Interested in buying a piece of paradise!

Ocean View Hotel In Sosua

Property ID:

DL 117

$450,000

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Beds

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Baths

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Business/Hotel

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Levels: 3

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Build Size: 778 m2

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Lot Size: 698 m2

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YES

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Ocean Front

NO

Ocean View

NO

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Green View:

NO

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Gated Community:

NO

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Furnished:

NO

Sosua, Dominican Republic

Ocean view Hotel in Sosua requires some work, FINANCING available with 30% down.

HOTEL WITH OCEANVIEW FOR SALE IN SOSUA.This property sits on approx 700 square meters of ocean view land in the hills above Sosua, with excellent asphalt road access. An older property, this hotel has 20 guest rooms, 17 with their own balcony. A large Swimming Pool and Pool Side Bar are located on the first level, with room for a Rooftop Restaurant and more facilities on the second level. Both levels have ocean view - although the higher level is incredible.The basic structure is cement, and in excellent condition, some work is needed to upgrade the facilities and renovate the rooms. These rooms couls be refurbished as hotel suites like they are now, or could be converted to studio condos.FINANCING is available with a 30% down payment. Don't miss this opportunity - the price is less than half the present replacement cost!Only a few minutes from downtown Sosua and the Sosua Beach, and only a few minutes drive to the International Airport.The North Coast of the Dominican Republic has become home to many foreigners for 30 plus years and you will find foreigners living in all of the communities on the North Coast. Home to one of the best Golf courses in the Caribbean, Playa Grande is very popular with tourist and the local foreign community. Cabarete is famous for its water sports and miles of sun drenched beaches and only a short drive from Sosua. Sosua Beach is one of the most beautiful and safest beaches in the Dominican Republic, with many activities and a happy Dominican flavour so special to this country.NOTE: Attached photos show the hotel before as well as now. Please note some work is required to refurbish the property.