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Perfectly Located Hotel In The Heart Of Cabarete Just Across From The Beach: ID# C-2016

$2,500,000
2,880m² Building
4,000m² Land

Description

Conveniently located hotel in the heart of Cabarete and just across from the beach with a superb range of accommodations situated on peaceful, tropical grounds with lovely views. The hotel includes 70 fully furnished units such as standard rooms, studios, bungalows, and apartments. By virtue of the way the hotel has been developed, there are three distinct types of accommodation:

1) Economic: 28 small, individual bungalows (tropical construction), perfect for those clients looking for a holiday in a secluded place, close to nature.

2) Comfort: 15 rooms and 14 studios, with views overlooking th...

Highlights

Direct Beachfront
Security
Full A/C
ReferenceAVS-301937
PriceUS$2,500,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area2,880 m²
Land Area4,000 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Air ConditioningFull A/C
SecuritySecurity System
Title VerificationInfo Not Provided
Property Price$2,500,000
Down Payment (20%)$500,000
Loan Amount$2,000,000
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%)$75,000
Legal & Notary Fees (~1.5%)$37,500
Bank Fees (~1%)$25,000
Appraisal Fee$350
Total Cash Needed at Closing$637,850

* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.

External ListingCabarete
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Perfectly Located Hotel In The Heart Of Cabarete Just Across From The Beach: ID# C-2016 | AreaVista