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Prime Fixer-Upper with Incredible Potential in Cabarete
$499,000
1,800m² Building
1,909m² Land
Description
Presenting an unparalleled investment opportunity in one of the Dominican Republic's most vibrant and rapidly growing destinations—Cabarete. Located just 500 meters from the world-renowned Cabarete Beach, this property offers immense potential for savvy investors, developers, and entrepreneurs looking to capitalize on its prime location. Property Overview: Land Area: 1,909 m². Living Area: Approximately 1,800 m². Units: 54 fully-equipped studio apartments, 8 commercial spaces, and a mini-market. Whether you envision a luxury resort, a thriving Airbnb operation, or a peaceful retirement retreat...
Highlights
Beach <500m
Garden View
ReferenceAVS-474663
PriceUS$499,000
Type of Commercial PropertyCommercial
Building Area1,800 m²
Land Area1,909 m²
BeachfrontClose access (-500m)
ViewGarden / Land
Title VerificationInfo Not Provided
CAM FeesUSD $0
Property Price$499,000
Down Payment (20%)$99,800
Loan Amount$399,200
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%)$14,970
Legal & Notary Fees (~1.5%)$7,485
Bank Fees (~1%)$4,990
Appraisal Fee$350
Total Cash Needed at Closing$127,595
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingCabarete, Puerto Plata
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