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Commercial Property Generating US$59,400 Annually in Kite Beach
$595,000
507m² Building
700m² Land
8Parking
Description
💼 Safe investment with immediate return If you are looking for an investment that generates income in the short and long term, this commercial space is ideal for you. Located in Cabarete, just minutes from Kite Beach, one of the most dynamic and tourist areas of the north coast. 💰 Sale price: US$595,000 📈 Proven profitability ✔ Approximate annual return of 10% ✔ Annual income of US$59,400 ✔ Stable cash flow from day one 🏢 Property features • 4 commercial spaces • 3rd level: 1 apartment with: • 1 bedroom • 1 bathroom • Living room • Kitchen and dining area • Terrace with sea view 🌊 • Balco...
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Highlights
Ocean View
Security
ReferenceAVS-373100
PriceUS$595,000
Type of Commercial PropertyCommercial
Building Area507 m²
Land Area700 m²
ViewOcean / Sea
Water SupplyWater Tank
Energy SourceBattery Inversor
SecuritySecurity System
Title VerificationInfo Not Provided
Parking Places8
Property Price$595,000
Down Payment (20%)$119,000
Loan Amount$476,000
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%)$17,850
Legal & Notary Fees (~1.5%)$8,925
Bank Fees (~1%)$5,950
Appraisal Fee$350
Total Cash Needed at Closing$152,075
* 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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