Property is Sold $7,000,000 USD - Hotels
This well established 59 room Cabarete beachfront hotel is located on one of the North Coasts most popular regions. Known for its international flavor and offering a host of activities including world Kite Surfing, music festivals, a variety of water sports, and beautiful white sand beaches.
Located in the center of Cabarete where you will find a variety of beachfront restaurants and bars, and spectacular sunsets.
The Dominican Republic beachfront hotel consists of:
- 2 main hotel buildings (4 stories each) of a total of 59 rooms with lobby, front office, storage areas and laundry
- Restaurant on the ocean with kitchen/office/storage, restaurant area over 2 stories which seats up to 80
- 1 small retail building on the street (rented to a Surf Shop)
- Additional storefronts on the ocean currently rented to a Windsurf/Kitesurf-Center and a Beachwear Boutique.
- All buildings and are well maintained and maintenance performed on a yearly basis.
Frontage:
- Street: 25 meters frontage
- Ocean: 33 meters (100 ft)
Total land: 2,179,87 m2
Total buildings: 1,513.5 m2
- Store on street: 70 m2
- Main building on street: 387.50 m2
- Main building on ocean: 666.00 m2
- Public Restaurant area (completely renovated in 2006) 240 m2
- Bar area with Water sport Center and Boutique: 150 m2
- All sqm are approx.
Beachfront Hotel (2 buildings):
- 29 Standard rooms of approximately
(1 room is currently used as a Massage Center/Day Spa) - 6 Standard Oceanside rooms.
- 5 Comfort Rooms
- 13 Comfort Oceanside Rooms of approximately 38.11 m2 each
- 2 Comfort Studios with small kitchen of approximately 61.74 m2 each
(1 Studio is currently used as an office/employees kitchen) - 1 Junior Penthouse Room of approximately 30.5 m2
- 2 Senior Penthouse Rooms of approximately 39.6 m2 each
- 1 Comfort Apartment (1 bd/1 ba / small kitchen) of approximately 62.00 m2
- All Hotel rooms are completely furnished and offer a/c & fan, cable TV, phone, SDSL Internet connection in room, balcony or terrace and have all ensuite bathrooms with a shower, toilet, sink, hair dryer.
General Information:
There are 2 generators of 350KW and 300KW which are shared with the Aparthotel next door, for emergency power. This service is also sold to businesses in the neighborhood for income.
State-of-the-Art biological water treatment plant.
Access between the reception building and the ocean building is via a small public cul-de-sac only
partially accessible for small cars, the rest is closed for any motored traffic.
There are currently existing contracts with European Tour-Operators. This Hotel is well known on the National and International markets.