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INTERESTING INVESTMENT PROJECT

La Romana, Dominican Republic, La Romana, Dominikanische Republik

FOR SALE

US$ 450.000,-

Property Description

INTERESTING INVESTMENT PROJECT IN LA ROMANA


This property presents an attractive investment opportunity in the form of a three-story building located in the city center. The building offers a total of 980 square meters of usable space on a 385 square meter plot with a clear title.


On the ground floor, there is a commercial space covering 380 square meters, with 320 square meters rented to the prosecutor's office, generating monthly revenue of $3,000 USD. Additionally, there is a 65 square meter cafeteria.


The upper two floors feature four apartments: two apartments with two bedrooms, a living room, kitchen, bathroom, and balcony, and two apartments with one bedroom, a living room, kitchen, and bathroom. All apartments come with service areas.


On the third floor, there is another apartment with two bedrooms, a living room, kitchen, bathroom, and a private terrace.


This property stands out due to its central location, increasing its appeal to potential tenants and ensuring a stable rental income. With a monthly rental income of $3,000 USD from the commercial space alone and the potential for a 14% return on investment, this offering represents an outstanding investment opportunity.


Property Details:

  • Total Construction Area: 980 square meters on three levels.

  • Plot Area: 385 square meters with clear title and demarcation.

  • Commercial Premises (Level 1):

    • Total Area: 380 square meters

    • Rental: 320 square meters rented to the prosecutor's office for $3,000 USD monthly.

    • Cafeteria Area: 65 square meters

  • Residential Apartments (Level 2):

    • Two Apartments: 2 bedrooms, living room, kitchen, bathroom, balcony, and service areas.

    • Two Apartments: 1 bedroom, living room, kitchen, bathroom, and service areas.

  • Residential Apartment (Level 3):

    • Total Area: Configuration includes 2 bedrooms, living room, kitchen, bathroom, and private terrace.

Investment Potential:

  • Rental Income: The commercial space is generating $3,000 USD per month from the prosecutor's office.

  • Return on Investment (ROI): There is a possibility of achieving a ROI of 14%, making it an attractive investment opportunity.

Additional Information:

  • The property includes both commercial and residential spaces, catering to different tenants' needs.

  • The property is centrally located, which enhances its market value and potential for steady rental income.

  • The clear title and demarcation provide security for potential buyers regarding legal ownership of the property.

Given the details provided, this property indeed seems like an excellent investment opportunity, especially with the potential for a 14% ROI. Investors looking for a mixed-use property with a diverse range of tenants might find this option appealing.


  • EXCELLENT FOR INVESTMENT POSSIBILITY OF ROI AT 14%




TITOLO SANTAROSA
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Tasación Mr Guidi copia
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Erwin Karl Wieland

Contact Agent

ERWIN KARL WIELAND

+1 (849) 405-5284

I'm interested in

Property Details

Property Type

EXCELLENT FOR INVESTMENT

Bedrooms

Bathrooms

Size

980 M2 CONSTRUCCION

Floors

Year Built

Property Location

La Romana, Dominican Republic, La Romana, Dominikanische Republik

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