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For sale hostel in Monte Cristi
$396,000
776m² Building
1,209.67m² Land
Description
An exceptional hostel property in the heart of Monte Cristi, Dominican Republic, offering spacious accommodations, versatile use, and an unbeatable price.
Property Highlights:
• Lot Size: 1,209.67 m²
•Building Size: 776 m² (8,300 ft²) – solid brick & cement construction.
•Bedrooms: 20 rooms for guest accommodation.
• Additional Space: 2,600 ft² of multi-functional open space – ideal for dining & leisure.
Location Benefits:
✔ Less than a mile from the beach.
✔ Half a mile from Monte Cristi town center.
✔ Authentic community experience – away from crowded tourist resorts.
✔ Easily accessible –...
Highlights
Full A/C
ReferenceAVS-833383
PriceUS$396,000
Type of Commercial PropertyCommercial
Building Area776 m²
Land Area1,209.67 m²
Air ConditioningFull A/C
Title VerificationInfo Not Provided
Property Price$396,000
Down Payment (20%)$79,200
Loan Amount$316,800
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%)$11,880
Legal & Notary Fees (~1.5%)$5,940
Bank Fees (~1%)$3,960
Appraisal Fee$350
Total Cash Needed at Closing$101,330
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingMonte Cristi, Monte Cristi
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