Project of boutique hotel steps from the beach

Built: 6,845 ft² / 736 m²

Lot: 15,875 ft² / 1.475 m²

On a lot of 15,875 ft² / 1.475 m², this future hotel will contain a total construction area (without parking) of 7,920 ft² / 736 m² and a total living space of 6,845 ft² / 636 m². The lot is located in a quiet, touristic and residential area at 3 minutes’ walk from the “Popy” beach and 5 minutes’ walk from the restaurants, shops, and banks of the village of Las Terrenas.

There will be 7 individual suites with a private tropical garden and independent access to the pool, which is in the extension of each garden. The 7 suites are on one level; 3 of them have additional mezzanine. They will feature different surfaces with a double bedroom, bathroom with shower or bath-tub, covered terrace and a private garden. The Master Suite will offer a private Jacuzzi.

There will be an apartment on the second floor, situated above the lobby that is intended for the accommodation of either, the guests of the hotel, or for the hotel managers. It will offer 2 bedrooms, 2 bathrooms, a kitchen, a living room and a balcony overlooking the pool.

The pool will be the central element that integrates the suites as well as common areas. The vegetation, lighting along with its emphasis on the elegant décor, enhance the feeling of well-being and tranquility. Common areas include parking, reception, bar-restaurant, massage room, swimming pool, solarium, garden, laundry, storage area and an area for employees.

The hotel where each of its occupants will feel just as good or even better than "at home" with complete privacy, due to its exclusive and cocooning atmosphere, specifically for its high level of comfort this hotel will be offering a unique experience to guests. Sold furnished and ready to operate.


Confotur

The hotel is placed under the law Confotur (Law 158-01) since September 2019. This regulation gives access to tax exemption for 15 years, and is renewable to maturity of these 15 years.

The tax advantages of this regulation are:

- Property transfer tax exemption (3% of the purchase amount)

- Annual Property Tax Exemption (IPI 1%). Exemption from tax on profits

- Exemption from tax in case of capital increase, sale (for example in case of resale of the property), contributions in kind.


Location

 

Asking Price: US$895,000


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