Thriving Restaurant Investment opportunity, Cabarete, Puerto Plata
Available on request
One catalogue image. Media provenance, current condition and usage rights are confirmed before an introduction.
The reason to consider it.
This is it! Your Opportunity! Move to the Caribbean and retire on the extra income from this amazing restaurant. This is an amazing deal for this price. Live the life others only dream about! Located in a touristy area by the main corner, right beside the 5-star Millennium hotel. It is sitting on some prime Dominican property, with the potential to build another 4 levels above.
Inside the restaurant, there is a big stage for hosting events. As of now, there is seating for a 120, with the possibility of making it 150. The current owners have replaced most of the furniture with new modern tables, chairs and loungers.
Don’t miss your chance to view this exciting property in person.
Last confirmed
- Type
- Commercial
- Land
- 14,359 ft²
- Use
- Retail
- Lettable area
- 10,764 ft²
- Parking
- 10
- Year built
- Available on request
What this listing includes
- Parking
- Restaurant or bar
- 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
The asking price is not what it costs.
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