Typical Caribbean Hotel Residence
13,455 f² - 1.250 m²
Perfectly maintained hotel on 3 levels with typical Caribbean feel. Located at only a mile (or 1.6 km) from the beach of Popy and next to Boulevard del Atlantico, the property benefits from an easy road access to “El Limon” waterfalls, the center town, “El Catey” airport, and the other beautiful beaches of Las Terrenas.
The hotel is decorated with taste using mainly locally handcrafted items made out of tropical wood. It is nestled in a tropical garden and surrounded by lush vegetation comprises:
One 3-bedroom apartment on the 1st level, currently occupied by the tenants
1 Studio for 2 guests with private bathroom and kitchen
1 apartment of 2 bedrooms with kitchen, living room, bathroom, for 6 ppl.
1 apartment of 2 bedrooms with kitchen, living room, bathroom for 8 ppl.
1 apartment of 2 bedrooms with kitchen, living room, bathroom for 5 ppl.
3 standard rooms with double bed each with its own bathroom and independent entry for a total of 6 ppl.
4 rooms “Deluxe” with bathroom, each room for 4 ppl.
1 “Economy” room with bathroom, for 2 ppl.
1 “Deluxe” room with bathroom and private terrace, for 2 ppl.
The total capacity of the hotel allows for 54 guests. In the common areas guests can relax and have breakfast by the large terrace and outdoor kitchen-bar. There are also several lounge areas, a barbecue area, TV area, large parking for 13 vehicles and common restrooms by the reception. The 3rd floor was built in 2018 adding an extra 5 rooms. The whole property is very well managed and maintained.
The business historical numbers show good net returns on investment around 10% yearly on average. The hotel scores 9.1 on Booking and counts 350+ reviews.
Sold fully furnished and equipped with all legal documents in order
9 rooms and 5 apartments, capacity of 54 guests
Parking for 13 vehicles
Outdoor terrace, breakfast area with open bar-kitchen
Lounge areas and TV area
Laundry room and rooftop terrace to dry the laundry
110V - 220V inverter
Private well and cistern with emergency water pumps
Automatic electricity generator in case of power cut
Double internet providers in case of breakdown and automatic wifi usage control
Price in USD: $850,000
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