Oceanfront Resort

$599,000

C-20968

Property ID

16

Bedrooms

Description

Since 10 years, this small beach resort was closed and unused at the beach of Sabaneta and is waiting for a new owner which brings this little resort back into life.
A complete renovation is necessary, since the buildings are partly already very decayed.

The facility consists of several individual buildings.
With direct view to the beach is a completed apartment with three bedrooms, two bathrooms, living room with open kitchen and balcony. Below are three residential units planned as hotel rooms.
In further two-storey buildings, there are 4 further hotel rooms as well as four apartments with one and two bedrooms.
Furthermore under construction a garage, a restaurant, a bar with sun terrace, an open, covered billiard room and an administration building.
According to the present and approved plan, three more buildings can be created.
The purchase price refers to an acquisition to the current state.
Financing possible with a down payment of 50% and an interest rate of 8% for financing up to max. 3 years.
Directly adjacent is another 14,000m2 beach property available for $ 75, -US / m2.

Price:

Only valid until: 31.12.2018

(890,000 USD)
599,000 USD

Distance To:

Airport: 40.0 km (24.84 miles)
Supermarket: 5.0 km (3.11 miles)

Surrounding Area:

The property is located apart from the tourist-centers at a quiet and unaffected nature beach. Approach from the main road approx.. 5 km on well developed and new paved road.

Address

Address: Sabaneta
  • Country: Dominican Republic
  • Province / State: Santiago Rodríguez
  • City / Town: Sabaneta de Yásica, Sabaneta de Yásica
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  • Property ID C-20968
  • Price $599,000
  • Property Type Commercials, Hotels
  • Bedrooms 16
  • Land area 64584 SqFt / 1.4826 Acre
  • Stockwerke: 2
  • Lärmpegel: Leise
  • Bodenbeschaffenheit Gut

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Contact

Ronaldo Scacchi

Property Agent
Casa El Criollo #27, Carretera Sosua-Cabarete, Cabarete, Dominican Republic
+1 (809) 877-2634
ronaldo@karibik-invest.com
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