Hotel for sale 1 018m2 in Cabarete, Dominican Republic

Boutique hotel on the first line for $1,990,000

Investment property in a tourist centerThe exclusive boutique hotel on the first coastline of Cabarete is a unique ready-made business in the field of premium rentals. The total building area is 1018 m2, the land plot is 1722 m2. The complex includes 10 spacious bedrooms, 11 bathrooms, a swimming pool, a restaurant, a bar and a fully equipped kitchen for serving guests.

Advantages of the facilityA fully functioning business with an established customer base.High income potential due to villa rentals, corporate events, weddings and tour groups.Closed territory with security, individual meals and a full range of hotel services.The property is sold with furniture, all necessary documentation and a registered company.Kabarete - Water sports and Tourism CenterCabarete is known for its beaches, ideal for kitesurfing, windsurfing and surfing. The city has a well-developed tourist infrastructure: restaurants, bars, sports schools, international supermarkets and medical centers.

Real estate market and investment attractivenessOver the past 5 years, real estate prices in Kabareta have steadily increased by 6-10% annually. The high tourist flow makes boutique hotels a sought-after segment for investors. The average yield from a short-term lease is up to 12% per annum.

Residence permit through the purchase of real estateThe purchase of real estate in the Dominican Republic gives the right to obtain a temporary residence permit with the prospect of obtaining permanent residence and citizenship.