Sosúa, Puerto Plata, Dominican Republic
For Sale
$975,000
Apart-Hotel with 25 Studio apartments, 2 of them are double apartment with 2 bedrooms and two baths. All apartments have a small kitchen, air condition, ceiling fan, telephone, cable TV, safety locks, all-electronic safes and balcony with view of the highly transparent pool. For power failures two large diesel sets are present, which work naturally quietly in the background. Pool and outdoor Jacuzzi. Laundry with 1 industrial dryer and 2 regular plus 1 industrial laundry machine and 3 regular Financing available: Down Payment 500,000US$ and 475,000US$ / 4 years at 5% interest per year. The average occupancy at present is 85%. All Apartments including: – Air condition – Kitchenette also with microwave oven – Balcony overlooking the pool – King size beds – Security locks – Hair dryer – Iron and ironing board – Daily room cleaning / change of towels – 24 hour electricity – Use of pool and outdoor Jacuzzi The Hotel in Sosua has very good net yield by best situation in the center of Sosua !!!!! Every apartment has king sized beds, A/C, large mirrors, bathrooms, kitchenette with microwave, wireless Internet and TV. Second floor apartments have balconies looking down onto the pool and sunbathing area. It is quiet on a night and has staff on call 24 hours a day. There is a generator to provide 24 hour electricity should the need arise. It is fully insured covering both hurricanes and earthquakes and has recently had an official independent detailed evaluation that values it in excess of $1.8 million, copy of which will be shown to prospective buyers.
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Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman