Affordable Hotel Facility In The Caribbean For Sale
Available on request
One catalogue image. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Far from the big city of Santo Domingo and the lavish resort area of Punta Cana, Monte Cristi is still unknown to international tourists. This beautiful and historic beach town is home to approximately 40,000 friendly and welcoming citizens. Just two hours from the Santiago international airport (STI) which is a two hour flight from Miami, Monte Cristi is home to El Morro National Park, the beautiful Monte Cristi pier and malecon, the Jose Marti and Maximo Gomez museum, and the clock tower designed by Gustave Eiffel, of Eiffel tower fame! This property is located adjacent to the historic Manolo Taverez Park, just a few blocks from the center of town, and less than a mile from the beach.
Last confirmed
- Type
- Guesthouse
- Use
- Hospitality
- Lettable area
- 5,070 ft²
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- Beachfront
- Parking
- Restaurant or bar
- Hotel-managed
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
The asking price is not what it costs.
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