+1 809-377 08 86
Cabarete Center 16 beds economic hotel for sale Dominican Republic
Price: $ 599,000
City: Cabarete
Price: $ 599,000
Bedroom(s): 16
Bathroom(s): 17
Floors: 3
Price: $ 599,000
Bedroom(s): 16
Bathroom(s): 17
Floors: 3
Status: Active
Full Description:
B & B HOSTEL INCOME!
Dominican Republic Cabarete
$599,000
Lot Size: 950 sq. m.
Year Built: 2000
For sale for $150,000 LESS than a similar hotel nearby, that is the same size but without the pool and gardens.
This is the best return on investment in Cabarete for a small hotel.
We may consider a % down and lease to own over a short period, one year perhaps.
Great for a retired couple who want to be active but not work too hard. we have a manager, gardener and maid service.
Live the Caribbean dream! The Hotel is a great value, family run business and the only Hotel in Cabarete in this price range. It has 7 rooms, 7 Studios with kitchens, a one bedroom apartment and an Owners Apartment with 2 floors and 2 bedrooms and 1.5 bathrooms.
Total: 16 Due to the location, the good rates and a high rating on Tripadvisor this place is always busy. Seller will train buyer.
Well trained manager who handles almost all the work. Maid has been here for 20 years.
Brings in as much as $8,000 USD per month in high season. Low operation costs, around $1,500 per month.
During the last high season from Dec. 15 through Easter, it was 100% booked most of the time. This is the only hotel that routinely sends walk in customers to other hotels as we are full up.
Sell that house and/or business up north, and spend the next years running your own Caribbean Hotel in the world famous and popular beach town of Cabarete.
This Hotel has a great location just a few meters walk from the golden sandy beaches and turquoise waters of Cabarete Bay. You can walk in either direction for many miles.
Not only is it located near the beach, but also your guests will be able to cool off in the swimming pool which is surrounded by lush tropical gardens. It is just a short few minutes walk to all of the many restaurants & bars, shops, banks, etc., that Cabarete has to offer.
Being sold with a great reputation and a excellent web site. Income: During high season the income is around $500 per night.
This is a marvellous opportunity for a semi-retired couple who would like an income and still have time to relax. Good staff. One maid has been here 15 years.
The Hotel has a large unused reception room that could be used as a store area to sell tourist items.
It has a Breakfast and Lunch Restaurant (currently leased out to Claro, one the the most popular breakfast and lunch bistro's in Cabarete) that could be extended to evening hours and bring in more income.
For more details and financials email or call me.
Improvements: In the past two years over $55,000 has been spent on the hotel building and furniture. We have new pumps, tanks, water heater, WIFI routers, taps, 10 new fridges, mattresses, beds, windows, ceramics, AC, curtains and recently a new roof for most of the hotel.
Features at a glance Fast Internet/ADSL AirCon Balcony Close to Beach Cable/Satellite Close to Town Fans Finance Available Furnished Garden Municipal Water Parking Pool Sea View Telephone Terrace Bedrooms: 16 Bathrooms: 17 Sleeps: 36
B & B HOSTEL INCOME!
Dominican Republic Cabarete
$599,000
Lot Size: 950 sq. m.
Year Built: 2000
For sale for $150,000 LESS than a similar hotel nearby, that is the same size but without the pool and gardens.
This is the best return on investment in Cabarete for a small hotel.
We may consider a % down and lease to own over a short period, one year perhaps.
Great for a retired couple who want to be active but not work too hard. we have a manager, gardener and maid service.
Live the Caribbean dream! The Hotel is a great value, family run business and the only Hotel in Cabarete in this price range. It has 7 rooms, 7 Studios with kitchens, a one bedroom apartment and an Owners Apartment with 2 floors and 2 bedrooms and 1.5 bathrooms.
Total: 16 Due to the location, the good rates and a high rating on Tripadvisor this place is always busy. Seller will train buyer.
Well trained manager who handles almost all the work. Maid has been here for 20 years.
Brings in as much as $8,000 USD per month in high season. Low operation costs, around $1,500 per month.
During the last high season from Dec. 15 through Easter, it was 100% booked most of the time. This is the only hotel that routinely sends walk in customers to other hotels as we are full up.
Sell that house and/or business up north, and spend the next years running your own Caribbean Hotel in the world famous and popular beach town of Cabarete.
This Hotel has a great location just a few meters walk from the golden sandy beaches and turquoise waters of Cabarete Bay. You can walk in either direction for many miles.
Not only is it located near the beach, but also your guests will be able to cool off in the swimming pool which is surrounded by lush tropical gardens. It is just a short few minutes walk to all of the many restaurants & bars, shops, banks, etc., that Cabarete has to offer.
Being sold with a great reputation and a excellent web site. Income: During high season the income is around $500 per night.
This is a marvellous opportunity for a semi-retired couple who would like an income and still have time to relax. Good staff. One maid has been here 15 years.
The Hotel has a large unused reception room that could be used as a store area to sell tourist items.
It has a Breakfast and Lunch Restaurant (currently leased out to Claro, one the the most popular breakfast and lunch bistro's in Cabarete) that could be extended to evening hours and bring in more income.
For more details and financials email or call me.
Improvements: In the past two years over $55,000 has been spent on the hotel building and furniture. We have new pumps, tanks, water heater, WIFI routers, taps, 10 new fridges, mattresses, beds, windows, ceramics, AC, curtains and recently a new roof for most of the hotel.
Features at a glance Fast Internet/ADSL AirCon Balcony Close to Beach Cable/Satellite Close to Town Fans Finance Available Furnished Garden Municipal Water Parking Pool Sea View Telephone Terrace Bedrooms: 16 Bathrooms: 17 Sleeps: 36
This listing has been viewed 450 times.
