Exclusive, Newly Built $565,000 - Apartment Building, Building
Multi-unit Residential Building in Cabarete – Exclusive To DreamingDR
Investors Alert! A rare opportunity awaits to acquire a newly built 4-unit residential building in the heart of Cabarete. Conveniently located off the popular Callejon, it offers proximity to grocery stores, restaurants, the beach, and more.
Property Details
The building comprises a total of 4 units, including 3 two-bedroom apartments, 1 one-bedroom apartment, and an office with a washroom. Notably, pre-approved permits are in place to construct two additional apartments on the third floor, along with a rooftop terrace on the fourth floor.
Excellent Investment Potential: Situated on a 500 square meter lot, this property presents excellent rental income opportunities. Currently, all units are occupied with tenants.
About The Community
Cabarete – The Wind and Surf Capital
Cabarete is a renowned tourist area recently named the Wind and Surf Capital of the Dominican Republic. Nestled amidst mountains, lagoons, and white sand beaches, it offers an appealing lifestyle for both tourists and expats who have made Cabarete their new home.
Watersport Paradise
Watersport Capital of Dominican Republic
Cabarete gained fame in the 90s as a tourist destination, particularly for windsurfing. The perfect wind and waves for water sports, including the invention and development of kitesurfing, have made Cabarete a top destination.
Kiteboarding Haven
Kiteboarding in Cabarete
With 330 days of wind annually, Cabarete remains a top destination for kitesurfing. Kite Beach, renowned as a world-class kiting spot, has been the hometown of some of the world’s best kite surfers.
Convenient Access
Major Airports Nearby
- 15 minutes from Gregorio Luperón International Airport (POP)
- 1 hour and a half from Santiago de los Caballeros International Airport (STI)
- 4 hours from Las Américas International Airport (SDQ) in Santo Domingo