AreaVista

For Sale Great Investment Opportunity! Apartment-Hotel Cabarete

$1,600,000
900m² Building
2,417m² Land

Description

Unlock a Premier Investment in Cabarete, Dominican Republic

Reduced from US$1.950,000

Luxurious, Turnkey Multi Family Apartments

This complex features 12 fully furnished units, including six spacious two-bedroom apartments and six elegant one-bedroom apartments. Each unit is thoughtfully designed with open living spaces and expansive balconies, perfect for enjoying the breathtaking coastal views that attract renters year-round.

Exclusive Owner's Retreat

Take advantage of the exclusive two-bedroom owner's apartment, positioned above the grand two-story lobby. This luxurious unit not only p...

Highlights

Security
ReferenceAVS-983220
Price$1,600,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area900 m²
Land Area2,417 m²
ViewOcean Sea
Energy SourceGenerator
SecuritySecurity System
Title VerificationInfo Not Provided
Garage TypeCovered
Property Price$1,600,000
Down Payment (20%)$320,000
Loan Amount$1,280,000
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%)$48,000
Legal & Notary Fees (~1.5%)$24,000
Bank Fees (~1%)$16,000
Appraisal Fee$350
Total Cash Needed at Closing$408,350

* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.