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Hotel with 36 rooms for sale in the well-known and good Gazcue area of Santo Domingo.
$1,900,000
—Bedrooms
—Bathrooms
—m² Building
530m² Land
—Parking
Description
This hotel and guesthouse have 36 rooms, 27 of which have air conditioning and rooms with a kitchen. The hotel is valued at USD 3.4 million in 2011. Since then, many improvements have been made such as an advanced telephone installation, an elevator, and an outdoor terrace. It stands on a plot of 530 m2 in a quiet street, close to the Caribbean beach. The hotel also has a separate shop, from which additional rental income is generated. There is a telephone antenna on the roof which also provides more income. The main income of course comes from this well-occupied hotel. It is a stone's throw a...
Highlights
Furnished
Garage
Main Characteristics
ReferenceAVS-947169
PriceUS$1,900,000
TypeOther
FurnishingFurnished
Land Area530 m²
Outdoor & Lifestyle
Terrace
Property Features
Garage TypeCovered
Elevator
Status & Finances
Title VerificationYes
Energy SourceGenerator
Property Price$1,900,000
Down Payment (20%)$380,000
Loan Amount$1,520,000
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%)$57,000
Legal & Notary Fees (~1.5%)$28,500
Bank Fees (~1%)$19,000
Appraisal Fee$350
Total Cash Needed at Closing$484,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingSanto Domingo, Distrito Nacional
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