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Furnished apartments and bar-restaurant close to the beach

Costambar (Puerto Plata), Dominican Republic

Ref. UGL 740

Click on the photos for close ups

Location	Costambar (Puerto Plata)
Type	Five furnished apartments and bar-restaurant.
Activity	Seasonal renting and bar-restaurant.
Size of land	880 m²
Size of the construction	630 m² : 500 m² for the apartments and 130 m² for the restaurant.
Price	450.000 USD

With it's five spacious furnished apartments, it's bar-restaurant, it's garden and very nice pool, this property is a judicious alternative to the large "all inclusive" complexes. Built 12 years ago, the building greets all year round a mixed clientel of tourists, holiday makers and residents for rentals per night, per week or per month. 

This business working regularly, is perfect for the person looking to develop in the Dominican Republic a style of hotel trade which corresponds to an increasing demande from the lovers of the country, who seek an alternative to tourisme in mass. 

The location is perfect for this kind of activity : close to a large town and an international airport (Puerto Plata - La Union), a very beautiful beach at just five minutes walking distance, a panoramic view over the ocean, environment calm and green, property situated in a garded residence.

The five apartments (details hereunder) are very spacious, completely furnished and equipped with elecrical appliances, including television. Each has at least two terraces and/or balconies allowing you to profit of the view over the bay and the breeze coming in from the ocean. The bar-restaurant, with it's large dining room, games area and it's evenings "karaoke", is well appreciated by the residents as well as the regular customers. The garden and pool offer pleasant, calm and relaxing area. 

It would be possible to divide the larger apartments in order to create supplementary units and therefore develop the rental activity, and it would also be possible to build a large supplementary apartment on the roof giving a incomparable view at 360°.

Details of the construction :

Ground floor  : Garden, pool, car park, technical maintenance room for the generator, bar-restaurant with kitchen, WC, games room.  

First floor  : Apartments N° 1 (86 m², 2 bedrooms, 2 bathrooms) and N° 2 (110 m² on two floors, 2 bedrooms, 3 bathrooms).

Second floor : Apartement N° 3 (66 m², 1 bedroom, 1 bathroom). 

Third floor  : Apartements N° 4 (57 m², 1 bedroom, 1 bathroom). and N°5 (121 m², 3 bedrooms, 2 bathrooms), actually occupied by the owner.

Fourth floor  : Roof terrace possibility to be converted to an apartment, laundry.

Technical details :

Electricity supply  : National network relayed by a generator 25 Kw with an automatic permutation during power cuts, which ensures a supply 24/24 hours. 

Water supply : Communal network completed by  private well and a cistern of 15 000 litres, ensuring there as well a continual supply.

Personnel : The renting of the apartments is actually managed by one person, who employs personnel  for the maintenance  (gardener, cleaner). The bar/restaurant is actually rented out to a couple who manage it (termination of the lease is possible in the case of the new owner wanting to take over the whole of the business).

For more information concerning this business, contact us :

ISLA TAINA

Dominican Republic real estate - Immobilier République Dominicaine

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Immobilien Dominikanische Republik - Vastgoed Dominicaanse Republiek

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