Massive Price Drop Hotel or Medical Center Casa 22 Sosúa
Channel: Trew Tube
Date: 2023-01-06

Show Links and Notes: 

https://www.youtube.com/watch?v=ODLScJukknY
https://www.point2homes.com/DO/Commercial-For-Sale/Puerto-Plata/Sosua/Batey-Sosua/Massive-Price-Adjustment-Boutique-Hotel-Medical/135204569.html?528a9632-933d-4ea1-80fa-e276a8a092cf
https://www.facebook.com/dominicanrepublicRE/

Massive price adjustment to 1,099,000 USD.

Casa-22 is an intimate Luxury Boutique Hotel in the Dominican Republic near the beach in 
Sosúa. It features five comfortable and luxuriously decorated suites, a swimming pool and a 
rooftop lounge.

Ground floor: open bar, space behind the bar for the kitchen and storage room, reception desk 
and gym / shower, private access to the next property (Casa-21), outdoor massage patio, 
tropical garden, pool, parking for 2 cars on the property, facilities of separate laundry for staff.
Roof terrace: well-maintained, excellent view of the ocean and mountains of Puerto Plata,
potential for expansion (solar panels, attic), easy access to the rooftop lounge with roof and
lights, wet bar possible.

Suites:
• Royal Suite: this spacious suite of 80m2 offers a royal comfort including king size bed, 
a separate sitting area, 55″ flat screen TV etc. This suite features a jacuzzi tub outside 
on the spacious private terrace with loungers and that really makes the difference.
• Glamour Suite: for an amorous stay in a 75m3 large suite. A romantic stylish bath tub 
is placed in the middle of the suite to relax. This suite also has a private terrace with 
loungers.
• Cocoon Suite: for a luxury holiday in a 75m2 large suite with a personalized decoration, 
2 spacious walk-in showers, 2 separate washbasins, a comfortable seating area, desk 
and a private terrace with sun beds to dream away at sunset of this wonderful 
paradise.
• Garden and Pool Suites: our 2 standard suites of 35m2 on the ground floor overlook 
the tropical garden or the swimming pool, have 2 walk-in showers, king size bed, 55″ 
flat screen, 2 separate washbasins, refrigerator, coffee machine.
Casa-22 is located at: Calle Piano 2 - Reparto Tavares 57000 Sosúa, Dominican Republic.

About the location:
• Located in residential area, dead end street
• 15 minutes from Puerto Plata International Airport
• 5-minute walk to the beach of Sosúa
• 10-minute walk to the beach of Alicia
• 5-minute walk to the center of Sosúa with supermarkets, restaurants and bars
• 10 minutes to Cache Cabarete

Property Description, Maintenance and Management
The hotel was built in 2016 on a 1,269 m2 land area and is in a very good condition. The 
constructed area is 650 m2 (2 floors). It has been in operation since the initial opening and 
has received hundreds of guests over the past years. Recently the following investments have 
been made to upgrade the property:
- New pool deck with very durable stone
- New washing machine, generator, boiler
- Rooftop insulation and paint
- Security measures

In 2018 the property was valued at $1,620,000. The valuation report is available for review.
The property is insured at this value.

In 2021-22 investments of $100,000 have been made to upgrade the property.
Annual fixed costs: ~$32,000
- Monthly fixed costs: management, staff, utilities, admin: ~$2000
- Annual insurance premium: ~$8000
Potential
- Hotel revenue potential when positioned, marketed and promoted adequately.
- Extend property, development of rooftop area.
- Change into a private residence or an AirBnB type of property.

I am a Realtor now living in Sosúa, Dominican Republic. These are some of my travels around the cities on the North Coast and some hot properties for sale around the Dominican Republic. I escaped from Canada before the travel restrictions came in. We have the connections to help you do the same, if you're looking to relocate and experience true freedom and the love of your fellow humans. 

Dominican Republic is a stable and increasingly valuable real estate market. Short term rentals can be very lucrative here with great ROIs and monthly cash returns. You'll initially need to get over "sticker shock", if you are from North America, as prices seem very low to the untrained eye. I have been in organized real estate in Canada for over 30 years and have a good eye for value, strong connections to local inventory, negotiation skills and deal with the highest of integrity. I have coached agents and sellers for decades on the advantage of using higher initial listing or Co-Op commissions to sell real estate for better prices and higher nets. Ask about our cash-back program or generous referrals for birddogs sending business this way 

Reach me directly at BuyingDominicanRepublic@gmail.com or 18093308926 on the cell text or WhatsApp

Jim Fannon

OFFERING Casa 22 Sosúa Dominican Republic 5 Unit Boutique Hotel

Casa 22 For Sale Sosúa Dominican Republic 
CASA-22 Luxury Boutiq…