Caribbean MLSReal Estate

Renovated Hotel Complex for Sale in Cabarete

Available on request

The brief

The reason to consider it.

This multifunctional complex in Cabarete presents an exceptional opportunity, located just 2.5 km from the town center and within walking distance of a beautiful, quiet sandy beach. Its versatile design makes it suitable for various purposes, including a hotel, rehab center, training center, retirement home, or medical center.

The property spans a total area of 8302 m2 and is fully walled for privacy, offering parking for 2-3 vehicles. It comprises 37 rooms: 26 regular rooms, 6 penthouses, 1 manager’s room, 1 nursing/doctor’s room, and 3 villas, each with an en-suite bathroom.

Amenities include two large swimming pools, a hot tub, an equipped gym, a tennis court, and volleyball and basketball courts. The on-site restaurant features a fully equipped kitchen, stock room, cold room, an outdoor juice bar, an outdoor dining area, and a large indoor dining area.

Additional facilities include a large ground-floor communal space, a second-floor communal space above a well-maintained movie/social room, a building with a counselling room and large terrace, and a separate counsellor meeting room near the central pool. The complex is sold with complete equipment and is ready for operation.

Utilities and systems include water tanks heated by solar panels for hot water, two recently renovated 100 kw generators, 25 functioning Inverter AC units, and 11 flat-screen TVs (plus one large one for common areas). A camera security system with 8-9 cameras (two needing repair) and an alarm system are in place. The grounds are beautifully landscaped with palm trees, fruit trees, and tropical plants.

Last confirmed

Type
Commercial
Land
89,362 ft²
Use
Hospitality
Parking
3
Interior
Available on request
Year built
Available on request

What this listing includes

  • Pool
  • Jacuzzi
  • Garden
  • Terrace
  • Fitness centre
  • Tennis court
  • Parking
  • Restaurant or bar

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