HOTEL INVESTMENT OPPORTUNITY IN SOSUA

Hotel Investment Opportunity: Comprising of the following three groups of properties: A condominium of one hundred and twenty (120) apartments with 2 bedrooms each, of six different sizes and distributions, with the versatility of being able to be operated as condominiums or as a hotel of 240 rooms classified as follows: 80 Suites (93 m2 each), 80 Superior (58 m2 each) and 80 simple or standard rooms (30 m2 each); built in 10 blocks of buildings of three levels: 6 buildings facing the sea and 4 buildings facing the mountain; totaling 14,102.60 square meters of construction. In addition, it has 20 spaces of 43 square meters each one, for commercial uses with the possibility of becoming small rooms or studios if is desired, adding 430 square meters of construction. This area also has a large pool. It is built on an area of land of 17,895.00 square meters that has about 214 linear meters of facing the sea. A building with 3,518.75 meters of construction, on 4 levels, built on the shores of the beach in a land of 6,001 square meters. This building is known as “The Club House” and it has a large covered marquee, Lobby areas, Administrative Offices, two uncovered terraces (of 400 and 200 mt2 ), two covered rooms for conventions or multiple uses (400 and 200 m2 ), three restaurants with their kitchens and bars, swimming pool, disco and bar, laundry, dining room employees, spaces for two elevators and a service forklift, storage area, stairs and bathrooms on each floor. An area of 50,022 square meters, with 285 linear meters facing the ocean and adjacent with the two buildings described above. These lands are prepared for construction of a second stage or expansion consisting of some 260 more rooms. In them are built the parking lots at the entrance of the project. Summary of areas: AREAS (IN METERS2) LAND DESCRIPTION CONSTRUCTION 1.- 120 APTS. AND 20 COMMERCIAL 17,895.00 14,962.60 2.- CLUB HOUSE (PLOT 56-B) 6,001.00 3,518.75 SUB-TOTAL 23,896.00 18,481.35 3.- LAND EXPANSION 50,022.00 GENERAL TOTAL 73,918.00 18,481.35 For a virtual tour of the property, don’t forget to check the video below or you can check our Dominican Republic MLS YouTube Channel here. Any questions you might have, don’t hesitate to get in touch, and if you would like to see this property and to get to know the general area, we’d be more than happy to show you around. Sosua Real Estate, Cabarete Real Estate, Puerto Plata Real Estate