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Homey Beachfront B&B in Las Galeras

$ 550,000
Las Galeras

Overview

  • Property ID
  • SB-0632
  • Bedrooms
  • 9
  • Bathrooms
  • 7
  • Property Size
  • 380 m2
  • Property Lot Size
  • 1,840 m2

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

Other Features
Beachfront
Cistern
Furnished
Garden
Near beach
Oceanview
Septic
Terrace

Property Id: 2805371
Price: $ 550,000
Property Size: 380 m2
Property Lot Size: 1,840 m2
Bedrooms: 9
Bathrooms: 7
Property ID: SB-0632
Est Monthly Rental Revenue: USD $15,255
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $12,817
Transfer fees: USD $16,500
Yearly Taxes: USD $3,830
Price / SQM: USD $1,447
ROI: 26.9%

$ 4,834.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,375.90

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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