Well Established Hotel close to the beach

$2,000,000
Financing available

C-62808

Property ID

35,521 SqFt

Land area

3,300 m2

Land area

32

Bedrooms

Description

The hotel offers 32 rooms. In addition, there is a huge private apartment with 120 m2. A kitchen with restaurant, billiards lounge, bar, two story lobby, Italian BBQ outdoor grill, pool, chapel and several storage rooms. Total living area approximately 1,900 m2. The property, extends over two plots and accordingly has 2 land deeds, total area approximately 3,300 m2.

The hotel was built in 1995 in a very solid earthquake resistant style. The foundation is built on a lava hill, and was designed by a German engineer. The hotel is designed in a colonial style. There is a huge cistern that was originally used by the project as a continuous water source from the local water supply. The hotel has its own high voltage connection with a transformer and a 60 KW generator.
There is an option to develop an additional area of 160 m2 above the restaurant. Recently, many small changes have been completed in the construction and maintenance, mainly to ensure energy efficient operation.

Distance to:
Airport: 10.0 km (6.2 miles)
Beach: 0.3 km (0.19 miles)
Supermarket: 0.5 km (0.31 miles)

Monthly utilities: US$ 3500 including water, electricity, security, garbage, pool, garden and cleaning.

Surroundings: Located on the north coast of the Dominican Republic, on the city limits of Sosua, between the luxury urbanizations “Sea Horse Ranch” and “Ocean Village”. Nearby is a beautiful beach in a protected tropical garden. Good access from the main road. Sosua is about 2 km away and Cabarete 8 km.

Address

Address: Sosua
  • Country: Dominican Republic
  • Province / State: Puerto Plata
  • City / Town: Sosúa
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  • Property ID C-62808
  • Price $2,000,000
  • Property Type Commercials, Hotels
  • Property status Financing available
  • Bedrooms 32
  • Year Built 1995
  • Size 20,451 SqFt
  • Size 1,900 m2
  • Land area 35,521 SqFt
  • Land area 3,300 m2
  • Kitchens: 30
  • Levels: 2
  • Noise Level: Quiet
  • Distance to next town: 0.5 km
  • Quality of Soil: Good

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Contact

Luisa Scacchi

Property Agent
Casa El Criollo #27, Carretera Sosua-Cabarete, Cabarete, Dominican Republic
+1 (809) 798-0811
luisa@palmhills.com.do
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