+5 photos
1 / 8
Established Sosua Hotel For Sale, Ready For Its New Owner!
$3,900,000
Sosua, Puerto Plata
4,200m² Building
4,200m² Land
Description
Located in right in heart of Sosua, but still only a couple minutes walk to the beach…this high-traffic resort offers a prime opportunity for investors seeking a turnkey hospitality asset in a popular tourist destination. Just steps from vibrant nightlife, diverse dining options, and boutique shopping, the property benefits from excellent foot traffic and visibility. The resort's 4,200 square meters feature 60 well-appointed guest rooms (two rooms being a 2 bedroom penthouse), a reception area, a souvenir shop, an area for a spa, and a highly regarded restaurant known for its diverse and exten...
As seen on: yourdrbroker.com
Highlights
Direct Beachfront
ReferenceAVS-871044
Price$3,900,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area4,200 m²
Land Area4,200 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Title VerificationInfo Not Provided
Property Price$3,900,000
Down Payment (20%)$780,000
Loan Amount$3,120,000
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%)$117,000
Legal & Notary Fees (~1.5%)$58,500
Bank Fees (~1%)$39,000
Appraisal Fee$350
Total Cash Needed at Closing$994,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.