Boutique hotel on the first line for $1,990,000
Investment property in a tourist center
The 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 facility
A 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 Center
Cabarete 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 attractiveness
Over 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 estate
The 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.