Guest house close to surfing beach, Suite 50k guaranteed ROI for 2 years Encuentro Beach (Cabarete, Puerto Plata, DO - 57000) Built

$890,000 USD
Financing with 50% down

Ocean Side Realty by REMAX Whatsapp 1-829-648-4141

Joanne Hammond Joanne Hammond 1-829-648-4141 (Office) 809-571-9990 (Office) 1-829-648-4141 (Cell) Request More Info

  • Guaranteed Income 2 years
  • Type: Commercial
  • Style: Commercial
  • Bedrooms: 11
  • Bathrooms: 10
  • Development Level: Built
  • Lot Size: 2000 sq. m.
  • Year Built: 2004

Description

Located just 1/4mile from world-famous surfing beach Encuentro, Cabarete.

This popular guesthouse with great reviews has been operating for 15 years, now looking for some fresh new owners to continue and keep it going.

The property is laid out on a spacious lot of 2000m2 with a beautiful pool, and green areas for enjoying the tropical climate.

The facility consists of 8 studio apartments located in a tropical garden with a pool. Each apartment has a fully equipped kitchen, bathroom, AC, and a terrace with a hammock.

The main building has 5 apartments on the ground floor. The second floor consists of an owner's apartment 1900sqft and 3 bedrooms, open covered terrace.
All is done in tropical style construction with natural materials like stone and cana roofs.

The other 3 studios are separately built near the pool area. Permission to expand with 3 more units, and more land is also available.

Guaranteed cash flow of US$50,000 for the first 2 years for the new owner.
50% owner financing is available.

Contact me for more information on this or other commercial properties here.

Attachments

Highlights

  • 50% downpayment
  • 50k guaranteed income for 2 years
  • Room to expand
  • Close to Encuentro Beach

Features

Extra Features

  • Cable Available
  • Furnished
  • Pets Allowed

Buying Options

  • Owner Finance
Brokered and Advertised by : Sosua-cabarete-Realestate
Listing Agent: Teresia Hägglund de Rosario 18297141947
P2#400972308
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Information is deemed to be correct but not guaranteed. Each office is independently owned and operated