Hotel in Cabarete, Dominican Republic

Puerto Plata region, Cabarete
$585,000
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For Sale

Description

ID: 80558

Hotel for sale in Cabarete near the beach

This investment hotel for sale in Cabarete offers 54 residential units, eight commercial spaces, a swimming pool and great potential for renovation just 500 meters from the beach. The three-level complex requires renovation and can be converted into a boutique hotel, an apartment complex, a cohabitation project, a wellness center, a hostel or a multifunctional complex.

▪ 54 studio-style living spaces
▪ 54 bathrooms
▪ Eight commercial premises
▪ Mini market on site
▪ Three-level concrete building
▪ Large swimming pool
▪ Spacious common areas
▪ Laundry
▪ Possibility of arranging a roof terrace
▪ Multiple sources of income for residential and commercial purposes
▪ Suitable for conversion into a hotel or apartment
▪ No fees from the HOA
500 meters from the beach

Hotel complex of 54 apartments – 585,000 USD
building area 1800 m2 | plot 1909 m2 | 54 bathrooms | 8 commercial premises | Swimming pool | No HOA fees

The existing structure provides a solid foundation for renovation, modernization and complete commercial redevelopment. The flexible layout allows investors to create short-term rental properties, long-term apartments, a boutique hotel, a retreat center or a multifunctional hotel complex.

It is located about 500 meters from the beach and five minutes from the center of Cabarete. Supermarkets and basic services are about four minutes away, Encuentro Beach is about 15 minutes away, and Gregorio Luperón International Airport is about 30 minutes away.

Location

Puerto Plata region, Cabarete
$585,000
Dominicana Property
+34675301493
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Hotel in Cabarete, Dominican Republic