Business/Hotel

SOLD SOLD SOLD

DRL# 4443
Sosua, Dominican Republic
$325,000 USD  
Condo Hotel Building With Commercial Space
Condo Hotel Building With Commercial Space
Condo Hotel Building With Commercial Space

THIS LISTING IS SOLD

Property Description

Financing with 140,000 Down 185,000 at 6%

This building is located right on the main strip and consists of 3 commercial units which were renovated and 9 condo units were newly constructed in the back. These units are right in the centre of everything and provide a great rental income. The best thing about this business is the low overhead. For less the 500.00 dollars a month the bills are covered which includes the water, internet, maid service, security, and cable tv. Each condo unit is metered separately for the electric consumption in which long term tenants would pay. Sosua beach, restaurants, supermarkets and the night life is all in walking distance.

Commercial spaces: 250-500 monthly
BRAND NEW CONDOMINIUM BUILDING (500 sm of construction) LOCATED ON 586 Sq M OF LAND THAT CONTAINS : 9 APARTMENTS (AC, hot water, fan, kitchen, bathroom) of various sizes from studios to 2&3 bedrooms
COMMERCIAL SPACES COMMON AREA WITH LAUNDRY AND BARBECUE, ALL APARTMENTS AND COMMERCIAL SPACES HAVE INDIVIDUAL CONTRACTS FOR WATER - ELECTRICITY - CABLE TV BACK UP ELECTRICITY AND WATER SYSTEMS ON SPOT FACILITIES : AC, 24 H ELECTRICITY, 24 H WORM /COLD WATER, WIRELESS INTERNET, Full furnished for hotel use




Bedrooms: 9Bathrooms: 10 or more
Levels: 2Lot Size: 586 m2




Real estate agent





listings on DRListings.com

Information About Sosua

Sosúa is a small town in the Puerto Plata province of the Dominican Republic. Located approximately 4 miles (6.4 km) from the Puerto Plata International Airport (POP), the town is accessed primarily by Camino Cinco, or Highway 5, which runs much of the length of the country's North coastline.

Source: Sosúa Wikipedia page