Homey Beachfront B&B in Las Galeras

Las Galeras, Las Galeras

Features

• Oceanview
• Near beach
• Beachfront
• Furnished
• Garden
• Septic
• Cistern
• Terrace

Description

This cozy 9-BR Caribbean beachfront hotel is sitting on two lots and two buildings, one villa and a guestroom building, and it has a large garden area facing the ocean.

The 2-levels 4-BR villa of ~280sqm features a living room with an open kitchen, an office, 2 bathrooms, 4 bedrooms, and a large roof terrace with ocean views.

The guestroom building is built on a single level with 5 guest bedrooms and a terrace. 3 bedrooms have king-size beds and 2 have twin beds. All of them have their own private bathroom, a fridge, and ceiling fans. The suit has also a private terrace with garden furniture and A/C

Among the facilities of the bed and breakfast there are:
+ A fully equipped bar
+ Pizza oven and a grill
+ An independent room for the security guy
+ Laundry room
+ Storage room
+ Two septics with filter
+ 3 water cisterns
+ Fiber optic internet
+ Solar and gas hot water
+ Parking in the backyard for 2 vehicles

Rentals
Rooms are rented at a price of 53-63 USD with an average occupancy rate of 60% and 95-100% in the high season
Expenses of the property: ~25,000RD$/month

A great opportunity in one of the developing areas of Samana
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Location

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Las Galeras

Financials

Utilities: US$440

Maintenance: US$140

Monthly Rev. (50% occupancy): US$15,150

Mngt Costs: US$2,423

Monthly Profits: US$12,148

Legal Fees: US$5,800

Transfer Fees: US$17,400

Yearly Taxes: US$4,130

This listing

Price / SQM: US$1,526

ROI: US$24

Similar listings

Market Price / SQM: US$1,526

Market ROI: US$24

Listing Agent

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US$475,000
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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.