Hotel For Sale
Listing ID: 474
| Property Name | Hooked Cabarete | |
| City | Calle los Cocos 120/121, Cabarete | |
| State, Province, Region | Puerto Plata | |
| Country | Dominican Republic | |
| Zip/Postcode (where applicable) | ||
| Property Listed By | Private Seller | |
| Type | Hotel | |
| Total rooms | 8 Apartments (Sleeps 24) | |
| Describe rooms: | 8 Apartments For Guests With Kitchen And Bath(21 Beds) | |
| Owner or Manager's Living quarters | Yes | |
| Site size | 5000 sq. ft | |
| Year built | 2005 ( Major Update/Renovation In 2012/13) | |
| Number of buildings | ||
| Number of stories | 2 | |
| Construction type | ||
| Corridor | None | |
| AMENITIES | ||
| Swimming Pool | Yes | |
| Others features | ||
| Others | ||
| Occupancy Rate | ||
| Average occupancy | ||
| Average daily rate | ||
| Room revenue: | ||
| Other revenue | ||
| Total annual revenue | Available to Qualified Buyer | |
| PROPERTY FINANCING: | ||
| Assumable Loan | No | |
| If leased, terms | ||
| Franchise | No | |
| Rating (if any) | ||
| Owner finance | yes | |
| Down payment | 50% | |
| Brief Description | Surfers Paradise....Make Money While you Live your Dream. Surfers Hotel For Sale...Turnkey Business | |
| Detailed Description of Business | The perfect business for a person or couple wanting to escape the rat race, live in the tropics and earn a solid income. The new owner will have the privilege of residing in the 1700 sq. ft., 3 bedroom, 2 bath, fully furnished penthouse located on top of the main building. The hotel boasts five 3-bed and three 2-bed studio apartments equipped with a kitchen and bath (total capacity 24 guests). Each apartment has new appliances and air-conditioning. The hotel was initially constructed in 2005 and underwent major renovation in 2012/13. The hotel offers guests 24 hour security and electricity, very high-speed internet connection, potable water, a yoga platform, a covered BBQ area, a chill /games/toys/books area, bike/scooter rental and a laundry facility. It is located in a very quiet and safe residential area. It is the accommodation located closest to the world-class Playa Encuentro surf beach. The ride to the Puero Plata (POP) airport takes only 20 minutes. The business has catered to an international wave surfing and kite surfing audience since 2005. This is a turnkey business and simple to manage since no food is served. Staff is in place and willing to work with a new owner. The current owners are willing to provide some owner financing to a qualified buyer and will offer training to new owners. Cabarete is a mecca for kite wave and wind surfing and offers great opportunities for many other sports such as SOP, mountain biking, diving, snorkeling, horse-back riding, cayoning, etc. Cabarete offers an active and exciting nightlife and first class beach dining. It is a premier holiday destination for active persons and families. | |
| REASON FOR SALE | Age & Health | |
| PRICE | 890,000 USD | |
| Link to hotel website | http://www.hookedcabarete.com/ | |
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