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Hotel on Kite Beach, Cabarete

$2,999,000
836m² Building
1,022m² Land

Description

For Sale Beachfront Hotel on Kite Beach, Cabarete

A 26-room beachfront hotel in the heart of Kite Beach, Cabarete, offering modern amenities and direct beach access for an unparalleled guest experience.

Property Highlights:

Rooms: 26 well-appointed rooms with modern comforts.

Prime Location: Directly on Kite Beach, a world-renowned destination for water sports.

Amenities:

Outdoor pool with lounge chairs and a wooden deck.

Free high-speed internet for guests.

Affiliated restaurant next door.

Communal kitchen for added convenience.

24/7 electricity with a diesel backup generator.

Hot water, ma...

Highlights

Direct Beachfront
Security
Full A/C
ReferenceAVS-995389
PriceUS$2,999,000
Type of Commercial PropertyCommercial
Building Area836 m²
Land Area1,022 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Air ConditioningFull A/C
Energy SourceGenerator
SecuritySecurity System
Title VerificationInfo Not Provided
Property Price$2,999,000
Down Payment (20%)$599,800
Loan Amount$2,399,200
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%)$89,970
Legal & Notary Fees (~1.5%)$44,985
Bank Fees (~1%)$29,990
Appraisal Fee$350
Total Cash Needed at Closing$765,095

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

External ListingCabarete, Puerto Plata
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Hotel on Kite Beach, Cabarete | AreaVista