An entrepreneur’s dream ! A completely renovated , pristine, 3 story , free-standing building houses a 7 room luxury boutique hotel located on its second floor and a commercial space below it , at ground level. This high-end , luxury boutique hotel comes complete with a rooftop pool, full kitchen, dining area and lounge / entertainment area. The guest rooms have 10 foot ceilings and exquisite European detailing and finishes. An additional 8 rooms plus a penthouse could be built-out on top of the existing 9 guest rooms, creating a third floor. Below the hotel at street level , is a commercial space currently operating as a european antique shop run by the property owners. This space could be converted to a restaurant or any one of a variety of retail shop(s). The full renovations to the hotel / antique shop were completed in 2013 and was awarded the Walter Palm Award for the restoration of a historical building site. The entire building is for sale , housing both entities with proper title and ownership papers.
The property is located in downtown Puerto Plata and walking distance to banks, restaurants, conveniences , beaches and the new event / concert venue (Anfiteatro Puntilla). The PP airport is 20 minutes away and tourist destination points such as Amber Cove (new deepwater port built by Carnival Cruise lines), Ocean World , the Telferico (cable car ride) , the historical San Felipe Fort , golf courses , kite-surfing , wave-running , casinos , etc. are all within a 15 minute car ride.
Asking Price $1,500,000
Sales Available On Request
Profit Available On Request
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