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Boutique Hospitality & Wellness Investment in East Cabarete
$649,000
Cabarete, Puerto Plata
10Bedrooms
10Bathrooms
700m² Building
917m² Land
—Parking
Description
More than just an income-producing property, this is an opportunity to create a unique hospitality concept in one of the Dominican Republic's fastest-growing tourism and wellness destinations.
Located just 300 meters from the beach in East Cabarete, this 12-unit property is already generating rental income while offering exceptional potential to be transformed into a boutique hotel, yoga retreat, or eco-lifestyle destination.
The property features:
12 units / 13 bedrooms
-10 studios
-1 two-bedroom apartment
-1 master suite
-Large open-air pavilion, ideal for yoga, wellness retreats, worksh...
As seen on: remaxadvance.com
Main Characteristics
ReferenceAVS-459364
Price$649,000
TypeOther
ConditionCompleted
FurnishingUnfurnished
Bedrooms10
Bathrooms10
Building Area700 m²
Land Area917 m²
Status & Finances
Title VerificationInfo Not Provided
Property Price$649,000
Down Payment (20%)$129,800
Loan Amount$519,200
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%)$19,470
Legal & Notary Fees (~1.5%)$9,735
Bank Fees (~1%)$6,490
Appraisal Fee$350
Total Cash Needed at Closing$165,845
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.