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Cabarete - INVESTMENT! BeachFront ***Hotel 500 Rooms - Listing ID : 877

Listed by Christian Vogt - Dominican Republic Real Estate - Type : Commercials,Beachfront

Christian Vogt: 7/24 Hotline : +1 ( 8 0 9 ) 3 7 7 - 0 8 8 6

Price: US $ 16,500,000
Location: Cabarete
Status: Active



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Price per unit US $ / sq feet: 19.16
Price per unit US $ / m2: 206.23
Bedrooms: 500
Bathrooms: 514
:
Lot size (m2): 80,004
Lot size (sq feet): 7,432
Lot size (acre): 20
:
:
Floors: 3
Distance to beach (miles) : 0
Monthly maintenance fee: Call For Price
Distance to airport (miles) : 12
Noise Level 1=very quiet: 1

Home Features
  • Air Condition
  • Cable/Satellite TV
  • Internet available
  • Ocean View
  • On the Beach
  • Owner Financing available
  • Pool
  • Project Generator
  • Security
  • Telephone Line available
  • Whirlpool

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Description: Cabarete: ***BeachFront Hotel 500 rooms

OWNER FINANCING!

SPECIAL OFFER! HOTEL AND VILLAS NEED SOME RENOVATION! RESALE AS BEACHVILLAS AND/OR CONDOS! ONLY PRICE FOR THE LOT IS ATTRACTIVE 187,5 USD / m2 or 17,42 / sq. feet!

20 Villas on the beach ( 18 with 4 rooms, 2 with 3 rooms )

300m BeachFront Line

Lot Size: 80.004 m2 / 20 acres

Situated on just over 20 acres of land this 489 room resort is only 15 minutes from the Puerto Plata airport.

This is a good opportunity for investors looking for a bargain deal that has the potential for substantial added value for only a minimal investment.

This hotel is currently a 3 star and can be easily upgraded to a 4 star.

Additionally, the 5 acres of beachfront has the potential to be used for 200 new condominums.

Condo-hotels are becoming increasingly popular as end user, investors recognize the benefits of full amenities in investment properties.

The proximity to Cabarete and large beach area make this property the best opportunity on the market.

This hotel closed in May 2008 and was fully operational until that time. The seller is willing to consider some financing.

We find this resort surrounded by beautiful gardens and the longest stretch of beach in Puerto Plata with endless sunsets.

A wide range of room options, both in buildings and villas; home-like gastronomy and full entertainment programs, this resort is ideal for the young, outdoors and adventures travelers.

300 Superior rooms

Equipped with two double beds, air conditioning, cable TV, telephone, safety deposit box ($), terrace or balcony. All rooms have garden or pool view.

189 Standard rooms

Equipped with one double bed, ceiling fan, safety deposit box ($). All rooms have terrace or balcony with garden view.

The most of them has telephone, air conditioning and cable TV. Connecting rooms available upon request.

3 Bars / 3 Restaurants

3 swimming pools and 2 children pool areas

24-hour medical services ,Telecommunication services
Babysitters
Scuba diving school,
Horseback riding,
Tours desk,
Gift shop,
Excursions

Nearby Attractions:

Windsurf, Bodyboard and Kiteboarding at Cabarete beach
Night entertainment
Massages
Bicycles
Golf (35 minutes)


Dominican Republic Construction

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"NEW" : Christian Vogt: 7/24 Hotline : +1 ( 8 0 9 ) 3 7 7 - 0 8 8 6


Listed by: Christian Vogt


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