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Beachfront Eco Hotel for Sale in Cabarete
$1,950,000
2,750m² Land
Description
Beachfront Eco Hotel for Sale in Cabarete offers a rare opportunity to acquire a fully operating oceanfront hotel on the Dominican Republic's North Coast. Reduced from USD $2,600,000 to USD $1,950,000, this turnkey resort is ideal for investors seeking an established hospitality business with direct beach access. The resort is fully equipped and ready for immediate operation, featuring quality furnishings, private terraces, safes, indoor and outdoor seating areas, and all the amenities required for comfortable guest accommodations. 22 guest rooms with private bathrooms, Approx. 2,750 m² lot, 2...
Highlights
Direct Beachfront
Security
Full A/C
ReferenceAVS-148314
Price$1,950,000
Type of Commercial PropertyCommercial
ConditionCompleted
Land Area2,750 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Air ConditioningFull A/C
SecuritySecurity System
Title VerificationInfo Not Provided
CAM FeesUSD $1,440
Property Price$1,950,000
Down Payment (20%)$390,000
Loan Amount$1,560,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$58,500
Legal & Notary Fees (~1.5%)$29,250
Bank Fees (~1%)$19,500
Appraisal Fee$350
Total Cash Needed at Closing$497,600
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.