Caribbean MLSReal Estate

90-bedroom hotel in Cabarete

Available on request

The brief

The reason to consider it.

This property is a 16,000 SqM hotel with 90 bedrooms and 90 bathrooms that is available for sale. It is part of the Cabarete project in Sosua, Puerto Plata.

This property is a unique fixer-upper, a former commercial property that once housed a mix of apartments and bungalows. With renovation and redevelopment, this property has the potential to accommodate up to 90 bedrooms and 90 bathrooms. It’s an ideal investment for those looking to develop a boutique hotel, vacation rental complex, or wellness retreat in the scenic surroundings near Cabarete.

Key Features

  • Prime Location: Just a 5-minute walk from the beach, offering easy access to the shoreline, while being a 10-minute drive from the town center, ensuring peace and tranquility away from the hustle.
  • Expansive Development Potential: Renovate and expand this property to fit up to 90 bedrooms and 90 bathrooms, providing diverse options for development and catering to various guest preferences or business models.
  • High Investment Potential: Cabarete is a rapidly growing destination for tourists and expatriates alike. This property presents a prime opportunity to enter this thriving market and establish a high-demand commercial venture.
  • Customization Opportunity: As a fixer-upper, this property allows for full customization, enabling you to bring your unique vision to life and maximize the property’s potential.
  • Investor Collaboration: Acting as an investor for this project together with the owner is also an option, offering a chance to be part of the property’s transformation and share in the potential profits.
Type
Commercial
Use
Hospitality
Lettable area
172,223 ft²
Land
Available on request
Year built
Available on request

What this listing includes

  • Beach access

What people say about Dominican Republic

Sources agree on the core of buying in the Dominican Republic: foreigners, including non-residents, can generally own registered property on the same terms as Dominicans, but the buyer's own checks do the protecting.

  • Mixed Hire your own independent Dominican lawyer and check the title (and deslinde) yourself
  • Concern Pre-construction projects can stall or lapse; deposits and CONFOTUR claims need verifying
  • Mixed Closing costs and annual tax: 3% transfer tax, legal fees, IPI above a threshold, CONFOTUR exemptions
  • Concern Property managers: fees vary widely and owner experiences are uneven

Read what people say, based on 15 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law