Resort for Sale in Cabarete, Puerto Plata, Dominican Republic
Buy an Entire Resort in Dom Rep for the Price of a Penthouse
53 apartments. Each apartment has 1, 2 or 3 rooms.
All of the Apartments have kitchen, dining room, private bathrooms, private terrace with breathtaking views of the beach.
It is called a "boutique" resort. 1.76 acres, 2 minutes from 900 feet of beach.
This beach is internationally known for having the best surfing characteristics in the Caribbean.
1 restaurant, 2 bars, 1 pool, many activities booked daily for the guests.
Puerto Plata International Airport close to the property.
Games, billiard, movie center, gym, internet center.
Great return of European, American & Canadian tourists to the resort.
Future reservations secured. The average yearly occupancy rate is 80%.. Average gross yearly revenue $ 1,500,000 USD. Average net income $ 500,000 USD.
Time share sales & maintenance fee on those contracts. Percentage of time share 40%.
Year built 1990. Total construction square feet 47,000.- At $ 5,000,000 e only thing that you can buy in Miami Beach is a penthouse. With that money you can buy here AN ENTIRE RESORT!!! A tremendous bargain that won't last!
Sorry, no further bargaining: this is an absolutely solid rock bottom price. Call Carlos Raffo from Trust International Consulting Realty, Inc. at (305) 466-1413 or (786) 290-2973
About This Property
Category
Resorts
Sold by
Agent
Address
Cabarete
Puerto Plata
Dominican Republic
Puerto Plata
Dominican Republic
Built
1990
Area
2 Acres
Features - Amenities
- Furnished
- Appliances
- Pool
- Gym/Spa
- Terrace
- Patio
- Ocean View
- There are not "simple" rooms in this exquisite resort.
- All are apartments of 1, 2 or 3 rooms, with private terraces
- All are overlooking the ocean.