Dominican Republic Real Estate Land & Villa Consultants

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Sosua (Puerto Plata, DO)
$750,000 USD
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ImmoMexx - Group
ImmoMexx - Samana


Klaas Vleesenbeek
 
Klaas Vleesenbeek
Email Klaas
 
Phone: +1(829) 898-0607
Cell: +1(829) 898-0607
 
Details

Address: Plaza Europa, Sosua Type: Commercial Style:  Lot Type: Corner
 
Description

A new appraisal ( Nov 6th. 2009 ) shows the total value of the Hotel is US$ 1,844,008.39.

The hotel exist for 13 years now under the same owner and most of his staff is working there al that time.

The hotel has separate titles for all thats left for sale; 36 condominiums, the swimming pool area, the Jacuzzi area, the restaurant, the nightclub and the laundry.
They have renovated the restaurant in June, they split of a small part that will serve as a take out and made a new entrance for the restaurant/bar, through the street and through the hotel, they placed windows everywhere so while sitting in the restaurant the noise outside would not bother the clients anymore, both kitchens are fully equipt (professional) and after a paintjob they opened the restaurant in December 2010.

The nightclub has an entrance through the hotel and also from the street. ( still closed )

The hotel had 55 condominiums of which 20 have been sold, most of them are rented out in the season because the owners won't have to pay maintenance fees then for the whole year ( so he sold them, but still rents them out )

The restaurant can be sold separate for US$ 170.000or leased out
The nightclub can be sold separate for US$ 80.000 or leased out.
The 1 bedroom condominiums, there are 27 of them ( 44 M2 ) can be sold for S$ 34.500, 5 Junior Suites can be sold for US$ 40.000 and 3, 2 bedroom condominiums ( 60 M2 ) can be sold for US$ 48.000 and 1, 3 bedroom can be sold for US$ 75.000 which must be possible within 2 years.
Done that you can still operate a 55 room hotel on which you can make a profit.
Partly ownerfinance available for the right candidate

Amendeties:
Closed community
Security 24 h
Electricity 24 h
Furnished
Telephone / Internet
Aircondition
Cable TV
Warm water 24 h
Pool
Outdoor jacuzzy
Reception 24/7
Administration
Wireless internet
Electronic safety box
 
Features
Interior Features
▪ Ceiling Fan ▪ Hot Tub / Spa ▪ Laundry Room
Appliances
▪ Double Oven ▪ Dryer ▪ Freezer
▪ Garbage Disposal ▪ Generator ▪ Indoor Grill
▪ Microwave ▪ Oven Range ▪ Refrigerator
▪ Refrigerator - Bar ▪ Stove ▪ Washer
Exterior Finish
▪ Stucco
Cooling
▪ 3+ Window / Wall Unit
Roof
▪ Spanish / Clay Tile
Lot Features
▪ Swimming Pool
View
▪ Downtown
Extra Features
▪ Balcony ▪ Cable Available ▪ Controlled Access
▪ Furnished ▪ High Speed Internet Available ▪ Lobby
▪ Security Guard on Duty
P2#21246297

Information is deemed to be correct but not guaranteed.



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