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Charming hotel close to beach and delights of Sosua
$1,200,000
Sosua, Puerto Plata
688m² Land
Description
This is a well managed and profitable hotel ideally located in the centre of Sosua, The hotel is popular with both families and the independent traveller being so close to the centre of Sosua with its many attractions, bars, and restaurants. As you sit in the garden of this delightful hotel surrounded by the green vegetation and mature tree and palms you will be forgiven for thinking it has been here for decades. But you would be wrong, as it only opened its doors in November 2009. This hotel was conceived, designed, and built by the present owner who was on hand to oversee every inch of its s...
As seen on: ambercoastrealty.com
Highlights
Direct Beachfront
ReferenceAVS-962397
Price$1,200,000
Type of Commercial PropertyCommercial
ConditionCompleted
Land Area688 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Energy SourceGenerator
Title VerificationInfo Not Provided
Property Price$1,200,000
Down Payment (20%)$240,000
Loan Amount$960,000
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%)$36,000
Legal & Notary Fees (~1.5%)$18,000
Bank Fees (~1%)$12,000
Appraisal Fee$350
Total Cash Needed at Closing$306,350
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.