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Listing 23-16 Perfect Property for a Hotel or Housing Community with Main Road Frontage in Samana
$5,500,000
43,013m² Land
Description
With 100 meters (328 feet) of beach on Samana Bay, this beautiful property is a diamond in the rough just waiting to be polished. It has frontage on the primary highway from Samana to Las Galeras and is a convenient distance to the bustling center of Samana town, where the new showplace waterfront is currently under construction. Ideal for investors interested in either a profitable apartment, hotel, or in creating a condominium beachfront community. The property was partially renovated commencing in 2018. Concrete buildings create a foundation towards completely refurbishing this idyllic proj...
Highlights
Direct Beachfront
ReferenceAVS-901091
PriceUS$5,500,000
Type of Commercial PropertyCommercial
Land Area43,013 m²
BeachfrontDirect Beachfront
Title VerificationInfo Not Provided
Property Price$5,500,000
Down Payment (20%)$1,100,000
Loan Amount$4,400,000
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%)$165,000
Legal & Notary Fees (~1.5%)$82,500
Bank Fees (~1%)$55,000
Appraisal Fee$350
Total Cash Needed at Closing$1,402,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingSamana, Samaná
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