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Great Hotel
Location Dominican Rep.
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 4 - 5
Inventory 0
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description This property is located in a park likely ambient only 250m away from the famous Kitebeach Cabarete, 5 min. to the golf course and approx. 3 min. to the center of CABARETE (Windsurfing and kitesurfing championship location).
The medical supply in the north is well developed. Physicians, hospital, international schools, supermarkets, and stylish restaurants with a European flair are available in the closer environment.
These well-kept park like grounds include the main house with a total area of over 430 square meters, built in u-shape. It covers 8 rooms and 7 baths, terraces, open large kitchen, bar and a large hall - very suitable as restaurant or club house, carport for 2 cars. Of course houses for washing, for devices, for the 56 kilowatt generator and the pool house belong to the area as well.
2 single houses with carport for 2 cars, 1 house without carport and 2 apartments. 9 Bungalows each with kitchenette and bathroom.
The 12 units of bungalows with 1+2+3 bedrooms are spread out inconspicuously in this large area.
The pool area with dressing room and bathroom as well as the bar and barbeque area are surrounded by wonderful large palm trees, fruit trees and tropical fruits such as avocadoes, mangos, tangerines, bananas and pineapples. The total area of this wonderful property comprises of 20,600 square meters of land which still offers plenty of space to build at least 40 more bungalows or a big size hotel. It can be divided between two or more partners. The property as it is, its perfect as a holiday area, a private club, private hospital, training center or apartahotel. For sale from private for family reasons. Contact for more information on this Hotel business for sale.
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