Property Removed | Dominican Republic, Sosua | 1 Bedroom

DETAILS

Apart-hotel Sosua Plaza,

Dominican Republic, Caribbean

Unbeatable prices..













is one of the most beautiful beaches in the Dominican Republic, and, not surprisingly, one of the most popular tourist destinations in the Caribbean.



Sosua is located on the North coast of the Dominican Republic, bathed by the blue waters of the Atlantic Ocean, only 12.4 miles from Puerto Plata City.



It offers its visitors first class hotel accommodation, tourist resorts, restaurants offering great seafood and international cuisine, sunbathing, snorkeling, water-skiing, scuba diving, and excellent nightclub entertainment.



Dominican locals have enjoyed Sosua for many years, and now Europeans and North Americans have also discovered the beauty of this tropical paradise –  no wonder so many of them are staying to live there all-year round.









The apartments are located in a successful apart-hotel in Sosua, one of the most popular resorts on the North coast of the Dominican Republic. Puerto Plata airport is 10 minutes (6 miles away) and Sosua Beach is a mere 5 minute walk.



The price of flights to the Dominican Republic has dropped considerably in recent years, leading to a dramatic increase in the number of holidaymakers from Europe. As with many resorts, a lot of these tourists now shy away from being stuck in a hotel for two weeks and increasingly look for good quality rental apartments.



These apartments are a great example of an affordable investment that produces consistently high rental returns.

Apartment types and features



The studios are 32 m2 with a private balcony, on a well maintained and gated hotel complex.



Studios are within an Apart-Hotel in the Centre of Sosua. All apartments are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV. As well as security locks, electronic room safety deposit box and a balcony overlooking the pool.



There is a restaurant offering an extensive breakfast, snacks, lunch and dinner with national and international dishes and a friendly bar offering all types of drinks including Caribbean cocktails!



Lots of restaurants, entertainment etc within walking distance.




Passive rental income – no work!!!



As the apartments are located within a successful apart-hotel, all the renting, cleaning and maintenance is done for you.



This  is  a  HANDS  FREE INVESTMENT.



You can sit back while your apartment pays for itself and treat yourself to free accommodation whenever you wish to take a few weeks holiday.



The Dominican Republic



The Dominican Republic is located on the Caribbean island of Hispaniola, which belongs to the Great Antilles. In the North, the island verges the Atlantic Ocean and in the south it borders the Caribbean. Eighty percent of the island is mountainous with hills up to 3000 m. The highest mountain reaches 3.175 m its Pico Duarte.



Land area : 18,680 sq miles    Population : 9,365,818 (growth rate: 1.5%)



Investor advantages:

·        Low entry price and great rental record, fully managed rental apartment

·        Fully furnished so no additional expenses and can be let out immediately

·        Tax Free returns, no work to do for the owner.

·        Lowest prices in the Caribbean

·        Excellent resale potential due to the location rental income

·        Occupancy rates are consistently higher than 75% in these apartments

·        Strong demand for holiday apartments in this area, which are in short supply





All apartments have a balcony overlooking the pool and sun terrace





A sofa bed allows additional occupancy – up to 4 adults in total









All apartments have a fully-equipped kitchen 











Located on a crescent-shaped bay, Sosua Beach is a postcard perfect beach. Featuring a backdrop of towering cliffs, the waters here are calm, clear and a deep shade of turquoise.



There is so much to do - shopping or eating in Sosua, snorkeling or even taking a glass bottom boat tour.



If you are into sports, you will have a hard time choosing what to do. Different water sports such as diving, jet-skies, water-skiing, surfing and a lot more await you. There are numerous diving schools if you want to explore the beautiful underwater world. There is a riding stable close to the apartments that also offers trips for beginners.



Discover the beautiful landscape of the north coast on horseback!














Sosua from the air















Price for Studios



£23,750 fully furnished, ready for rental.





£2,000 reservation



£21,750 payable within 15 to 30 days (unless a mortgage is required)



Legal fees and local taxes are £1,300



*100% finance available     10% rental income







* subject to status