AreaVista

HOTEL

$3,200,000
Las Terrenas, Samaná
20Bedrooms
20+1Bathrooms
m² Building
6,303.23m² Land
10Parking

Description

The property covers 6,367.00 m², with 60 lineales of beachfront, and includes a 24-room hotel; and the buyer can expand it by 24 additional rooms, bringing the total to 48 rooms, in accordance with the density approved by the tourism authorities for the area where the property is located. The property is registered under the new Law 108-05 on Real Estate Registration in the Dominican Republic.

Auto-translated from Spanish
As seen on: wcarrilrd.com

Highlights

Furnished

Main Characteristics

ReferenceAVS-223688
Price$3,200,000
TypeOther
ConditionCompleted
FurnishingFurnished
Bedrooms20
Bathrooms20
Powder Rooms1
Land Area6,303.23 m²

Outdoor & Lifestyle

GardenBalcony

Property Features

Parking Spaces10

Status & Finances

Title VerificationInfo Not Provided
Property Price$3,200,000
Down Payment (20%)$640,000
Loan Amount$2,560,000
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%)$96,000
Legal & Notary Fees (~1.5%)$48,000
Bank Fees (~1%)$32,000
Appraisal Fee$350
Total Cash Needed at Closing$816,350

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