Millenium Resort & Spa (Hotel) $ 15,738,805

Millenium Resort & Spa (Hotel)
Millenium Resort & Spa (Hotel)
Millenium Resort & Spa (Hotel)
Millenium Resort & Spa (Hotel)

Elite Seller Premium Seller

For sale by

Holden Sotheby's International Realty

Plaza Ocean One, No. 3318 Calle Principal
Calle Principal
Cabarete
Dominican Republic
Member since 2015 Trusted seller
5b8a8733 131c 42f1 975c 3da03b67d3db?sha=4906e8e67594fdb8
Responsible agent William Holden
BR

Listed Price

$ 15,738,805
approx. $ 15,738,805
approx. € 13.801.735,84
approx. 57,811,479.49 د.إ
approx. $ 21,637,929.46
approx. $ 20,644,606.26
approx. CHF 15,650,321.44
approx. ¥ 108,401,019.44
approx. £ 12,328,080.05
approx. $ 123,550,406.19
approx. 102.502.508,79 kn
approx. $ 300,366,012.13
approx. 131.703.736,73 kr
approx. 1.063.570.208,32 ₽
approx. 143 517 126,38 kr
approx. ฿ 524,574,370.65
approx. R 225,461,293.30
approx. $ 484,881,922.86
approx. ₱ 841,309,904.66
approx. 355 568 721,74 Kč
approx. ₨ 545,350,632.01
approx. $ 21,633,790.15
approx. $ 13,091,994.42
approx. $ 10.393.906.822
approx. B/. 15,738,805
approx. $ 31,477,610
approx. ₹ 1,100,381,715.07
approx. ¥ 1,744,245,195
approx. $ 42,534,907.45
approx. $ 23,845,045.04
approx. £ 12,328,080.05
approx. R$ 61.123.585,09
approx. ₪ 58,140,247.39
approx. ر.ع. 6,058,574.291
approx. 59 355 755,30 zł
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Details

  • Location: Cabarete, Dominican Republic
  • Property type: Other
  • Bedrooms: 62
  • Living area: 55757 sqft (5180 sqm)
  • Land area: 8000.0 sqm (86111.2 sqft)
  • Internal Reference: 8JEGF3

Description

Millennium in Cabarete on the north coast of the Dominican Republic is unique in many ways. To begin, the developer and architect team had a long history of developing traditional, Mediterranean-style projects. With Millennium Cabarete however, they used their international travel experience to create a newer and more modern design considered by many a cross between South Beach in Miami and Cartagena in Columbia. In addition to the clean and modern design, this project was built for multi-purpose use. In one sense, individual apartments could be titled individually, or the development could be run as a family compound, corporate retreat, or resort facility. To this end, Millennium Cabarete includes a reception bar, beachfront restaurant, full-service gymnasium and spa, and an ocean-front infinity swimming pool with sun decks and platforms for both stage and musical festivals.

The apartment interiors are also unique in their versatility of use. On the one hand, the larger units can be used as family or group luxury suites. Or, they can be used as private modules with separate private entrances. But again, the various living modules can all be connected together for combined usage. This also adds to the versability of all the condominiums in Millennium.

Another unique feature of this property is that the entire complex has been put up for sale. Thus, the property is available to a private investor, or an investment group that would like to have the development operated as a small boutique hotel. The income streams can be both multiple and diversified.