4 Star Beachfront Hotel in Dominican Republic for sale

Description

Property consists of:

1 building on the street (rented)

2 main buildings (4 stories each) of a total of 57 rooms with lobby, front office, storage areas and laundry

1 restaurant building on the ocean with kitchen/office/storage, restaurant area over 2 story’s which seats up to 80

1 multi-purpose building on the ocean (rented to a Windsurf/Kitesurf-Center and an available space for Restaurant or Gym) with a 2nd storey storage and a roofed area

All buildings and areas are very well maintained and renovated on a yearly basis.

Location:

Right in the Center of Cabarete

1 main building right on the main street/highway

1 main building right on the ocean with pool/restaurant/bar area

Frontage:

To street:             25 meters (with 2 parking spaces in front of entrance)

On ocean:            33 meters

Total land:           2,179,87 m2

Total buildings:   1,513.5 m2

Fashion boutique:                             70 m2

Main building on street:                    387.50 m2

Main building on ocean:                    666.00 m2

Restaurant area:                                240 m2

Bar area with Water sport Center and Boutique:        150 m2

Hotel (2 buildings):

Rooms

30 Standard rooms of approximately                                  12.35 m2 each

6 Standard Oceanside rooms of approximately                   30.81 m2 each

4 Comfort Rooms of approximately                                      45 m2 each

12 Comfort Oceanside Rooms of approximately                  38.11 m2 each

1 Comfort Studios with small kitchen of approximately         61.74 m2 each

1 Junior Penthouse Rooms of approximately                        30.5 m2

2 Senior Penthouse Rooms of approximately                        39.6 m2 each

1 Comfort Apartment (1 bdrm/1 bthrm / small kitchen) of approximately  62.00 m2

1 Massage Center/Day SPA are                        aprox 10 m2

All Hotel rooms are completely furnished and offer a/c, cable TV, phone, Internet connection in room, balcony or terrace and have all ensuite bathrooms with a shower, toilet, sink, hair dryer.

General Information:

The Hotel has 2 back up generators of   350KW and  300KW (shared with Cabarete Palm Beach Condos) for emergency back up.

State-of-the-Art biological water treatment plant based on bacteria and oxygen extended and updated in 2010.

This services is also sold to businesses in the neighborhood and generates extra income.

Access between the reception building and the ocean building is via a small public cul-de-sac.

Existing contracts with mostly European Tour Operators, well known property on National and International Market.