Hotel for sale in Cabarete, Sosúa, Dominican Republic
Available on request
5 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
The brief
The reason to consider it.
Part of the Cabarete project in Sosua, Puerto Plata, this income-producing commercial property is a short walk to the beach.
- Plot area: 246.16 m²
- Built area: 140 m² (two buildings of 70 m² each)
- 3 toilets
- One building configured as a restaurant with covered outdoor terrace; 35 seats total (15 indoor, 20 outdoor)
- Both commercial spaces currently generate USD 1,600/month in combined rental income
- Second building suitable for restaurant, salesroom, workshop, studio or similar use
Offered for sale as a hotel/commercial asset (Unit ID: U6146604). NOI, cap rate and occupancy are not stated in the source.
- Type
- Commercial
- Land
- 2,648 ft²
- Use
- Hospitality
- Lettable area
- 1,507 ft²
- Tenants
- 2
- Year built
- Available on request
What this listing includes
- Terrace
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
Cost of entry
The asking price is not what it costs.
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