Hostel Business For Sale in Monte Cristi
Available on request
One catalogue image. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
Reduced Price! From $440,000 to $396,000
Nestled in the scenic beauty of the northwest, Monte Cristi stands out as a captivating border province, offering an untamed landscape that beckons to those seeking off-the-grid escapades. Located less than a mile from both the beach and a half mile from the center of town, the Salomon Jorge Center is centrally located. With over 8,300 square feet of block and cement construction including 20 bedrooms, in addition to 2,600 square feet of outdoor multi-use space for dining, there is plenty of room for hostel guests. Used as an international language school for more than 10 years by an American non-profit organization, the facility regularly housed more than 60 guests. Also perfect as a language school or mission center.
The people of the Dominican Republic are very internationally connected, with many having family living in the United States, Canada, and Europe. Passionate about music and dancing, baseball, good food, family and friends, Dominicans are vibrant and energetic neighbors. Home to some of the world’s most beautiful beaches and with a pleasant tropical climate, the Dominican Republic makes the perfect location for a hostel.
Last confirmed
- Type
- Guesthouse
- Use
- Hospitality
- Lettable area
- 8,288 ft²
- Occupancy
- 100%
- Land
- Available on request
- Year built
- Available on request
What this listing includes
- Parking
- Restaurant or bar
- Conference room
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


