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Beachfront hotel in Cabarete
$2,990,000
1,022m² Land
Description
This 26 room beachfront hotel for sale in Cabarete. Situated on one of the most popular Kite Boarding beaches in the world, this is a very popular hotel for Kite boarders and there are many Kite Schools in the area making it popular for those just starting the fastest growing water sports on the planet! This hotel is turnkey and is currently operational. All the guest rooms are furnished and equipped with air conditioning, fridge and TV. Many of the guests are repeat guests and the owners have built up a very good reputation due to their friendly and helpful service ensuring that the guests en...
Highlights
Direct Beachfront
Security
Full A/C
ReferenceAVS-554055
Price$2,990,000
Type of Commercial PropertyCommercial
ConditionCompleted
Land Area1,022 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Air ConditioningFull A/C
Energy SourceBattery Inversor, Generator
SecuritySecurity System
Title VerificationInfo Not Provided
Property Price$2,990,000
Down Payment (20%)$598,000
Loan Amount$2,392,000
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%)$89,700
Legal & Notary Fees (~1.5%)$44,850
Bank Fees (~1%)$29,900
Appraisal Fee$350
Total Cash Needed at Closing$762,800
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.