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Cabarete (Puerto Plata, DO) (New Construction)
$395,000 USD Huge property!
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"Great revenue!"
 

Mi Casa Tu Casa Real Estate


Maurizio Barbieri
 
Maurizio Barbieri
Email Maurizio
 
Phone: 416-508-0176
Business: 416 508-0176
Cell: 829 703-1113
Fax: 809-360-2000
 
Details

Type: Multifamily Style:  Development Level: Built Bedrooms: 8 "2 per unit plus 2 studios" Bathrooms: 8 "2 per unit plus 2 studios" Size: 400 sq. m. "Over 400 sq m built!" Lot Type: Rectangular Lot Size:  4300sq. m.  n/a "Over 2000 vacant!" Year Built: 2003 "Some units not completed" Taxes: $0.00 USD (2011) Condo Fees: $100.00 USD
 
Description

These pictures were taken before the units were completely finished.

This is a cozy complex of 4 two-bedroom units and 2 studios (under construction). It includes a pool, bar-b-q, patio and lovely grounds. Electricity 24/7 with invertors and generator. The complex has en-site gardener and the area has security guards on duty 24/7. Owner will complete construction before closing.

This is a great revenue generator! Long-term rentals: $375 / month unfurnished per unit; $450 / month furnished. Monthly rentals: $550 / month furnished. But those prices are VERY low. Studios: $250 / month, furnished. You can set your own rates. Nevertheless, with only a 50% occupancy, you can realize revenues of over $16,000 / annum!

You are only 20 minutes from the airport, 10 minutes from downtown Sosúa, 5 minutes from Cabarete, and only a 10-minute walk from the famous Cabarete Beach! Near the beach is a paint-ball game, horse-back riding and a lovely restaurant.

Total property area is 4,300 sq m. There is a lot of 2,000 sq m that has not yet been touched. In property alone this is worth over $230,000! Add to that over 400 sq m of construction (valued at $252,000) and you have a real steal!
 
Highlights

▪ Some furnishing will be supplied. ▪ Great revevenue source
▪ Near beach ▪ Plenty of property
▪ Well thought-out ▪ Financing available

Features
Interior Features
▪ Ceiling Fan ▪ Vaulted Ceiling
Appliances
▪ Microwave ▪ Refrigerator ▪ Stove
▪ Washer
Exterior Finish
▪ Concrete Block ▪ Stucco
Sewer/Water Systems
▪ Public ▪ Septic
Roof
▪ Concrete Tile
Lot Features
▪ Fenced ▪ Fenced Yard ▪ Garden Area
▪ Landscaped ▪ Lawn ▪ Patio
▪ Shed ▪ Swimming Pool ▪ Trees / Shrubs
View
▪ Woods
Extra Features
▪ Cable Available ▪ Controlled Access ▪ High Speed Internet Available
▪ Pets Allowed ▪ Public Transportation ▪ Reserved Parking
▪ Security Guard on Duty ▪ Storage ▪ Unfurnished
▪ Wheelchair Access
P2#49765042

Information is deemed to be correct but not guaranteed.



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