A hotel in the popular resort area of Boca Chica, Dominican Republic. Built in 2005, the hotel occupies a built-up area of 1000 m2, located on a large plot of land with an area of 130,000 m2. The hotel has 25 comfortable bedrooms and 13 bathrooms, which makes it an ideal facility for running a hotel business.
Characteristics of the property
The hotel is fully furnished, equipped with household appliances and ready for operation. It includes a laundry room, kitchen, dining room, office, as well as storage space. For the convenience of guests, air conditioning, Internet and cable TV are provided. From the windows and balconies there is a magnificent view of the ocean, the hotel is located on the first line by the beach. The facility is also equipped with a water purification system and a water supply tank.
The advantages of buying and the potential for profitability
This hotel is an ideal facility for investors who want to develop a hotel business in the Dominican Republic. Due to its location on the coast of Boca Chica and proximity to popular beaches, the hotel can generate stable income through rentals for both tourists and organized groups. Rental yields may vary depending on the season, but the high demand for housing in tourist areas ensures stable occupancy.
Attractions and tourist attraction
Boca Chica is a famous resort area of the Dominican Republic, popular with international tourists. Beaches with white sand and turquoise water create ideal conditions for relaxation. A variety of water sports, restaurants, bars and nightclubs are available to guests. The main tourist routes are located in the immediate vicinity of the hotel, which makes it attractive for a wide range of travelers.
Possibilities of obtaining a residence permit
When buying real estate in the Dominican Republic, foreign citizens may consider obtaining a temporary residence permit. Investing in real estate is one of the main ways to obtain a residence permit, which makes the purchase of a hotel not only financially attractive, but also strategic in terms of obtaining residence rights.
Analysis of real estate price growth
Over the past 5 years, the value of real estate in the tourist areas of the Dominican Republic, including Boca Chica, has shown steady growth. The high demand for real estate located by the sea contributes to a further increase in the value of assets.