Features

• Oceanview
• Mountain view
• Near beach
• Furnished
• Private Jacuzzi
• Designated Parking
• Rooftop
• Bungalow
• Sceptic
• Cistern
• Terrace
• Pet-friendly
• Garbage Collection
• Electricity
• Maintenance
• Reception
• Pool
• Drinks & Food

Description

This cozy bed and breakfast is located a few meters from the beach near playa Asserradero in Las Galeras.
It features 7 main buildings:
+ 4 with a condo/studio on the first floor and a single bedroom on the second floor
+ 2 2-BR villas under construction
+ 1 building for reception, bar, restaurant, and lounge.
All of them are around a tropical garden with a Jacuzzi in the middle.

The Studios have their own kitchenette and every unit has its private bathroom.

The occupancy rate according to the owner is above 50% in the last years. After Covid, the owner claims to have raised up to 60-70%.

A perfect property to run your own b&b in the Caribbean just by the pristine ocean.
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Location

Financials

Utilities: $270

Maintenance: $120

Monthly Rev. (50% occupancy): $12,435

Mngt Costs: $2,015

Monthly Profits: $10,030

Legal Fees: $6,500

Transfer Fees: $19,500

Yearly Taxes: $5,100

This listing

Price / SQM: $1,300

ROI: $18

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Market Price / SQM: $1,300

Market ROI: $18

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All information, including measurements data and financial calculations, is obtained from various sources, and is approximate. No guarantee, warranty or representation of any kind is made regarding the accuracy of such information and Atlantique Sud Real Estate S.R.L. expressly disclaims any liability.