Income Producing Commercial Opportunity in Salinas
Salinas, Salinas, Santa Elena, Ecuador
Basic Listing Information
- Price:
- $6,500,000
- Listing ID:
- CS2000043
- Property Type:
- Hotel
- Listing Type:
- Commercial Sale
- Status:
- Active
- Images:
- 18
- Beds/Baths:
- 48/48
- Location Type:
- Oceanfront
- View Type:
- Bay View, City View, Beach View, Ocean View
- Total Lot Size:
- 1,145.00 m² (12,324.63 sq ft)
Own one of the most prestigious commerical properties in Salinas, Ecuador this hotel is located in the heart of it all. Salinas is the most prominent beach city in Ecuador and has multiple tourist seasons with all the amenities such as bars, restaurants, shops, etc. and facilities of all kinds (hospitals, clinics, schools, supermarkets, banks, etc.).
The Hotel is geared to those guests who are looking for convenience, personalized service and spacious rooms with all the comforts. The location is ideal for couples, families and groups of friends planning a vacation at the beach.
There are rooms with direct ocean views and the city and there are rooms and suites with kitchens available. The rates include breakfast, free WIFI in all its areas, swimming pool, cafeteria and tourist information.
The structure itself sits on a 1140 square meter lot and is comprised of 2 towers, each 13 stories high and having a total of 2 elevators. There are 32 suites consisting of 2 bedrooms each (20 ocean-view and 10 city-view) with capacity of 4 people each. There are 16 double-rooms with city view having capacity for 2 people each.
There are 3 different event halls which each have capacity for 200 people. There are 2 commercial spots on the ground floor which are independent from the Hotel and can be rented out separately (current rental income from commercial tenants yield $4700/month). Installations include a restaurant, pool, jacuzzi and large reception area. There is a separate administration office, laundry room, and a parking lot with capability for 10 cars. The building has 2 generators and 2 transformers. 2018 reported income was $800k. Possibility of conversion to Condos. Being sold totally turn-key.
Details
- Number of Bedrooms:
- 48
- Number of Full Bathrooms:
- 48
- Total Interior Area:
- 7,400.00 m² (79,652.62 sq ft)
- Total Lot Size:
- 1,145.00 m² (12,324.63 sq ft)
- Number of Stories:
- 13
- Roof Type:
- Concrete Flat Roof
- Floor Covering:
- Tile
- Construction Type:
- Concrete Block, Concrete
- Construction Status:
- Completed
- Year Built:
- 1990
- Appliances Included:
- Stove, Microwave, Refrigerator
- Air Condition Type:
- Window Unit, Split Air Conditioner
- Furnished Type:
- Fully
- Pool:
- Yes
- Jacuzzi:
- Yes
- Parking Type:
- Parking Lot, Garage
- Number of Parking Spaces:
- 10
Geography
- Location:
- Salinas, Salinas, Santa Elena, Ecuador
- Country:
- Ecuador
- State:
- Santa Elena
- County:
- Salinas
- City/Town:
- Salinas
- Location Type:
- Oceanfront
- Geographic Type:
- Coast
- View Type:
- Bay View, City View, Beach View, Ocean View
Features
- Interior Features Included:
- Elevator, Water Heater, Recessed Lighting, Sliding Glass Doors, Washer/Dryer Hookup
- Exterior Features Included:
- Outside Seating-Area
- Security Features:
- Perimeter Fencing, Gate Guard, Security Lighting, Monitored Alarm System
Infrastructure
- Street Access Type:
- Paved Road
- Type of Water:
- City Water
- Type of Electricity:
- Public
- Type of Sewer:
- Public
- Type of Internet:
- Cable Internet, DSL Internet
- Type of Television:
- Cable Television, Satellite Television
Financial/Legal
- Price per Air-Conditionable Living Area:
- $878.38/m2 ($81.60/sqft)
- Price per Square Meter:
- $5,676.86/m2 ($527.40/sqft)
- List Price:
- $6,500,000
- Ownership Type:
- Escritura Public