Dominican Republic Real Estate

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Business/Hotel

Reduced 50000.00 Great cash flow business

Sosua, Dominican Republic     DRL# 3856   
$349,000 USD  
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9
Condo Hotel Income Oportunity Center Of Sosua 9

THIS LISTING IS SOLD

Property Description

If your looking to live a dream life in the Caribbean and want something to do that creates income, this is a great opportunity. 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 center 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. This property is priced to sell and will not last long. Monthly rentals the electricity is not included. 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 bedrooms 3 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



Levels: 3Lot Size: 586 m2
Build Size: 500 m2Gated Community: YES
Furnished: YES 




Real estate agent

David Logan

David Logan

DRListings Developer Owner Broker
Dominican Republic

48 listings on DRListings.com

David began his career as a young entrepreneur at the age of 17 when he was hired to manage the car audio department of the local branch of a large Canadian public company with 82 locations across the country. This resulted in him becoming the President's Club Elite member as a top producer in Canada. During this time, David started to purchase and build real estate in Canada while also starting his own international online electronics company. After falling in love with the Dominican Republic (DR) during his travels there, in 2006, at 21 years of age, David constructed his first villa there. During this time, he also met Paul "Chip" Bommarito, who became his partner in the business. With their shared passions for the real estate business they started DRListings, combining David's skills and in internet marketing and construction development with Paul's deep family roots and 25 years of experience working in the DR. Together, they built a large clientele with substantial investment in the country manned by a full staff, including sales people, legal personnel and subcontractors. David and Paul played a significant role in the development of Escondido Bay Playa Laguna beachfront community, which has garnered highly rated reviews for its location and guest experiences. The company is involved in real estate development, new construction and vacation rentals of condos and villas, while providing all the information needed regarding real estate transactions, immigration, relocation and legal counsel in the DR. Over the past eleven years, DRListings has experienced significant international growth and is referred by most investors and sellers.  For more info and completed projects.  https://drlistings.com/about-drlistings/

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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