A house in Kite Beach, Cabarete at $800,000. The details below come from the listing; the honest read on the building, the neighbors, and the noise comes when you ask me.
Twelve units, one working business. This guesthouse near Kite Beach is already operating: three two-bedroom apartments, three one-bedrooms, three studios, and three private rooms with mini fridges. That mix covers nightly guests, monthly digital nomads, and everyone in between.
The owner reports profit growth of roughly 10 to 15 percent per year, helped by solar panels trimming the electricity bill. The property is titled, registered in Puerto Plata, and ready for your attorney’s review.
Seller financing is on the table: up to 50 percent at 8 percent interest, five-year max term. Serious buyers, I’ll walk you through the real numbers and be straight about all of them.
Listed with The Crest Group North Coast. Ask me for the full photo set and the honest read on this one.