One of a kind gorgeous rental property in the heart of the surf and wind capital of the Dominican Republic, Cabarete. This property is unique not only in design, but its proximity to Cabarete’s most popular attractions and restaurants makes this place a perfect bed and breakfast, boutique hotel, or retreat center.
The most interesting part of this rental property in Cabarete is the owner can live in a private and detached part of the property while earning uncapped rental income from the individual units on the other side.
4 Individual Bungalow-Style Units
There are 4 private bungalow studios situated around a beautiful fish-shaped pool, each with its own kitchen, living area, and bathroom. The bungalows are spacious, have high ceilings, stay cool in the hot months and are all connected to backup power.
Private 3 bedroom Main House
Tucked away in a private corner of the almost 2000 square meter property are 2 additional bungalows that were merged into one to create a 3 bedroom home. A large living room and kitchen take up the entirety of one of the bungalows that was converted to the main house. The home has a large living room, doors that walk out to a private garden, and walls surrounding for extra privacy from the rented bungalows. The second bungalow that was converted into the main house was turned into 3 bedrooms and 2 bathrooms, one of the bedrooms is cozy and perfect for a small child, fitting one twin size bed. The other two rooms are spacious.
This Rental Property in Cabarete is 5 minutes walking distance from the businesses and attractions that make Cabarete famous. Cabarete is a tourist area recently named the Wind and Surf Capital of the Dominican Republic. It is an area of the island that combines mountains, lagoons and white sand beaches. There are restaurants offering delicious food and drinks right on the sand. The nightlife includes live music, dancing, and beautiful lights reflecting off the ocean.
The lifestyle in Cabarete is the main attraction for both tourists and people who have adopted Cabarete as their new home often referred to as “ex-pats.”
There is a common BBQ area in front of the pool and a space by the entrance that could easily be a co-working space or a restaurant either for guests or the public. A sliding gate opens the property to the quiet road so a restaurant would be easy to open in that area. Currently the restaurant is not operating but it would be very easy to use that space for that purpose.
Property Features we need to mention:
Back Up Generator practically new, in perfect condition
The most interesting part of this property is the ability for it to bring great returns on investment. Someone can own a private home and a business all in one location.
Bungalows can rent for $1000 per month for long term (6 months or more) Short term minimum $90/night (Average rates, so as not to differentiate between high and low season)
3 bedroom Villa can rent for over $1500 per month long term (6 months or more) Short Term minimum $150/night (Average rates, so as not to differentiate between high and low season)