Punta Cana Real Estate, Vacation Rentals & Property Management 
Maria Williams Plaza Artistica 2-2
Av. Alemania
El Cortectio
Bavaro - Punta Cana, LA 23000
Phone: 1-809-362-7935 Mobile: 1-829-274-1637 Fax: 1-810-213-1474 Email Maria

Plaza Buganvillas El Cortecito (Cortecito, La Altagracia, DO - 23000) Built

$223,000 USD
Steady monthly revenue!

Reliable Realty SRL

Karen Moller Thomas Karen Moller Thomas 1-809-362-7935 (Office) 1-829-383-309 (Cell) 1-810-213-1474 (Fax) Request More Info

  • Safe, community on a busy street!
  • Type: Commercial
  • Style: Commercial
  • Size: 914 sq. ft. "85 sq. mt."
  • Development Level: Built
  • Lot Type: Rectangular
  • Year Built: 2010
  • Condo Fees: $110.00 USD
  • MLS #: RR-BCO-006

Description

PUNTA CANA- CORTECITO- LOCAL FOR SALE- GREAT PRICE FOR THIS LOCAL WITH BEST LOCATION (OWNER DROPPED THE PRICE )

A rare opportunity to buy a spacious commercial space, ideally located in the popular and growing expat- tourist area of El Cortecito

There are many other flourishing businesses and hotels in the area servicing a mixture of consumers from locals, full and part time vacation home owners, expats from all over the world, and thousands of vacationers annually. A convenient 5 minute walk to the beach and a 2-15 minute walk to many other shopping and dining amenities. As well as a short walk from numerous condo communities primarily owned by foreigners as 2nd vacation homes. Many of these owners rent their condos out on a short term basis when they are not using them personally.

Plenty of parking. Ideal business ideas would be a card/ book/ gift shop, or beach accessories store as we currently do not have any in the area, yet we have a high demand for these types of businesses by part-time owners and their vacation rental guests. No liquor store or lottery (Banca) permitted.

The current tenant is paying $1,2000 U.S. per month Rent /plus utilities. You can continue this lease or take it over for your own business. Tenants provision is 60 days
Recently painted and updated. This space has its own bathroom facilities.

For investors, keeping it rented can produce an EBIT of roughly 7% at the current asking price.


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Attachments

Highlights

  • Right on the main street.
  • Can continue lease or take over for own business. Tenants provision 60 days
  • Within walking distance of the beach.
  • Busy, fun and safe tourist zone area.
  • Centrally located.
  • Lots of other businesses and hotels in the area.
  • Rented for $1,200 / month.
  • owner dropped the price from $240K down to $223K owner may consider financing the balance with 50% down.

Features

Interior Features

  • Ceiling Fan

Exterior Finish

  • Concrete Block
  • Stucco

Roof

  • Concrete Tile

Cooling

  • Window / Wall Unit

Lot Features

  • Courtyard
  • Deck
  • Landscaped
  • Trees / Shrubs

Extra Features

  • Cable Available
  • High Speed Internet Available
  • Public Transportation
  • Reserved Parking
  • Security Guard on Duty
  • Unfurnished
  • Wheelchair Access

Buying Options

  • Rent to Own
P2#71879384
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Information is deemed to be correct but not guaranteed.