This is a hotel for sale with 15+ bathrooms and 15+ bedrooms on 81000.00 m2. The area of the land is: 80940.00 m2. This property has the following features:
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The price of this real estate is: 15,000,000 USD.
Situated on just over 20 acres of land this fully operational 489 room hotel is only 15 minutes from
the Puerto Plata airport.
This is a fantastic opportunity for investors looking for a bargain deal that has the potential for
substantial added value for only a minimal investment. This hotel is currently a 3 star and can be
easily upgraded to a 4 or 4.5 star, additionally the 5 acres of beachfront have the potential to be
used for 200 new condominums. Condo-hotels are becoming increasingly popular as end user
investors recognize the benefits of full amenities in investment properties. The proximity to
Cabarete and large beach area make this property the best opportunity on the market.
This hotel has just become non-operational. The seller is willing to consider some financing.
Please Note: Due to the sensitive nature of large size hotel sales the flow of information is
restricted until the seller is convinced of the buyer's eligibility.
In the first instance a confidentiality agreement is required to disclose the name of the hotel.
Thereafter a further NDA and non circumvention agreement may be required.
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