Caribean revenue property for sale in Cabarete, Dominican Republic
569sqm land with 3 Buildings containing 7 vacation rental units and a large common deck with ocean view.
Ideal to be run as Bed & Breakfast, Youth Hostel or whatever you desire. See images
Casa Portals is a private residence located on the east tip of Cabarete bay in the El Magnifico area.
This area is a quiet residential and enjoys good security.
The property consists of 3 buildings, one building is the residence of the owner and has a large ground floor one bedroom and a large 3 bedroom apartment on the second floor.
The two other buildings contain the lofts #1,#4 and #5, studios # 2 and #3 and the ocean view communal deck on the middle building.
Casa Portals also has 2 large garages, one is converted to a fully equipped workshop.
As you can see from the aerial image bellow we are a easy beach walk away from the towns center.
Your guests do not need transport.
Find more images of the property here.
With a strong and stable economy, the Dominican Republic is continuing to grow and is attracting tourists, snowbirds and investors from around the world.
The north coast of the DR is currently experiencing an infrastructure upgrade and this has attracted renewed private investments.
Four large projects in Cabarete are currently in the final fazes of construction and renovation. Casa Laguna, Life Style Cabarete, Aldiana Club Cabarete and Beach club.
On a smaller scale, investors are buying up small properties and rent them out trough travel sites like Air bnb, booked and Expedia.