Typical Caribbean Hotel Residence

 

Property Description

13,455 f² - 1,250 m²

Perfectly maintained Hotel on 3 levels with typical Caribbean design. Located at only a mile or 1.6 km from the beach of Popy, next to Boulevard del Atlantico, the property benefits from an easy, direct 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. The property, 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 which makes it appear like new.

Business history shows 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

Amenities

  • 9 rooms and 5 apartments, capacity of 54 guests

  • Parking for 13 vehicles

  • Outdoor terrace, breakfast area with open bar-kitchen

  • Barbecue area

  • 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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