An excellent opportunity to acquire a profitable real estate asset in one of the most prestigious and recognizable locations in the Caribbean. Cabarete, located on the north coast of the island, is rightfully considered the world capital of kitesurfing and surfing, annually attracting thousands of tourists from around the globe. In this unique location, an eight-unit building is offered for sale, perfectly aligned with the concept of active recreation and capable of generating stable income.
The property’s location is its key advantage. The building is situated in the very heart of Cabarete, within walking distance of the city’s developed infrastructure. The famous Kite Beach is just a 5-minute walk away, making this project extremely attractive for water sports enthusiasts. Guests of the residence can reach the water without wasting time, enjoying ideal conditions for surfing and kitesurfing.
The property is a fully operational building consisting of 8 apartments. The layout has been designed with the needs of various categories of tenants in mind. The complex includes 5 studios, each equipped with a private bathroom and a kitchenette, ensuring comfortable living for solo travelers or couples. The building also features 3 spacious apartments with a layout comprising a living room, a separate bedroom, a fully equipped kitchen, and a bathroom. This variety of formats allows the owner to be flexible in forming a tenant base.
The investment appeal of this offer is driven by the high demand for rental properties in the region. This asset is ideally suited for both short-term rental businesses (such as Airbnb and similar platforms) and long-term contracts. Thanks to the popularity of the location as a year-round resort, the business is capable of operating and generating profit 12 months a year with minimal building maintenance costs.
The price of this complex is 350,000 USD. This is a profitable capital investment for those seeking a turnkey business project in the tourist real estate sector of the Dominican Republic. By acquiring this property, you are not just buying walls, but a performing asset in a world-renowned location with a stable tourist flow.
