Beachfront Hotel for Sale, Dominican Republic

Beachfront Hotel for Sale, Dominican Republic
Caribbean, Dominican Republic
Property is Sold $6,000,000 USD - Resorts
931 m2 59 Rooms

4 Star Beachfront Hotel in Cabarete

Property consists of:

  • 1 small building on the street (rented to a surf shop > income)
  • 2 main buildings (4 stories each) of a total of 59 rooms with lobby, front office, storage areas and laundry
  • 1 restaurant building on the ocean with kitchen/office/storage, restaurant area over 2 stories which seats
    up to 80
  • 1 multi-purpose building on the ocean (rented to a Windsurf/Kitesurf-Center and a beachwear boutique >
    income) with a 2nd floor storage and a roofed area
  • All buildings and areas are very well maintained and renovated on a yearly basis.

Location/location: Right in the Center of Cabarete
1 main building right on the main street/highway
1 main building right on the ocean with pool/restaurant/bar area
Frontage:
To street: 25 meters (with 2 parking spaces in front of entrance)
On ocean: 33 meters

Total buildings: 1,513.5 m2
Store on street: 70 m2
Main building on street: 387.50 m2
Main building on ocean: 666.00 m2
Public Restaurant area (completely renovated in 2006) 240 m2
Bar area with Water sport Center and Boutique: 150 m2
All sqm are aprox.

Hotel (2 buildings):
Rooms:
29 Standard rooms of approximately 12.35 m2 each
(1 room is currently used as a Massage Center/Day Spa)
6 Standard Oceanside rooms of approximately 30.81 m2 each
5 Comfort Rooms of approximately 45 m2 each
13 Comfort Oceanside Rooms of approximately 38.11 m2 each
2 Comfort Studios with small kitchen of approximately 61.74 m2 each
(1 Studio is currently used as an office/employees kitchen)
1 Junior Penthouse Room of approximately 30.5 m2
2 Senior Penthouse Rooms of approximately 39.6 m2 each
1 Comfort Apartment (1 bdrm/1 bthrm / small kitchen) of approximately 62.00 m2
All Hotel rooms are completely furnished and offer a/c & fan, cable TV, phone, SDSL Internet connection in room, balcony or terrace and have all ensuite bathrooms with a shower, toilet, sink, hair dryer.

General Information:

The Hotel has 2 generators of 350KW and 300KW (shared with the Aparthotel next door) for emergency
back up. This service is also sold to businesses in the neighborhood > income.

State-of-the-Art biological water treatment plant based on bacteria and oxygen, extended and updated in
2006.

This service is also sold to businesses in the neighborhood > income.

Access between the reception building and the ocean building is via a small public cul-de-sac only
partially accessible for small cars, the rest is closed for any motored traffic.

Existing contracts with mostly European Tour-Operators. Well known on National and International market.

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