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Redevelopment Opportunity in Central Sosúa
$240,000
456m² Building
456m² Land
Description
Discover this redevelopment property for sale in Sosúa, an opportunity for investors and developers seeking a centrally located site with flexibility for renovation or a new development concept. Located in the residential sector of El Batey and within walking distance of several beaches, this former hotel provides a foundation for a condominium, apartment, boutique hospitality, or mixed-use project within the Sosua real estate and Dominican Republic real estate markets. This development property in Sosúa offers 456 m² in a strategic location near the coastline and central commercial areas. The...
ReferenceAVS-239419
PriceUS$240,000
Type of Commercial PropertyCommercial
Building Area456 m²
Land Area456 m²
Title VerificationInfo Not Provided
Property Price$240,000
Down Payment (20%)$48,000
Loan Amount$192,000
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%)$7,200
Legal & Notary Fees (~1.5%)$3,600
Bank Fees (~1%)$2,400
Appraisal Fee$350
Total Cash Needed at Closing$61,550
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingSosúa, Puerto Plata
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