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ID# C-1691: Hotel Within Walking Distance To Secluded Beach
$1,300,000
1,800m² Building
3,350m² Land
Description
Colonial-style hotel in a good location within walking distance to a secluded beach in a quiet area just a short drive from downtown Sosua. Restaurant, bar, 25 double rooms with en-suite bathrooms, and 4 self-contained apartments with kitchens, large equipped kitchen for the restaurant. Beautiful secluded garden with free-form pool. Needs TLC therefore the price is negotiable.
Highlights
Full A/C
ReferenceAVS-355324
PriceUS$1,300,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area1,800 m²
Land Area3,350 m²
Air ConditioningFull A/C
Title VerificationInfo Not Provided
Property Price$1,300,000
Down Payment (20%)$260,000
Loan Amount$1,040,000
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%)$39,000
Legal & Notary Fees (~1.5%)$19,500
Bank Fees (~1%)$13,000
Appraisal Fee$350
Total Cash Needed at Closing$331,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingSosua
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