House For Sale In Altos de Arroyo Hondo III, Dominican Republic

Property Description

New Residential Construction Opportunity In Santo Domingo, Dominican Republic

Residential Home For Large Family Opportunity or Possible Conversion For Bed & Breakfast, Small Boutique Hotel / Airnb, Upscale Professional Hostal for Digital Nomads

6,000+ square foot new construction (70% completed) in a residential area of Santo Domingo, Dominican Republic. 5 Bedrooms (4 with own full bath) on second floor, two additional bedroom possibilities or offices on first floor with area for reception / office, kitchen & large dining areas, 30 foot by 20 feet living / social area space. Patio area ready for cooking & outdoor kitchen with full bath & locker area. Separate 2 story service building with additonal studio with full bath on second level (ideal for maid quarters or as an office, etc). Space for swimming pool & much more.

Located 25 Minutes To City Center (Naco, Piatini Area) and 35 Minutes To Zona Colonial (Gascue). Property is offered at BELOW APPRAISED market value. As the property is adjacent to Villa Claudia also very accessible to Avenida Republica De Columbia (Pricesmart, US Consulate, etc.), also 20 minutes by car to INTEC University & UNPHU (as a possibility for student housing).

While originally designed for a large family it can be easily converted or finished for use as a boutique micro-hotel, short term corporate executive housing, co-living facility, assisted living facility, university student housing or short term housing for international medical patients (medical recovery center).

Due to the fact that the construction is not fully completed it offers the opportunity for potential buyers to finish the building according to their own needs and of of course the asking price is offered at a deep discount to the appraisal value (considering of course the additional constructions for any potential buyer)