Fixer-Upper Opportunity: Potential 90-Bedroom Commercial Property in Cabarete, Just Minutes from the Beach

US$ 2,060,000

Description

Uncover the vast potential of this unique fixer-upper, a former commercial property that once housed a mix of apartments and bungalows. With renovation and redevelopment, this property has the potential to accommodate up to 90 bedrooms and 90 bathrooms. It’s an ideal investment for those looking to develop a boutique hotel, vacation rental complex, or wellness retreat in the scenic surroundings near Cabarete.

Key Features:

  • Prime Location: Just a 5-minute walk from the beach, offering easy access to the shoreline, while being a 10-minute drive from the town center, ensuring peace and tranquility away from the hustle.
  • Expansive Development Potential: Renovate and expand this property to fit up to 90 bedrooms and 90 bathrooms, providing diverse options for development and catering to various guest preferences or business models.
  • High Investment Potential: Cabarete is a rapidly growing destination for tourists and expatriates alike. This property presents a prime opportunity to enter this thriving market and establish a high-demand commercial venture.
  • Customization Opportunity: As a fixer-upper, this property allows for full customization, enabling you to bring your unique vision to life and maximize the property’s potential.
  • Investor Collaboration: Acting as an investor for this project together with the owner is also an option, offering a chance to be part of the property’s transformation and share in the potential profits.

Seize this rare opportunity to transform a well-located property into a successful business in one of the Dominican Republic’s most popular destinations. Contact us today to learn more and explore the possibilities.

Listing Id: 5206
Price: US$ 2,060,000
Property Lot Size: 16,000 m2
Bedrooms: 90
Bathrooms: 90

City:
State/County:
Country: Dominican Republic

Location
Close to the Beach
Property Features
Electricity Available

Luisa Scacchi

Co-Owner & Manager
Member of: Palm Hills Real Estate S. R. L.

Contact Me

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Luisa Scacchi