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Make a 52% ROI on this Hotel for sale in under 2 years!! (Inquire for more info)
$4,500,000
Sosua, Puerto Plata
4,200m² Building
Description
Popular hotel for sale in Sosua center. MAJOR PRICE REDUCE FROM $5,500,000!!!! This busy resort is located in the middle of Sosua, just steps away from all of the great bars, restaurants, and shops our beautiful beach town has to offer. Well-kept and renovated, this hotel provides accommodations that far surpass any of the resorts in the area. With 4200 square meters of building, the property includes 60 guest rooms, a reception area and souvenir shop, a relaxing spa, and a well-known restaurant offering some of the best cuisine in town. Not to mention, the resort is just a two-minute walk fro...
As seen on: ambercoastrealty.com
Highlights
Direct Beachfront
ReferenceAVS-398245
Price$4,500,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area4,200 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Title VerificationInfo Not Provided
Property Price$4,500,000
Down Payment (20%)$900,000
Loan Amount$3,600,000
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%)$135,000
Legal & Notary Fees (~1.5%)$67,500
Bank Fees (~1%)$45,000
Appraisal Fee$350
Total Cash Needed at Closing$1,147,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.