06/25/2022
MULTIFAMILY INVESTMENT PROPERTY FOR SALE
Fully refurbished: 18-unit apartment buildings in Puerto Plata, Dominican Republic.
Price: US $1,400,000
Great investment opportunity for a retiree and/or entrepreneur to own, operate and live in a turn-key, profitable hospitality business with great ROI.
Two conjoined, fully refurbished luxury apartment villa buildings with a total of 18 units - a mix 2/2, 2/1, 1/1 or Studio units as well as a restaurant/venue space, and common area pool. Current owner has taken care of every detail so that you can live luxuriously.
Each unit includes:
- 1+ balcony or rooftop access with a pool and/or sea view.
- AC unit in each bedroom.
- Hot Water heater.
- Kitchenette.
- Washer/Dryer or access to communal Washer/Dryer on premises.
- Building access to shared pool area.
Ideally located in Costambar, an exclusive gated community near Puerto Plata, Dominican Republic. Just steps from the beach in paradise as well as a short drive to the Puerto Plata International Airport, several world class golf courses, city center, malls and restaurants.
These fully refurbished Dominican Luxury Villas are ready to be rented short or long term with very low operating costs and an average rent per unit of US$750 per month -up to an +10% ROI per year. Perfect for Airbnb with lots of upside potential. Live a superior lifestyle you’ve always dreamed of for your retirement supported by passive income.
Recently named one of Travel & Leisure’s Top 10 places to retire in the world, Puerto Plata, Dominican Republic. With an easy path to residency and an affordable cost of living, the Dominican Republic is ripe and ready for expats, retirees, and investors looking for safe and affordable options in the Caribbean.
Renato Alonso Realtor
[email protected]
305.978.9413