Small Hotel for sale in Bavaro Punta Cana Arena Gorda (Bávaro, La Altagracia, DO - 10210)

$2,700,000 USD
5 years full tax free

Rabbit International Luxury Property in the Caribbean

Alex Hernandez Rabbit International Alex Hernandez Rabbit International 1-809-518-2801 (Office) 201-203-2259 (Office) 1-809-605-8844 (Cell) Request More Info

  • best restaurant Pizzaria in the area
  • Type: Commercial
  • Style: 4-Level Split
  • Bedrooms: n/a "39 devide 26 rooms/10apts"
  • Bathrooms: n/a "40 bathrooms"
  • Garage: 26-Stalls
  • Size: 2,732 sq. m.
  • Lot Type: Rectangular
  • Lot Size: 2132 sq. m.
  • MLS #: C-002-AH

Description

Finished in May 2008, the project Cappuccino Mare, is located on the Arena Gorda
Highway In parallel about Highway. parallel, 100 meters is in its final stages, building on Boulevard
road from Punta Cana to Uvero Alto to Miches, which unites all hotels in Bavaro. In
the back adjoins to the new Iberostar golf course, a large chain of Spanish hotels ,
which are making a several number of villas.

The beaches closest to the project are The Punta Blanca Hotel which is accessed
through existing agreement through the golf course of the same hotel, other options
are the beaches of “El Cortecito" the big free beach of Macao where be reached by the
new boulevard in 10 minutes and 20 minutes the possibility, as a client of Il Cappuccino,
to access extraordinary Juanillo beach in Cap Cana

The east area of the Dominican Republic, Bavaro / Punta Cana, is the most important tourist area in the country.
Despite the economic crisis, this area has been driven by global‐scale projects such as Cap Cana, considered one of the largest
tourism projects in the world, Punta Cana, Rocoky, and Bavaro same with their dozens of great hotels 5 stars. As an added value to the sun and the sea, the area is known worldwide for its golf courses, Punta Espada at Cap Cana, Diente de Perro at Punta Cana and Casa
de Campo. 15 operating in total fields. The Tour of the PGA (Professional Golf Association of America) and has its annual program in Bavaro Punta Cana with prizes of millions of dollars

THE FIELD:
Cappuccino Mare consists of an area of 2,132 m2. Its construction was based off a three‐level building with 16 meters of front and 57 meters linear deep with a total of 2,736 m2 building, offering space enough for all their customers.

FIRST LEVEL:
Among the amenities we provide to our customers are:
- a restaurant, equipped with materials acquired, such as stoves, tables, sinks, positive and negative cold rooms, ice machines, cooking stoves and
- Seafood and ice cream.
- pizza. All from Italy.
- Our bakery / pastry pastry, is fully stocked with oven properly and equipment for bread and pastry. Behind, we have warehouses, work rooms and an administrative office.
- The administrative office has computers equipped with all programs needed, 4 desks, copier, fax, phone connected to the entire building network. The office makes a connection with the hotel reception.

SECOND LEVEL:
There are 26 hotel rooms in single, double and triple formats, each with its own bathroom and shower. The amenities of these rooms are: TV with remote control, independent air conditioning, mini bar, safe, telephone and free Internet access via Wi‐Fi.

THIRD LEVEL:
On this floor are located 10 fully furnished apartments for rent
1 unit with 130m2
1 unit with 106m2
1 unit with 100m2
1 unit with 84m2
1 unit with 61m2
1 unit with 55m2
4 units with 50m2

The Roof
Designed for an eventual 4th floor, currently installed a 25‐ton chiller. This produces air conditioning and while hot water to the rooms, kitchens and laundry facilities.


PARKING LOT:
The complex has ample parking for about 40 cars. Also, is located the power plant of 130 KW Three Phase Emergency.

LEGAL DOCUMENTS
Documents available:
1. property title
2. Plat
3. Building Permit
4. Operations Permit Confotour
5. Permission from the Ministry of
Tourism
6. Corporate constitution

THE PROJECT HAS:
1. Tax Exemption from Internal Revenue for a period of 10 years starting from 2008 to
2018.
2. Customs exemption for all imports of machinery, appliances, equipment
and asset for use at restaurant, bakery, ice cream parlor for a period of
10 years starting from 2008 to 2018.

INCOME:
Considering the difficult global economic times, the company is generating revenue in a satisfactory manner. The apartments are all rented with prices ranging from $ 400.00 USD to $ 600.00 USD per month.

The hotel maintains an occupation of almost 60% with a train that will be fit i d f the benefit growing end of the year before the heavy flow of tourists make use of the new highway and the boulevard. Professional and local tourists embark 80% of our clients.

Our employees are about 35, average person of with an cost per $9,000.00, Dominican Pesos, currently equivalent to 250.00 U$D.

The The contributions and taxes to the Government employees are minimal. It has 30 to 40 U$D per person per month.
rest are tourists coming from There is no restrictions when dismissing staff abroad.

The Chiller in Italy, are worth € 100,000.00.

In the area of Bavaro, the m2 building is valued at $ 1,500 to $ 2,000 USD. The land adjacent, was sold in December 2008 to $120.00 per m2. Further assume Zone year‐end value, by the end of the boulevard Punta Cana‐Uvero High‐Miches which exponentially increase the number of visitors to the capital and full country With a good management team Cappuccino Mare can complete their growth and
represent a source of profitability and security important. Definitely a positive investment entire investment. The project and all its assets sold was worth $ 3,300,000 USD.

Owner financing available with at least 50% down payment

Attachments

Features

Buying Options

  • Owner Finance
P2#61799251
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