Full Description:

Real Estate in the Caribbean



Sosua Center - Apart-Hotel with 16 apartments and 4 rooms on 20 separate titles for a resale in the Caribbean Investment

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20 separate titles for a resale or running as budget hotel.

purchase price per apartment / room 15,909 resale
about 29,000 usd for a apartment and add a small kitchen to the room and resale as studio apartment for 23,000 usd!

Country: Dominican Republic
City: Sosua
State:
Price: $380,000
Beds: 20
Baths: 20
Floors: 4
Lot Size: 513m²

PRICE REDUCED FROM 450,000 to 380,000 USD

Investment opportunity: Apart-Hotel with 12 studio apartments and 6 rooms and 4 penthouses and perfect organised reception.

! 20 separate titles perfect for upgrading and resale!

Apart hotel with 12 studio-apartments, 4 penthouses, 4 rooms located in a quiet street in the center of Sosua close to the beach and all supermarkets, shops, bars, restaurants, etc...

All studio-apartments, penthouses have a kitchenette.

All rooms and studio apartments and penthouses have balconies.

All rooms are fully furnished. Some of them have ocean view.

The hotel is operating over 20 years.

It's a good oportunity to run a hotel or as an investment for resale, since all rooms have its own title.

Some remodeling / upgrading should be done, but the investor is very flexible with that, because 2 studios can easily put together to get a nice aparment.

Average price per Studio / Apartment / Penthouse

only 19,000 US $

Lot Size: 513 m2 / 5,540 sq. feet

Living Area: 1,000 m2 / 10,764 sq. feet









Home Features

Internet

Security

Telephone

Cable/Satellite TV

Close to the Beach

Fully furnished

Garage

Gated Community

Ocean View

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