Homey Beachfront B&B in Las Galeras

$ 550,000
Las Galeras

Overview

  • Property ID
  • 2805371
  • Bedrooms
  • 9
  • Bathrooms
  • 7
  • Property Size
  • 380 m2
  • Property Lot Size
  • 1,840 m2

Description

This cozy 9-BR Caribbean beachfront hotel is sitting on two lots and two buildings, one villa and a guestroom building, and it has a large garden area facing the ocean.

The 2-levels 4-BR villa of ~280sqm features a living room with an open kitchen, an office, 2 bathrooms, 4 bedrooms, and a large roof terrace with ocean views.

The guestroom building is built on a single level with 5 guest bedrooms and a terrace. 3 bedrooms have king-size beds and 2 have twin beds. All of them have their own private bathroom, a fridge, and ceiling fans. The suit has also a private terrace with garden furniture and A/C

Among the facilities of the bed and breakfast there are:
+ A fully equipped bar
+ Pizza oven and a grill
+ An independent room for the security guy
+ Laundry room
+ Storage room
+ Two septics with filter
+ 3 water cisterns
+ Fiber optic internet
+ Solar and gas hot water
+ Parking in the backyard for 2 vehicles

Rentals
Rooms are rented at a price of 53-63 USD with an average occupancy rate of 60% and 95-100% in the high season
Expenses of the property: ~25,000RD$/month

A great opportunity in one of the developing areas of Samana

Other Features
Beachfront
Beachfront
Cistern
Cistern
Furnished
Furnished
Garden
Garden
Near beach
Near beach
Oceanview
Oceanview
Septic
Septic
Terrace
Terrace

Property Id: 2805371
Price: $ 550,000
Property Size: 380 m2
Property Lot Size: 1,840 m2
Bedrooms: 9
Bathrooms: 7
Property ID: SB-0632
Est Monthly Rental Revenue: USD $15,255
Est Monthly Management Costs: USD $150
Est Monthly Profits: USD $12,817
Transfer fees: USD $16,500
Yearly Taxes: USD $3,830
Price / SQM: USD $1,447
ROI: 26.9%

$ 4,834.23
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,375.90

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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