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Boutique Hotel Opportunity in East Cabarete
$395,000
1,174m² Land
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 Are...
Highlights
Direct Beachfront
ReferenceAVS-335557
Price$395,000
Type of Commercial PropertyCommercial
ConditionUnder Construction
Land Area1,174 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Title VerificationInfo Not Provided
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.