1 / 1
Excellent located Europian style restaurant with large apartments and pool
$980,000
1,000m² Land
Description
Location, location, location. The main issue with running a business in hospitality. This restaurant is located along the main road of Sosua. Is fully successful in business and has also 2 apartments which are always rented out. The return on investment is excellent. The restaurant can host around 100 guests. Is well known and popular in the area. The large kitchen is fully equipped. There is a large office and plenty of storage space. The owners are more than happy to stay on with the business temporarily for a training period. They will pass on all the goodwill to the new owner. The 2 bedroo...
Highlights
Security
ReferenceAVS-442880
PriceUS$980,000
Type of Commercial PropertyCommercial
Land Area1,000 m²
Water SupplyAqueduct
Energy SourceGenerator
SecuritySecurity System
Title VerificationInfo Not Provided
Property Price$980,000
Down Payment (20%)$196,000
Loan Amount$784,000
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%)$29,400
Legal & Notary Fees (~1.5%)$14,700
Bank Fees (~1%)$9,800
Appraisal Fee$350
Total Cash Needed at Closing$250,250
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingSosúa, Puerto Plata
View original