Overview
- Property ID
- SB-0005
- Bedrooms24
- Bathrooms28
- Property Size1,500 m2
- Property Lot Size3,827 m2
Description
Beachfront Hospitality Compound on Playa Popy $3,600,000 — Punta Popy, Las Terrenas This beachfront property sits at the entrance of Las Terrenas, directly on Playa Popy — one of the most walkable and visited beach sections in the Dominican Republic. Set on 3,800 m² of land with 70 linear meters of oceanfront, it combines large-scale beachfront commercial land with an income-producing operation already in place — a rare combination at this scale on Playa Popy. On the beach side, an open dining area with tables and chairs on the sand serves guests directly from the restaurant across the street, creating a distinctive seaside dining setup just steps from the water. The main complex includes: • A covered beach bar of approximately 50 m² (538 ft²) • A 300 m² (3,230 ft²) restaurant under a traditional Palapa roof • A pizzeria-restaurant • A swimming pool with poolside bar, used for breakfast and cocktail service • Reception and back-of-house areas Several activity providers operate from the property under rental agreements — including a kite-surf school, diving club, excursion agency, and spa — bringing daily foot traffic and complementary income to the core hospitality business. Accommodation comprises 16 duplex bungalows with Caribbean character, one modern studio apartment, and a seven-bedroom penthouse with ocean views in the adjacent building (included in the full package). Total: 24 bedrooms and 28 bathrooms across 1,500 m² of built area. Valuation and income An independent valuation commissioned by a Dominican bank assessed the real estate at USD 3,200,000, supporting the underlying asset value of the base package. The operation generates revenue across three streams: • Bungalow hospitality: operator projection of approx. USD 315,000 annually at a $90 average daily rate and 60% occupancy. • Condo and studio rentals (full package only): operator projection of approx. USD 170,000 annually at $300–$500 per night across 25–30 weeks of use. • Commercial rentals (activity schools, spa, secondary food outlets): approx. USD 66,000 annually from agreements in place. Combined revenue potential: in the range of USD 500,000+ annually under the operator-projected scenario. Full P&L, tenant agreements, occupancy history, and the bank valuation report are available to qualified buyers on request, subject to NDA. Renovation and redevelopment The property is currently operating and generating income, but the existing structures reflect their age. It is best suited to a buyer with renovation, repositioning, or full redevelopment in mind — leveraging the existing cash flow during design, permitting, and construction. The beachfront land itself is the long-term value: parcels of this size, location, and oceanfront length rarely come to market in Las Terrenas. Pricing • Base package (hotel, restaurants, and associated businesses): USD 2,740,000 • Full package (including the adjacent building with the seven-bedroom penthouse and studio): USD 3,600,000 A rare opportunity to acquire one of the largest remaining beachfront commercial parcels on Playa Popy, with an operating business in place that can be modernized, rebranded, or fully redeveloped.
About Punta Popy
Punta Popy is one of Las Terrenas' most vibrant beachfront neighborhoods — golden sand, consistent Atlantic swells and a lively beach scene, all within easy walking distance of the town center.
Frequently asked questions
How much is Beachfront Hotel with Restaurant on Playa Popy?
Beachfront Hotel with Restaurant on Playa Popy is priced at USD $3,600,000. It is a 24-bedroom, 28-bathroom property of 1,500 m² in Punta Popy, Las Terrenas. That works out to about USD $2,400 per square metre.
Where is Beachfront Hotel with Restaurant on Playa Popy located?
The property is in Punta Popy, Las Terrenas, on the Samaná peninsula of the Dominican Republic. Punta Popy is one of Las Terrenas' most vibrant beachfront neighborhoods — golden sand, consistent Atlantic swells and a lively beach scene, all within easy walking distance of the town center. See all listings and a full neighbourhood guide on our Punta Popy area page.
What rental return can I expect from this property?
The estimated gross ROI is 9.5%. Projected rental revenue is around USD $28,607 per month, with an estimated monthly profit of about USD $15,287. These are estimates based on comparable rentals in the area; actual returns vary with season, management, and occupancy.
What are the closing costs and taxes on this property?
Typical one-time closing costs for this property are approximately legal fees USD $36,000 and transfer/title tax USD $108,000. Ongoing annual property tax (IPI) is roughly USD $34,180. Atlantique Sud walks every buyer through the full cost breakdown before closing.
Can foreigners buy this property in the Dominican Republic?
Yes. Foreign buyers have the same ownership rights as Dominican citizens and can hold full freehold title (Certificado de Título) in their own name — no residency or citizenship required. Atlantique Sud handles the due-diligence, title search, and closing through a Dominican attorney.
Is financing available for foreign buyers?
Most purchases in Las Terrenas are completed in cash. Some developers offer staged payment plans on pre-construction, and a few local banks lend to qualified foreign buyers at higher rates than in North America or Europe. Contact us to review the current options for this listing.