PUNTA CANA BAVARO LOS CORALES COLONIAL MULTIPLEX - MIXED USE BUILDING FOR SALE
Consisting of: Two large COMMERCIAL SPACES (ground level) + four 2 BEDROOM APARTMENTS (2nd level front and back), and one huge and luxurious 3 Bedroom PENTHOUSE on 2 levels with the best OCEAN VIEWS in all of Bavaro! The four 2 Bedroom apartments come FULLY FURNISHED. This building is a 1 minute walk to the Los Corales Private Beach.
EXCELLENT OPPORTUNITY FOR INVESTORS!!! THIS COMPLETE BUILDING IS ALREADY ACHIEVING GREAT RENTAL BOOKINGS IN THIS HIGH TRAFFIC TOURISTIC / EXPAT AREA IN LOS CORALES
YOU CAN LIVE IN THE LUXURY AND SPACIOUS 3BR PENTHOUSE - With the Best Ocean view in Los Corales, and for living income, RENT OUT THE 4 OTHER CONDOS (Apartments) and the two large COMMERCIAL SPACES on the ground level. Currently occupied with great tenants. Or divide and sell each unit separately (will need to be individually titled... but this is not a problem).
LOCATED IN THE AUTHENTIC ITALIAN VILLAGE COMMUNITY OF LOS CORALES, JUST STEPS FROM THE BEACH AND A SHORT WALK TO AN ARRAY OF RESTAURANTS AND OTHER AMENITIES.
The current owners are builders and completely renovated the existing building. Adding a 2nd level to the penthouse, and even a 3rd level (5 levels total) unobstructed ocean view observation deck, where owners can enjoy 180 degree views of the entire beaches of Bavaro, Cortecito, Los Corales and beyond.
This 11,083 sq, ft. (or 1030 sq. meters) building; has 4 levels total. 2 ground floor commercial spaces, 4 very spacious two-bedroom apartments on the 2nd level, and one Luxury 3 Bedroom penthouse on 2 levels (3rd and fourth floors). This building was completely renovated in 2016 into new and modern facilities. and INCLUDES ITS OWN WATER SYSTEM.
Ideally located in the popular and growing expat- tourist area of Los Corales with a high frequency of tourist and expats by foot, car and even small transportation buses. Average monthly net income between US$10,000 - $12,000 per month.
JUST A SHORT WALK/ or DRIVE TO SO MUCH ! Within our fun, safe, HGTV expat neighborhoods of Los Corales, directly next to the Beach-town of El Cortecito.
Just a short 1 minute walk to the beach and a 4 - to 20 minute walk to 4-5 more beach accesses (w/ beach bar/ restaurants), over 40 dining options, a variety of shopping, grocery stores, Doctors, Dentist, pharmacies, cash exchange/ ATM's, gyms, spas, salons, fruit stands, bakeries, recreational areas (tennis, basketball, children's playground), a dive shop, and so much more! All just a short walk away and within our fun, safe and famous HGTV BEACH-TOWNS!
A SHORT DRIVE TO SO MUCH MORE! Just a short 7-minute drive to the Cocotal Championship golf course and residences, & the Palma Real Shopping Mall; home to Papa Johns, Banks, a pharmacy, an array of shopping, and the larger Super Lama supermarket (to name a few).
Only a 14-minute drive to the newer Downtown Punta Cana area, where you’ll find the San Juan Mall (with Super Pola, a large grocery store), along with an array of other shops. DownTown Punta Cana additionally offers; IKEA, Pizza Hut, Subway, Burger King, Jumbo Super Market, Coco Bongo Night Club, the New wake-board activity center, several more restaurants and shopping, and so much more! Only a 22-minute drive to the Punta Cana Village and Resort, and a 25 minute drive to the Punta Cana International Airport.
PUBLIC TRANSPORTATION: Should you want to venture to other beaches, malls, dining options or even the newer and Active Downtown Punta Cana area; Public bus transportation is available (for only $1.00 p/p one way) and pick up is accessible just about anywhere. The Public buses are very safe and used often by tourist and expats (as well as our friendly Dominican locals). 20- 25 minute rotations providing affordable transportation to places like the Palma Real Mall; where you'll find the Super Lama Supermarket, or the Cocotal Golf, or perhaps to The San Juan Shopping Center (IKEA, Cinemas, Payless, etc), Jumbo Mega Shopping, numerous Intl. Dining places, The Blue Mall, or even places in Veron, or Punta Cana Village. Even to the Punta Cana Intl. Airport.
Don't miss your chance to reserve your future home and/or investment!
Land to build on in these popular beach-town areas is nearly exhausted. Meaning property values for any existing property built within these 2 beach-town areas, will really show significant appreciation values by 2022! So now is the time to buy! Waiting could be costly!
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