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Interesting business opportunity!
$1,200,000
847m² Building
Description
Well run hotel conveniently located in the center of town and only 2 minutes walking distance to a wonderful beach. 16 rooms with one apartment with 1 bedroom, one 2 bed/2 bath apartment and a large 2 bed/2 bath apartment. Commercial space and cozy restaurant on the first floor. All amenities are located within walking distance. If you are looking to own a beautiful hotel, don't look any further.
As seen on: dominicanrepublicmls.com
ReferenceAVS-855584
Price$1,200,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area847 m²
Title VerificationInfo Not Provided
Property Price$1,200,000
Down Payment (20%)$240,000
Loan Amount$960,000
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%)$36,000
Legal & Notary Fees (~1.5%)$18,000
Bank Fees (~1%)$12,000
Appraisal Fee$350
Total Cash Needed at Closing$306,350
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.