Friendly   Patio   24hr Security   Two back-up generators   Busy street corner   Clear title   38 condos to sell   Jacuzzi   Landscaped  
Details:    This busy hotel is located in Sosúa, Province of Puerto Plata (about 15 minutes from the Puerto Plata airport). Wonderful Sosua bay with its tranquil beach is less than 10 minutes away on foot. Downtown Sosua is an easy 3-minute stroll away.

Each condo has a security lock door, electronic room safety deposit box and an aery balcony overlooking the crystal clear pool.

Most of the third-floor units have been sold as condominiums. The hotel collects the condo fees and controls the building. All condos have clear title and can be sold by the new owner as individual units. This building has been GPS surveyed and has a clear title.

If all remaining units are sold, the new owner will have made back his investment plus another $400,000 minimum. That means that basically, you get the restaurant and disco for free! Ask us for the complete brochure of all condos still available.

Total condo fees for all units amounts to over $8,000 per month. This does not include other optional services offered by this hotel. Ask for more details.

Speaking of which, the building houses a cozy restaurant offering an extensive breakfast, snacks, lunch and dinner with national and international dishes. The bar works according to European standards of hygiene and serves delicious Caribbean mixed drinks.

Other features include twenty-four hour security, two large diesel generators that work quietly in the background, and a stylish reception area. Wireless Internet reaches all rooms.

All condos include:

0 Airconditioning
0 Cable TV with 70 channels
0 Kitchenette with microwave oven
0 Balcony overlooking the pool
0 King size bed
0 Security locks
0 Hair dryer
0 Iron and ironing board
0 24 hour elecricity

The hotel/condo section may be purchaced separately for $700K. Restaurant and disco: $295K

All information has been supplied by seller and is subject to verification
Ask for our extended brochure (13.2 mb).


Highlights:

. With 38 units included in the sale price (second floor) there is a possibility of turning a tidy profit of over $400,000 by selling the units as condos. You get to keep or sell the restaurant and bar.
. Condo fees are $3.25 / sq m (RD$120). If all units are sold, monthly condo fees amount to over $8,400 per month. This does not include other services offered by the hotel. Write for more details.
. There is a restaurant business on the main floor—run it yourself, rent it out, or sell it outright. It has its own title. Same with the disco bar upstairs.
. Two generators with autoswitch for secure power.
. Huge pool plus a Jacuzzi.
. Cozy lobby area.
. Single access for higher security.
. Breezy area.
. Most condos have breeze-through windows.
. This can be separated into three lots: Hotel / condos—$700,000; Restaurant—$200,000; Disco—$200,000. If purchased together as one block: $935,000.
. Download the listing brochure for more pictures


Features:

Interior Features
. Ceiling Fans
. Hot Tub
Cooling
. Central Air for restaurant and disco
. Window / Wall Units for condos

Lot Features
. Corner Lot
. Courtyard
. Fenced Yard
. Garden Area
. Landscaped
. Patio
. Swimming Pool
. Trees / Shrubs

Extra Features
. Balcony in each condo
. Cable Available
. Controlled Access
. Furnished
. High Speed Internet Available
. Lobby
. Public Transportation
. Reserved Parking
. Security Guard on Duty
. Storage

Appliances in each condo
. Microwave
. Refrigerator - some bar some full
. Stove (in many units)

Information is deemed to be correct but not guaranteed.

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