Large Beachfront Resort - Financing Available for Sale in Cabarete, Puerto Plata, Dominican Republic
489 Room Beachfront Hotel in Cabarete - Reduced!!
This is a fantastic opportunity for investors looking for a bargain deal that has the potential for substantial added value for only a minimal investment. This hotel is currently a 3 star and can be easily upgraded to a 4 or 4.5 star, additionally the 5 acres of beachfront have the potential to be used for 150 new condominums. Condo-hotels are becoming increasingly popular as end user investors recognize the benefits of full amenities in investment properties. The proximity to Cabarete and large beach area make this property the best opportunity on the market.
Please Note: Due to the sensitive nature of large size hotel sales the flow of information is restricted until the seller is convinced of the buyer's eligibility.
In the first instance a confidentiality agreement is required to disclose the name of the hotel. Thereafter a further NDA and non circumvention agreement may be required. Furthermore the seller will require a letter of interest on the buyer's company letterhead. The company should also provide a company profile and adequately show proof of funds. At some point the seller will provide basic financial information and occupancy rates. Full financial disclosure is only available during a site inspection.
Brokers and buyers are respectfully asked to review the procedure before contacting us for further information.
Please check our website for more fantastic opportunities
About This Property
Category
Hotels
Sold by
Company
Address
Cabarete
Puerto Plata
Dominican Republic
Puerto Plata
Dominican Republic
Area
81,000 m2
Features - Amenities
- Furnished
- Appliances
- Laundry Room
- Pool
- Tennis Court
- Gym/Spa
- Balcony
- Cable TV
- Ocean View
- Ocean Waterfront
- 5 acres - 20,000m2 of beachfront
- Currently 3 star can be renovated to 4 star
- Operational
- Only 15 minutes from International airport
- Lowest price per key for beachfront on the market!!