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Lovely 5-House Property in ProCab

549,000 USD

Description

ProCab

(Lovely 5-House Property in ProCab)

Pro Cab is located a few steps from the center of Cabarete, a Caribbean treasure known for being a perfect spot for water sports practice.
This Cabarete neighborhood has a reputation for being peaceful and family-friendly. Pro Cab features villas, apartments, a Surf Camp, and a famous restaurant with the best Churrasco in town!

A relaxed ambiance makes this place a paradise of tranquility. Also, this gated community with private security 24/7 is close to the beach.

Finally, Pro Cab is just a few steps from the main supermarket, restaurant area, and shopping.

Lovely 5-House Property in ProCab

Why to buy just one house when you can buy a whole complex with 5 houses for the price of one? This fantastic property in the center of Cabarete offers four 2-bedroom houses and one 1-bedroom building. It thus provides diverse accommodation options for long-term tenants and short-term vacationers at the same time while also letting the owner to live on the premises and to have the fingers on the business pulse.

All the houses are sold furnished making the property ready for immediate use. The property contemporary style reflects simplicity and serenity with a unique Caribbean charm. Moreover, the swimming pool in the center of the property is encircled by a pool deck and lush tropical garden, providing every guest with the opportunity to enjoy a rejuvenating oasis.

As for the maintenance costs, this lovely 5-house property in ProCab is also a winner. The average monthly bill is barely around US$350, including the ProCab association fees, water, garden/pool maintenance and common areas electricity. Besides, every house has its own electricity meter so you can charge every tenant separately for their energy consumption. The property has undergone regular maintenance, with all major repairs efficiently handled over time so the future owner won’t get any unpleasant surprises.

Finally the rental potential of this 5-house property in ProCab presents some lucrative numbers. The 2-bedroom houses are currently being rented at US$50-85/night (depending on the season) for short-term stays and at US$850/month for long-term stays. While the 1-bedroom house is offered for US$45-65/night (depending on the season) for short-term stays and for US$650/month for long-term stays. Calculating a conservative 70% occupancy rate throughout the year and a combination of long and short-term rentals, you can expect close to US$4,800/month in income on average.

Contacts us today to learn more about this lovely 5-house property in ProCab. Its potential for profitable returns combined with minimal maintenance expenses makes it a distinguished option in the market.

 

Detail

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    9
    Bedrooms
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    9
    Bathrooms
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    350 m²
    Property Size
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    Land Size
    900 m²

Updated on April 3, 2024 at 12:13 pm

Address

  • Address: ProCab, Cabarete
  • City: Cabarete
  • State/county: Puerto Plata
  • Zip/Postal Code: 57000
  • Neighborhood: Pro Cab
  • Country: Dominican Republic

Contact Agent

Pierre Dardelet
  • Pierre Dardelet
  • 809 753 88 06
  • 809 571 09 99
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