$352,000

Description

Monte Cristi - The Perfect Hostel Facility

The Perfect Hostel Facility is located in the friendly and safe community of Monte Cristi with its

* National Park Beach

* Active Eco-Tourism

* 20 Bedrooms of Varying Sizes

* 8356 Square Feet of Block and Cement Construction

* 2400 Square Feet of Outdoor Multi-Use Space

The hostel Monte Cristi is located less than a mile from both the beach and a half mile from the center of town. With over 8300 square feet of block and cement construction including 20 bedrooms, in addition to 2600 square feet of outdoor multi-use space for dining, there is plenty of room for hostel guests.

Used as an international language school for more than 10 years by an American non-profit organization, the facility regularly housed more than 60 guests. Also, perfect as a language school or mission center.

The first floor of the Monte Cristi hostel is primarily an open-air dining room space with a small kitchen and two bathrooms. The second floor is an apartment with 3 bedrooms. The third floor has 5 bedrooms each with a private bath and open-air patio plus 2 large bedrooms - set up hostel style with community bathrooms.

Far from the big city of Santo Domingo and the lavish resort area of Punta Cana, Monte Cristi is still unknown to international tourists. This beautiful and historic beach town is home to approximately 43,000 friendly and welcoming citizens.

Just two hours from the Santiago International Airport (STI) which is a two-hour flight from Miami, Monte Cristi is home to El Morro National Park, the beautiful Monte Cristi pier and Malecon, the Jose Marti and Maximo Gomez Museum, and the clock tower designed by Gustave Eiffel, of Eiffel tower fame!

The people of the Dominican Republic are very internationally connected, with many having family living in the United States, Canada, and Europe. Passionate about music and dancing, baseball, good food, family and friends, Dominicans are vibrant and energetic neighbors. Home to some of the world's most beautiful beaches and with a pleasant tropical climate, the Dominican Republic makes the perfect location for a hostel.

Professionally appraised in 2022 for over $500,000, the Monte Cristi Hostal or Language Center is offered for sale at the reduced price of $396,000. That is just over $47.40 per square foot of block and cement construction, making this an incredibly affordable opportunity to purchase a hostel. The price is for the buildings and property only. The furniture can be negotiated at a very reasonable price.

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Features:
* 24hr Electricity
* Near Schools
* Near Shopping

This Hotel style property is located in is currently Commercial Investment Properties and has been listed on Select Caribbean Properties. This property is listed at $ 352,000.00. It has 20 beds bedrooms, 6 baths bathrooms, and is . The property was built in year.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Residential For Sale
• Home size: 0 ft² / 0 m²
• MLS: 16369-54680
• Web ID: FAYVAV
• Status: Available

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