Apartment Building For Sale

Picture of Apartment Building For Sale in Cabarete, Puerto Plata, Dominican Republic

$750,000

Cabarete, Puerto Plata, Dominican Republic

Listed By: Property Owner

Listed On: 10/02/2023

Listing ID: GL3221823 View More Details

Description

This is an investment opportunity to purchase a hotel style rental apartment complex under construction allowing you to finish the project with your own touches. The project has been approx. 70% completed. The owners penthouse will be finished soon and can be used as a show case example. The apartment complex will consist of 6- 2 bedroom apartments, 6- 1 bedroom apartments and an oversized 2 bedroom owner's apartment. Each unit will consist of bed room, living room and kitchen area. Each guest room was planned to include high quality amenities to ensure complete guest satisfaction. A new entry and parking for the condo building was also planned for the property, including an inviting lobby/lounge area, a separate building housing a gymnasium, new pool and a tropical garden. The purchase price includes an additional abutting lot which provides future expansion potential. Also included is the business registration and all business and building permits required to build and run the rental/condo business. Potential investors will be provided with additional information such as architectural construction blue prints with close-up details of each guest room, lobby, pool and the surroundings. Any provided documentation and blue prints will stay the sole property of the current owner. Copying or distributing of the provided material without the written consent by the current owner may be subject to potential legal proceedings.

Source: The World Property Journal

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