24 Beds 18 Baths Retail in Cabarete , Puerto-Plata, Dominican Republic

  • USD $650K

Description

Copy the links below to:View the property on our website, realtordr.com➡️https://realtordr.com/property/rdr-42998/Visit the profile of the listing agent, Oliver Von Bretten➡️https://realtordr.com/agent/oliver-von-bretten/An exceptional investment opportunity to acquire your own boutique hotel in East Cabarete, La Boca neighbourhood.This property is located just a quick 7-minute walk to the beach and only a short drive to the center of Cabarete. It offers immense potential for investors seeking to capitalize on the growing tourist demand in the La Boca and Cabarete area.The land is 3,074 square meters in size consisting of two parcels. The building and the swimming pool sit on 1,174 m2 and the additional 1,900 m2 parcel is vacant and ready for future expansion.The hotel features 18 apartments consisting of six 2-bedroom and twelve 1-bedroom suites with their own bathrooms and balconies. There is a large common area with space for a restaurant and bar as well as a street front retail shop.The property has been cleaned up and most electrical work has been completed. This boutique hotel property is waiting for the finishing touches to be restored to it’s prime glory. Don’t miss this chance to own a resort business in one of the fastest growing tourist areas in the Dominican Republic.

Details

Updated on July 8, 2024 at 9:53 pm
  • Price USD $650K
  • Bedrooms 24
  • Bathrooms 18
  • Property Type Retail
  • Property Status For Sale
  • MLS# 120085419678
  • Property Agent RealtorDR
  • Agent Phone +1(849)633-1188
  • Address: Cabarete, Cabarete, Puerto Plata
  • City: Cabarete

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