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Unique Boutique Hotel 50 Meters from the Beach For Sale in Sosua
$1,500,000
Sosua, Puerto Plata
1,022m² Building
3,999m² Land
Description
Unique Boutique Hotel 50 Meters from the Beach For Sale in Sosua is compiled of 11 rooms situated in a tropical paradise prime tourist district, within 50 meters of the beach, and offers an incoming owner a growing source of income. Unique Boutique Hotel 50 Meters from the Beach For Sale in Sosua offers easy operations of rooms with a bar and grill business serving National and International Cuisine, and the opportunity for growth if desired. Over the years, this Boutique Hotel have shown nothing but a steady positive return, including the local development within one block of this property in...
As seen on: ambercoastrealty.com
Highlights
Direct Beachfront
ReferenceAVS-406775
Price$1,500,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area1,022 m²
Land Area3,999 m²
BeachfrontDirect Beachfront
ViewOcean Sea
Title VerificationInfo Not Provided
Property Price$1,500,000
Down Payment (20%)$300,000
Loan Amount$1,200,000
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%)$45,000
Legal & Notary Fees (~1.5%)$22,500
Bank Fees (~1%)$15,000
Appraisal Fee$350
Total Cash Needed at Closing$382,850
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.