12 Studios And 3 Apartments Town Center Sosua
Dominican Republic, a US$460,000 Commercial in Sosua.
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Ref.: co230 Price: US$460,000
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Ref#: co230
Price: US$460,000
Hot Area: Sosua
City: Sosua
Year Built: 1985 |
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Lot Size m2: 737
Building Size m2: 678
Beds: 18
Baths: 16
Floors: 3 |
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Commercial features:
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* Air Conditioning * BBQ area * Backup generator * Balcony * Cable * Fully Walled Property * Fully furnished * Internet * Laundry area * Montain view * Ocean view * Office * Jacuzzi * Swimming Pool *
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Full Property Description: 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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