🌟 Discover This Spanning 1,909.58 Square Meters Renovation Ready Mixed-Use Property in La Boca, Cabarete
Ideal for visionary investors, this plaza offers a unique blend of commercial, residential, and leisure spaces that can be transformed into a thriving hub of activity and income generation. Plaza building structure is super solid and designed for more structural expansion.
Ground Floor Highlights:
- 8 Commercial Units (4 Leased):
- Current tenants include a Mini Supermarket, Cooking School, Carpenter Quarters, and Entertainment Lounge.
- 4 additional units available for new tenants or creative ventures such as boutique shops, a medical plaza, or wellness centers.
- Ground Floor Pool:
- Renovate this 200 m² space to create a relaxation zone or a premium event area, adding more value to the property.
Second & Third Floor Features:
- 54 Studio Units:
- Ideal for short- or long-term rentals or repurposing into premium apartments for resale.
- Units can also be converted into accommodations for a holistic retreat or staff housing for a commercial hub.
- Third Floor Rooftop Terrace:
- A versatile space with stunning views, perfect for yoga sessions, events, or a rooftop café.
Financing Options:
- 50% Down Payment: Available for qualified buyers.
- 7% Interest Rate: Flexible financing terms.
- Repayment Period: Choose between 5-7 years, tailored to your investment needs.
Why Invest Here?
Located in the heart of La Boca, Cabarete, this property is surrounded by essential amenities and scenic attractions:
- 6 Minutes to Rio Yasica River: A magnet for eco-tourism and outdoor enthusiasts.
- Adjacent to a Newly Built Gas Station: Increasing traffic and visibility.
- 6 Minutes to the Beach: A significant draw for both residents and visitors.
- 25 Minutes to CMC Hospital: Perfect for medical or wellness-focused businesses.
- 35 Minutes to Puerto Plata Airport: Ensures easy access for tourists, residents, and business travelers.
Envision the Possibilities:
- Apartment Resale: Renovate and upgrade the studio units for sale to homeowners or investors seeking prime real estate in a growing community.
- Commercial Rental Income: Expand leasing opportunities for retail, dining, or professional services, generating steady income.
- Medical Plaza: Establish a healthcare hub with clinics, therapy centers, or diagnostic labs.
- Holistic Retreat: Create a sanctuary for wellness with yoga studios, spa facilities, and retreat housing.
- Shopping Plaza: Develop a dynamic retail destination featuring boutique stores, essential services, and dining options.
Why This Property?
This Renovation Ready plaza is a rare opportunity to repurpose and transform into a high-yield, multi-functional investment. With its strategic location and flexible design, the potential for diverse revenue streams includes:
- Apartment resale profits.
- Steady income from commercial rentals.
- Event and leisure venue revenue.