Overview
This rental property or bed and breakfast is a successful business in Cabarete East with the potential to be a private home or boutique hotel. Owners have kept it in fantastic shape over the years and have turned it into a destination for travelers and a profitable income source. The business name, model, and website are all included in the sale, offering the new owner the flexibility to maintain the current setup or personalize it to their liking.
Business Model Evolution
In the pre-pandemic era, the property rented 8 units individually, with prices varying per unit. Now, it rents the entire property all at once, a change that has made it even more lucrative and easier to manage.
Location: Camino del Sol, Cabarete East
Camino del Sol in Cabarete East is a beachside community that was once the hub of activity on the North Coast of the Dominican Republic. Some attribute the investment boom in Cabarete to the success of this community. With Cabarete now mostly developed and purchased, people are returning to this wonderful community, attracted by low real estate prices, proximity to sandy beaches, and the potential for renovation projects. This property is a perfect example of this trend.
Property Details
Enter the secured complex to discover beautiful gardens, a waterfall pool, an outdoor patio kitchen and bar, and three distinct structures.
Structure One
The first structure houses a garage, half bath, and three units. The downstairs unit is spacious with a well-appointed bathroom. The two upstairs units are large studios, each featuring a full kitchen, cabinets, and ocean views.
Structure Two
The second structure contains a unit with space for another kitchenette, a large bathroom, and ceilings high enough to accommodate a mezzanine or reading nook.
Structure Three
The third structure boasts a vast living room with enough space for a dance floor, a spiral staircase leading to a stunning oceanfront bedroom with views of the typical turquoise blue Caribbean waters. This room includes a large balcony, walk-in closet, and beach views from both the detached toilet room and shower room. Around the back are three more units, currently used privately as the owners’ quarters and storage.
A Caribbean Dream
This property truly embodies a Caribbean beach dream, not just for someone who has always wanted to run a bed and breakfast, but also as a retreat space or family home. It’s an opportunity not to be missed.