the United States has 2 decades of real estate experience as and real estate investment, REO sales, and BPO asset manager.

Our second founding member; Johan Confidente is a licensed Dominican Attorney, with years of experience; specializing in real estate, immigration, accounting, deeds, trusts, and investment management.

Lastly, Shaheed Tamir; has years of security, property management, site evaluations, rentals, site and investment management.

Experience the Realty Giant difference. Professionalism, strong customer and client service, virtually guaranteeing a fast, smooth, secured, and protected transaction.

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