Hooked Cabarete

  • $890,000/Or Best Offer
Dominican Republic, Cabarete, Dominican Republic
Sold

Hooked Cabarete

Dominican Republic, Cabarete, Dominican Republic
  • $890,000/Or Best Offer

Description

Surf, Kite and Yoga Resort

This well known operating business is nestled away in the center of Cabarete, the surf capital of the country. This profitable business is located only a 5 minute walk to the world renowned beach, Playa Encuentro. A 20 minute drive from the North Coast’s largest International Airport, just 10 minutes to both Sosua and Cabarete city centers. 

This boutique hotel has been ranked #1Trip Advisor for the last 3 years for its record of returning and happy clients. It’s ties to the surf and kite community keeps Hooked Cabarete fully booked for all of high season and at over 70% capacity in low season.

8 Studio Apartments

Walk into the lush tropical gardens and you are met with tranquility. There are 8 studio apartments each with its own kitchenette and garden balcony plus an ocean view 3 bedroom unit with a large kitchen and rooftop terrace. Five of the studios are larger, and can sleep up to 4 people, 3 smaller for a maximum of 2 people. 

A big draw for clients to these units is the private terrace where guests can immerse themselves in Caribbean living with their own hammock, table, and chairs.

The water filtration system in place for the hotel purifies the water, making it drinking quality everywhere on site. 

Stunning Tropical Design

Around the corner of this walled property is a picturesque roofed wooden structure with hardwood flooring and gorgeous tropical flowers and fauna around the perimeter.  Accompanied by the sounds of nature, this space can be used for yoga or fitness classes, workshops, private or group therapy sessions, or events. Next to the open structure is an outdoor kitchen, that is used by caters to prepare meals and a huge garage perfect for storing the tools and appliances needed. 

The grounds are impeccably maintained, with herbs, orchids, flowers, and colorful plants at every turn.In the far corner next to the slackline and library nook is a separate covered BBQ area  and dining tables. Between the BBQ hut and the rooms is a large swimming pool with an interesting shape.

1700 sq ft Owner’s Apartment

Located at the to of the main structure there is an oversized 175m2, 3 bedroom, 2 bathroom apartment with gorgeous views looking over the green trees to the ocean. It can be kept just as a much larger rental option or split into more rentable units for more income potential. Currently it is occupied by the managers of Hooked. The living area is spacious and open plan, with wooden beam finishes, and newly installed countertops. Outside there is an oversized sun-soaked terrace, but it also could be converted into a rentable space. 

The potential of this property is uncapped for visionaries, opportunities to invest in a business of this nature do not come around every day. 

It’s worth noting that the Playa Encuentro neighborhood has seen the most growth in property value on the North Coast of the island, arguably the entire country! Word has caught on about the world-class waves, cheap lifestyle, beautiful people, and great nightlife.

Additional Details

Hooked Cabarete Surf & Kite Resort, located in Cabarete, Dominican Republic, is all about surf, kite and relax. Stay in walking distance from Playa Encuentro. It is the #1 surf spot in the DR and the best surf spot in the Caribbean and only 3 miles from Kite Beach. Surfers, kiters, and people who enjoy a tropical adventure love this quiet, clean and safe place in paradise thus our guests come back year after year.

dominican republic surf & kite resortAccommodations

High quality apartments are suited for one, two, three or four persons. They will enjoy all apartments with a kitchen, couch, bathroom, potable hot and cold water, private terrace with hammock, 24 hour electricity, and air-conditioning. Facilities include a swimming pool in the large, tropical garden, a BBQ grill, yoga platform and a free high speed internet connection.

The Reviews Say It All

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Do You Want to Retire Early and Enjoy Life?

  • Play host to active people from every corner of the globe.
  • Easy to run business with a 10 year track-record of profitability

The business consists of 8 fully equipped studio apartments with a private terrace, located around a tropical pool. There is a 1700 sq ft owner’s apartment with a balcony. It is located on the first floor of the main building.

Modern amenities:

  • 24/7 Electricity and Security
  • Fast WiFi
  • Yoga platform

Activities

Hooked Cabarete is not only right next to the surf spot but also only a short ride from world-class kiteboarding and windsurfing conditions. Other activities include yoga, stand-up paddling, wakeboarding, mountain biking, canyoning, kayaking, horseback riding, snorkeling, diving, fishing, zip-lining, hiking, and seasonal whale watching.

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Neighborhood

Cabarete is located on the North Coast of the Dominican Republic. It is a world-renown destination for surfers and kiters. Hooked Cabarete is located 500m from Playa Encuentro the best surf spot in the Caribbean.

There are daily flights from the USA, Canada and Europe. It is a 20 min car ride from the International airport of Puerto Plata to Hooked.

Known as the Mecca for Kitesurfing, Cabarete offers great opportunities for water sports. Year by year many enthusiastic kiters and surfers from all over the world, or those who want to become one, choose Cabarete as their favorite destination for a holiday. Perfect wind and wave conditions, crystal clear warm water, lots of sunshine and the beautiful Caribbean surroundings with its white beaches and thousands of palm trees are the best reasons to come. And besides surfing and kitesurfing, lots of other things to do and see. See the Inertia article on Dominican Republic surfing and water sports.

Willing to train new owner as requested.

Management and staff in place if the new owner(s) wants to be hands-off / absentee owners. Ideal for a couple looking for a live style change!

  • City Cabarete
  • Country Dominican Republic

Details

Updated on April 16, 2023 at 11:32 am
  • Property ID: ISP-3725
  • Price: $890,000/Or Best Offer
  • Property Size: 610 m²
  • Land Area: 1650 m²
  • Bedrooms: 11
  • Bathrooms: 11
  • Garages: 10
  • Property Type: Surf Resorts & Camps
  • Property Status: Sold

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