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Cariibbean Sun prime investment opportunity – 22-Unit Condo Hotel just 600 meters from the beach - El Cortecito
$1,400,000
22Bedrooms
—Bathrooms
—m² Building
2,050m² Land
—Parking
Description
An opportunity of this size is not easy to find in El Cortecito.
This established 22-unit condo hotel sits on approximately 2,050 m² of land, only 600 meters from the beach, right in one of Punta Cana's most popular beach neighborhoods.
And it has character. The property has that unmistakable Caribbean look and feel, with cheerful tropical colors, open-air spaces, lush greenery and a relaxed atmosphere around the pool. It feels warm and inviting rather than like another generic condo development — a style that fits beautifully with its beach-area location.
The property combines 7 studios, 1...
Highlights
Pool
Furnished
Gated
Main Characteristics
ReferenceAVS-258703
PriceUS$1,400,000
TypeCondo
ConditionCompleted
FurnishingFurnished
Bedrooms22
Land Area2,050 m²
Outdoor & Lifestyle
PoolTerrace
Property Features
GatedFull Kitchen
Status & Finances
Title VerificationYes
Property Price$1,400,000
Down Payment (20%)$280,000
Loan Amount$1,120,000
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%)$42,000
Legal & Notary Fees (~1.5%)$21,000
Bank Fees (~1%)$14,000
Appraisal Fee$350
Total Cash Needed at Closing$357,350
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingPunta Cana, La Altagracia
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