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Charming Boutique Hotel For Sale in Puerto Plata, Dominican Republic
$730,000
540m² Building
396m² Land
Description
Discover the perfect business opportunity in the heart of Puerto Plata with this clean, fresh, and newly established boutique hotel. Offering an inviting blend of comfort and style, this property features 2 spacious apartments and 5 elegantly designed junior suites, with approved plans for an additional 6 rooms on the third floor—ensuring great potential for expansion and increased revenue.
Upon entering, guests are welcomed into a bright reception area and lobby that exudes elegance and hospitality. This level includes a convenient bathroom for guests and a separate office for efficient oper...
Highlights
Security
Full A/C
ReferenceAVS-169175
PriceUS$730,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area540 m²
Land Area396 m²
Air ConditioningFull A/C
SecuritySecurity System
Title VerificationInfo Not Provided
Property Price$730,000
Down Payment (20%)$146,000
Loan Amount$584,000
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%)$21,900
Legal & Notary Fees (~1.5%)$10,950
Bank Fees (~1%)$7,300
Appraisal Fee$350
Total Cash Needed at Closing$186,500
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.