AreaVista

Boutique Hotel Opportunity in East Cabarete

$395,000
24Bedrooms
18Bathrooms
—m² Building
1,174m² Land
—Parking

Description

This is a rare chance to own a boutique hotel in the desirable La Boca neighborhood of East Cabarete. Perfectly positioned just a 7-minute walk to the beach and a short drive from Cabarete's bustling center, this property is a prime opportunity for investors looking to capitalize on the area's booming tourism industry.

Property Highlights

Land Area: 1,174 m² featuring a building and a spacious swimming pool.

Accommodations:

18 apartments:

6 two-bedroom suites

12 one-bedroom suites

Each unit includes private bathrooms and balconies, perfect for guests seeking comfort and privacy.

Common Areas...

Highlights

Beach
<500m
Pool

Main Characteristics

ReferenceAVS-335557
PriceUS$395,000
TypeOther
FurnishingUnfurnished
Bedrooms24
Bathrooms18
Land Area1,174 m²

Outdoor & Lifestyle

BeachfrontClose access (-500m)
PoolBalcony

Property Features

Status & Finances

Title VerificationUnknown
Property Price$395,000
Down Payment (20%)$79,000
Loan Amount$316,000
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%)$11,850
Legal & Notary Fees (~1.5%)$5,925
Bank Fees (~1%)$3,950
Appraisal Fee$350
Total Cash Needed at Closing$101,075

* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.

External ListingSosua, Puerto Plata
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