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Investment Opportunity Apartment Complex

$435,000$1,673

Detail

  • Price Per M²: $1,673
  • Living Area (M²): 260
  • Land Size (M²): 1000
  • Bedrooms: 5
  • Bathrooms: 7
  • Parking Spaces: 3
  • Property Type: Apartment complex, Bed & Breakfast, Commercial, Hotels
  • Property Status: For Sale

Description

Investment Opportunity Apartment Complex

Welcome to this remarkable investment opportunity in the heart of the vibrant and touristic town of Cabarete, located in the beautiful Dominican Republic. Presenting a highly sought-after commercial property, this apartment hotel complex is now available for sale with a clean title, providing a secure and hassle-free transaction. Turn-key and fully operational, this is an excellent opportunity for those looking to invest in a profitable venture.

Nestled within an attractive and secure gated residential community, this complex enjoys a prime location on the lagoon side of Cabarete, offering tranquility and privacy, while still being in close proximity to the town center and all the exciting attractions this destination has to offer.

This apartment hotel complex features five well-appointed and fully furnished one-bedroom apartments, each designed to cater to the needs of discerning travelers. Situated on a generous 1,000 square meter lot, this property encompasses a well-designed two-story house with a ground floor area of 105 square meters and an equally sized second floor plus a second bungalow with around 50sqm. Each apartment within the complex is thoughtfully designed to provide a cozy and functional living environment.

The units have been meticulously maintained and are currently rented, ensuring an immediate and steady stream of income. Whether you are an experienced investor or someone seeking a business venture that can provide a sustainable living, this property is an ideal choice.

In addition to the comfortable accommodations, residents and guests will have access to a refreshing swimming pool, creating a perfect oasis for relaxation and enjoyment. The close proximity to the beach allows for easy access to the stunning coastline, making it an attractive destination for tourists.

Cabarete is renowned for its thriving tourism industry, attracting visitors from around the globe who come to experience its world-class water sports, stunning beaches, and vibrant nightlife. The combination of natural beauty, adventure, and a welcoming community has made Cabarete a popular vacation spot, ensuring a consistent demand for accommodations.

Convenience and comfort are further enhanced by the inclusion of a laundry area, ensuring residents and guests have easy access to essential facilities. Additionally, a cistern, pool pump/filter, backup power batteries, and inverters are available to ensure uninterrupted services.

For added convenience, there is a storage casita and a dedicated parking lot with space for two cars, providing ample room for residents and visitors.

Regarding maintenance expenses, an approximate monthly estimate can be provided upon request, ensuring transparency for potential buyers and investors.

With its diverse range of apartment sizes, well-appointed features, and a host of amenities, this commercial property presents an exceptional investment opportunity in the thriving Cabarete area. Don’t miss the chance to acquire this property and capitalize on its potential for a steady income and long-term growth.

 

 

 

Address

  • City: Cabarete Bay
  • State/county: Puerto Plata
  • Neighborhood: ProCab
  • Country: Dominican Republic

Contact info

Marcel Glaser
Marcel Glaser

Inquire about this property

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