Caribbean, Central American, Mexico and South American Resorts, Business and Investment Properties for Sale

 

 

 

Oceanfront Hotel, Dominican Republic



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Full Description: Located cliff front on the ocean this 240 room (120 condominums with titles) property is perfect for a condominum hotel development The buildings are located on just under 6 acres and the price includes an additional 15 acres of development land with some of the most spectacular views in the Caribbean. This property is currently non-operational and has been closed since 2001. It requires major renovations but the building is structurally sound. This is the perfect property for an exclusive condominium hotel. Year Built: 1990 An additional 161,688m2 (over 40 acres) of additional beachfront land also available, with approvals for a marina project in place. This land is also ideal for an exclusive beachfront condominium!
Status: Active
Reference Number: 299/C4-125 LH
Property Location: Caribbean
Country: Dominican Republic
Property Size: 83900 sq. m./ 21 Acres
Number of Rooms: 240
Improvements, SQ. FT, Meters: 18,841 sq. m. /198,931 sq ft
Price: $18,000,000

Listed by Lyle Burke





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