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$398,000

Sosua guesthouse

Sq. ft. 4305
Bath 6
Bed 7
Property ID B-4024 - JH
Property Size 4305
Land Area 5436
Bedrooms 7
Bathrooms 6
Property Type Villas/Homes
Property Status For Sale
Living Area meters 400
Lot Size meters 505

Distances

Distance Airport km 8
Distance Airport Miles 5
Distance Beach km 0.89
Distance Beach Miles 0.55
Distance Schools km 0.38
Distance Schools Miles 0.2

Features

  • Cable
  • Generator
  • Internet
  • Maids quarters/Laundry
  • Parking space
  • Pets allowed
  • Swimming pool
  • Wheel chair access

Community Features

  • Public transport

Description

Guesthouse for sale in Sosua

This is an opportunity to live in the Caribbean and generate an income from renting out the rooms on a short and long term basis. The present owner lives on the second floor in the largest of the three bedrooms that opens up onto a terrace that overlooks the swimming pool and fields beyond. It has an ensuite bathroom and walk in closet that runs the full length of the bedroom with doors at either end, thus providing plenty of storage space.

The main room is open plan with a large living area and access by patio doors to the terrace where you can easily accommodate all the paying guests. There is also to the side of the living space a dining area with serving hatch to the good sized kitchen. The present owner has a desk in the main area opposite the main door which she uses as a reception. There are two bedrooms off the living area that have small balconies with shared shower and toilet. Breakfast and access to the refrigerator is offered to the upstairs renters, but additional income could be generated by cooking meals for them. The villa is close to the shops, the main high street with all its bars, restaurants, and night clubs, as well, as the main high road connecting Puerto Plata with [Cabarete ](../info-coldwell-banker-cabarete-25.html "Cabarete")and Samana beyond with affordable local public transport every ten minutes.

On the first floor are three apartments including one with two bedrooms that is 80 sq mtrs. Another with private garden that is 50 sq mtrs and the third apartment is 30 sq mtrs. In front is off road parking and in the rear the swimming pool and sun deck with separate toilet and shower. The villa has batteries and inverter, as well, as a diesel generator which is rarely used.

This is a profitable business with 80% occupancy levels including one room leased for six months but most income comes from daily rentals. There is a web site mainly aimed at French speaking Europeans and Canadians that is on the first page of Google that could be built upon for the English speaking market thus attracting additional clients. They also take in short term guests from a guest house across the road when they are full. They also have repeat business because the renters like the villa and location at affordable prices.

For more information about real estate [buying process](../page-coldwell-banker-buying-process-8.html "Buying Process") in the [Dominican Republic ](../info-coldwell-banker-Dominican-Republic-23.html "Dominican Republic")please complete the request for information box.

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