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Hotel And Restaurant In Cabarete For Sale

Cabarete, Dominican Rep.
Asking Price:
$6,500,000 (USD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

4 Star Beachfront Hotel in Cabarete

Property consists of:
1 small building on the street (rented to a surf shop > income)
2 main buildings (4 stories each) of a total of 59 rooms with lobby, front office, storage areas and laundry
1 restaurant building on the ocean with kitchen/office/storage, restaurant area over 2 stories which seats
up to 80
1 multi-purpose building on the ocean (rented to a Windsurf/Kitesurf-Center and a beachwear boutique >
income) with a 2nd floor storage and a roofed area
All buildings and areas are very well maintained and renovated on a yearly basis.

Location/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
Store on street: 70 m2
Main building on street: 387.50 m2
Main building on ocean: 666.00 m2
Public Restaurant area (completely renovated in 2006) 240 m2
Bar area with Water sport Center and Boutique: 150 m2
All sqm are aprox.

Hotel (2 buildings):
Rooms
29 Standard rooms of approximately 12.35 m2 each
(1 room is currently used as a Massage Center/Day Spa)
6 Standard Oceanside rooms of approximately 30.81 m2 each
5 Comfort Rooms of approximately 45 m2 each
13 Comfort Oceanside Rooms of approximately 38.11 m2 each
2 Comfort Studios with small kitchen of approximately 61.74 m2 each
(1 Studio is currently used as an office/employees kitchen)
1 Junior Penthouse Room 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
All Hotel rooms are completely furnished and offer a/c & fan, cable TV, phone, SDSL 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 generators of 350KW and 300KW (shared with the Aparthotel next door) for emergency
back up. This service is also sold to businesses in the neighborhood > income.
State-of-the-Art biological water treatment plant based on bacteria and oxygen.
This service is also sold to businesses in the neighborhood > income.
Access between the reception building and the ocean building is via a small public cul-de-sac only
partially accessible for small cars, the rest is closed for any motored traffic.
Existing contracts with mostly European Tour-Operators. Well known on National and International market.

Property Information

Real Estate:

Real Property Included

Location:

Central Cabarete, 15 minutes from Puerto Plata International Airport, directly on beach