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$200,000

Dominican Republic investment property

Sq. ft. 2185
Bath 2
Bed 2
Property ID B-3113 - PH
Property Size 2185
Land Area 5524
Bedrooms 2
Bathrooms 2
Property Type Villas/Homes
Property Status For Sale
Living Area meters 203
Lot Size meters 513
View Garden

Distances

Distance Airport km 5
Distance Airport Miles 4
Distance Beach km 0.4
Distance Beach Miles 0.26
Distance Schools km 0.5
Distance Schools Miles 0.35
Distance Shopping km 0.35
Distance Shopping miles 0.22
Distance Town km 0.35
Distance Town miles 0.22

Features

  • Financing Available
  • Internet
  • Pets allowed
  • Wheel chair access

Description

Investment property for sale in the Dominican Republic

This investment property of 5524 sq feet fronts a hotel complex but has its own title and comprises of a restaurant currently leased for one year, a business unit that has been a hairdressers with access at the front and back. There is also a one bedroom apartment and a studio plus the ability to build two or more apartments on the second floor. There is a storage building out back and room to add a large Jacuzzi or even a splash pool.

The building is quite flexible as it could be made into a two bedroom apartment with terrace by the opening of one interior wall. Part of the storage area in the restaurant could also be blocked off and more room added to the one bedroom apartment. There is also a room that may become a reception area but the present owner would have to negotiate that with any new owner as it’s included in the title.

There is also an option to buy part of the hotel behind the house as each block can be separated as the apartments have separate titles which means they can be sold and put into a rental pool.

The main attraction of this property is its quiet location in a residential area and a short walk to both the beach and to the town centre with all the shops, clubs, bars and restaurants.

Please complete the information box for more information about this Sosua property and the buying process in the Dominican Republic.

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