Overview
- Property ID
- SB-0242
- 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.