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Date & Time in the Dominican Republic: Tue, 07 Feb 2012; 06:59 AM   
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Real Estate in the Dominican Republic



Project Summary
Project ID: H-180   Special!
Place: Cabarete
Description: Hotel with 90 rooms, 19 apartments and owner house. Renovation necessary, cost of renovation approx. 1,5 Mio. USD!!!

The lot where the hotel and apartments are situated is approx. 10.000 m2. Further near the beach there is a lot of 1,900 m2 which is also owned by the hotel. There is an opportunity for further development. Building permits are in place or can be arranged.

- 90 rooms including bathroom, 197 beds
- 6 studios with bathroom and small kitchen, 12 beds
- 65 hotel rooms with bathroom, approx 130 beds
- 19 apartments, 55 beds
- 2 Restaurants
- Bar
- 4 swimming pools (including which 2 small ones)
- 2 shops
- Fitness area
- Air-conditioning in some parts of the hotel
Lot: 129,168 square feet (12,000 m2)
Price:
Only valid until: 31.03.2012
(950,000 USD)
495,000 USD
Distance To: Airport: 25.0 km (15.53 miles)
Beach: 0.5 km (0.31 miles)
Supermarket: 4.0 km (2.48 miles)
Extra-Info:
Noise Level: Quiet
Quality of Soil: Good
Surrounding Area: The hotel is located within a quiet residential area with private homes, other hotels, restaurants and bars. Only 800 meter to the beach.

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Exchange Rate to the Dominican Peso on
Tue, 07 Feb 2012

USD: 38.8
CAD: 38.91
EUR: 50.72
GBP: 61.18
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