AreaVista

Restaurant with two apartments Sosua

$1,050,000
Sosua, Puerto Plata
1Parking

Description

This very well-known Swiss restaurant is situated on the main street from Sosua to Cabarete and has been very popular with the locals for many years. The property comes with the main restaurant and 2 apartments (currently rented out long term). The restaurant is highly profitable and have many regular customers, serving delicious Swiss and European style home cooked food at reasonable prices and are also well known for their events music and theme events. They are also the only spot on the North coast that are famous for fondue amongst other specialties. This is the place to be for OCTOBER FES...

Highlights

Full A/C
ReferenceAVS-183483
Price$1,050,000
Type of Commercial PropertyCommercial
ConditionCompleted
Air ConditioningFull A/C
Water SupplyWater Well
Energy SourceGenerator
Title VerificationInfo Not Provided
Parking Places1
Property Price$1,050,000
Down Payment (20%)$210,000
Loan Amount$840,000
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%)$31,500
Legal & Notary Fees (~1.5%)$15,750
Bank Fees (~1%)$10,500
Appraisal Fee$350
Total Cash Needed at Closing$268,100

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