489 Room Beachfront Hotel, Fantastic Business Opportunity - Hotels for Sale, Real Estate - Number of Bedrooms: 15+, Number of Bathrooms: 15+ - Sosúa, Puerto Plata, Dominican Republic

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489 Room Beachfront Hotel, Fantastic Business Opportunity
Date & Time Listed: 2012-10-30 15:10:48 (GMT)

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Dominican Republic, Puerto Plata, Sosúa

Ad Details:

PROPERTY IN DISTRESS! IF YOU HAVE CASH MAKE AN OFFER TODAY!

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.

Other Details:

Number of Bedrooms: 15+
Number of Bathrooms: 15+

Price: 14,900,000.00 USD

Keywords:

Ch05 lh0005
For more details about this listing please click here to access the webpage provided by listing owner.

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Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+ Posted From: Dominican Republic, Puerto Plata, Sosúa

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 15+, Number of Bathrooms: 15+
Posted From: Dominican Republic, Puerto Plata, Sosúa