SOLD
12 studios and 3 apartments town center sosua

Misc ID: dr1_230
Type: Hotel for Sale
Location: Sosua 
Price: US$460,000 (Fixed)
Date published: 07-Mar-2006
Date updated: 07-Sep-2006
Listed by
DR1 Real Estate

Contact Us (Email)
Features:
Lot size: 737 m2
Property size: 678 m2
Bedrooms: 18
Bathrooms: 16
Amenities:
 Furnished     Pool     Balcony     Cable TV   
 Appliances     Laundry Room     Terrace     Mountain View   
 Patio   
Details:
A small hotel complex, the ideal family business set in the heart of Sosua along a one way street, 5 minutes walk to a sandy beach.

Consisting of 12 studios and 3 x 2 bedroom apartments, reception, boutique, open air bar and restaurant, laundry room, whirlpool and swimming pool.

The property comes fully furnished and includes solar water heaters and reserve water tanks both on the roof and in the form of an underground cistern.

The property has been run since it's inception 20 years ago by the same couple who are now looking to retire. Currently only operational in the high season, the complex boasts a high occupancy rate (without tour-operator contracts).

ROOM FOR EXPANSION a 3rd level can be added to the 2 storey building perhaps to be converted into owners/managers living area.

Also as an option at extra cost 6 x 2 bedroom apartments behind this property at a below market rate price.

For more information on this exeptional opportunity to run a business and live in the Dominican Republic contact us via email.
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Contact: 12 studios and 3 apartments town center sosua
Misc ID:  dr1_230
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