Overview
- Property ID
- SB-0964
- Bedrooms10
- Bathrooms11
- Property Size2,000 m2
- Property Lot Size2,500 m2
Description
Nestled in one of the most impressive locations in Las Galeras, this charming bed and breakfast offers an unparalleled vista that stretches from Playa Rincon to the majestic Cabo Cabrón and beyond, all the way to the boundless expanse of the Atlantic Ocean. This property is a hidden gem, complete with its own private beach and a tiered layout that provides terraces and an infinity swimming pool that seemingly dissolves into the sunset.
The property comprises a total of 5 thoughtfully designed bedrooms and 5 fully equipped 1-bedroom apartments. Among these, an apartment currently under construction is nestled within a captivating cave. The upper-level bedrooms are designed to embrace the ocean view, while the studios are thoughtfully spread across multiple levels, each with its own terrace offering breathtaking vistas of the open sea.
Boasting a remarkable 8 terraces and 2 courtyards, this establishment affords guests the opportunity to savor the natural surroundings from every corner, ensuring an ever-changing backdrop against the backdrop of the cape.
This boutique hotel is a gateway to exploration, with numerous nearby beaches within walking distance and fascinating caves to uncover, once shelter to the indigenous Taino people in the pre-Columbian era.
For those with the vision to embrace a life-changing opportunity and escape the confines of western economies, this property is your chance to run your own dream hotel with unparalleled views and unforgettable experiences
Frequently asked questions
How much is Cozy Hotel with Breathtaking Panoramas?
Cozy Hotel with Breathtaking Panoramas is priced at USD $2,500,000. It is a 10-bedroom, 11-bathroom property of 2,000 m². That works out to about USD $1,250 per square metre.
What rental return can I expect from this property?
The estimated gross ROI is 7.2%. Projected rental revenue is around USD $18,465 per month, with an estimated monthly profit of about USD $15,545. 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 $25,000 and transfer/title tax USD $75,000. Ongoing annual property tax (IPI) is roughly USD $23,330. 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.
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