This property was recently operated as “Boutique Hotel Las Ballenas Escondidas” and is now for sale. The owners are still in residence, but minor repairs are needed before the buildings on the property are fully operational. The property consists of 7 buildings and includes kitchens and multiple dining areas with minor updates needed. The community swimming pool is fully operational. Included in the 8,000 square meters is a vacant parcel of land that can be used to construct an additional building such as a restaurant or social club.
Guest Bungalows
There are 4 categories of rooms, all equipped with bathrooms. These include: Three with garden access (2 persons); Three with terraces located in the same building (2 persons each); Five bungalows for 2 persons and Two bungalows for 4 persons. All are in working order but need cosmetic repairs.
Swimming Pool Area
The entire property is laced with steps and walkways that wind through tropical gardens and leads down to a secluded beach. There is also a jacuzzi just above the beach.
Why Naranjos Beachfront
Is located in front of the Samaná Bay in an idyllic and completely paradisiacal natural environment, surrounded by beautiful tropical gardens and a few meters from the beach. due to its location, it is ideal for practicing all kinds of activities such as diving, fishing, horseback riding, tennis, golf, quad biking …
Area Video
Valuation
Taking into consideration the value of the land alone with no buildings attached, the $875,000 sale price divided by 8,000 square meters would equal $109 per square meter. Assuming a value of $400 per square meter for the combined 7 buildings which total 1,000 square meters, a total value for the buildings alone would equate to $400,000. Taking this into consideration, the value of the land would equate to $475,000, which would in turn, place the land value at $60 per square meter. To be clear, these numbers are used only as examples and a current market analysis should be completed prior to making a final valuation of the entire project.
Secluded Beach Images
The beach is easily accessible by all buildings on the property. The beach is in a protective cove and family friendly. As you can see from the images above, the swimming area is sand and not rocks.
There is also excess land that can be used for new construction. This could be a primary residence or additional guest rooms.