Business/Hotel

75 BDR Hotel overlooking Ocean World marina and entertainment park. Spectacular view, excellent location and a more than competitive price!! An opportunity second to none.

DRL# 1063
Cofresi, Dominican Republic
$3,900,000 USD  
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Property Description

 

Get yourself a Tropical Dream Hotel at a Once-in-a-Lifetime-Offer!

 

This beautiful hotel was built in the year 2003, the first phase was completed 100%, the second phase at 90%, however it has never been operated as a hotel!

Now the owners decided to sell it at an incredible price of 3.9 Million US$

 

This is what this incredible offer includes:

  • 75 apartments of 1,2 and 3 bedrooms
  • 6,400 m² of floor space
  • 12,000 m² of land
  • apartments with bathrooms, balconies or terraces, living room or kitchen
  • some apartments with Jacuzzi
  • generous floor space of 50m² to 150m² per apartment
  • high value finishing with Spanish tiles and Mahogany doors and windows
  • layout in Mediterranean style
  • 3 swimming pools
  • tennis court
  • 2 restaurants
  • mini golf
  • gym
  • storage space
  • power plant (250kW)
  • 3parking lots at different levels

Less than 1 km distance to:

  • Casino,
  • Marina
  • Ocean Park
  • mayor hotel complex with further restaurants

This hotel will need a renovation and completion of the second phase to be done in reasonable time. This absolutely attractive location has been upgraded only recently with the grand opening of the marina and the Casino with its entertainment program only a stone’s throw away. This is not only a once-in-a-lifetime money making opportunity, it is also an absolutely charming property that will only gain in value over time. CALL NOW for an appointment to visit this property!

 





Levels: 7Lot Size: 12000 m2
Build Size: 6400 m2 




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Real estate agent

Chip Bommarito


Chip Bommarito

DRListings Owner Broker

452 listings on DRListings.com

Licensed Real Estate Broker. After going to School at Altos De Chavon, Dominican Republic in 1986 for design, I returned to the States to open my own design company. In 1990 I received my real-estate license and started buying and selling real-estate in Michigan. In 2003 I moved to Arizona and worked in the mortgage business and also pursued my art career, in painting American Indians. I've been back and fourth to the Dominican Republic for over 25 years. I have a large network of family and friends in Real Estate that I work with. Let my years of experience assist you in attaining your real-estate goals here in this beautiful Caribbean Island.

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Information About Cofresi

Cofresi is located in Puerto Plata, often referred to as simply Puerto Plata, is the capital of the Dominican province of Puerto Plata, and is the eight largest city in the country.

Source: Cofresi Wikipedia page