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#1 Rated Hotel in Olon.. Income Producer!!

Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador

Basic Listing Information

Price:
$549,000
Listing ID:
CS1700016
Property Type:
Hotel
Listing Type:
Commercial Sale
Status:
Active
Images:
90
Beds/Baths:
10/10
Location Type:
Ocean-Vicinity
View Type:
Mountain View, Garden View, Ocean View
Total Lot Size:
460.00 m² (4,951.38 sq ft)

Listing Images

This is your chance to own a totally turn-key, highly successful, money making apartment/hotel in Ecuador's number one beach town, Olon. This hotel is only 1 1/2 years old. It boasts 9 big and modern suites, 6 of them with full kitchens, for a total of 30 guests at one time. It has over 200 excellent reviews and is number 1 on both booking.com and tripadvisor.com. It will be sold as a business with all of the inventory needed for daily operation. Financing available

See what the agent says about this listing (original title and description):

#1 Rated Hotel in Olon.. Income Producer!!

This is your chance to own a totally turn-key, highly successful, money making apartment/hotel in Ecuador's number one beach town, Olon. This hotel is only 1 1/2 years old. It boasts 9 big and modern suites, 6 of them with full kitchens, for a total of 30 guests at one time. It has over 200 excellent reviews and is number 1 on both booking.com and tripadvisor.com. It will be sold as a business with all of the inventory needed for daily operation. Financing available

Long Description

This is your chance to own a totally turn-key, highly successful, money making apartment/hotel in Ecuador's number one beach town, Olon. This hotel is only 1 1/2 years old. It boasts 9 big and modern suites, 6 of them with full kitchens, for a total of 30 guests at one time. It has over 200 excellent reviews and is number 1 on both booking.com and tripadvisor.com. It will be sold as a business with all of the inventory needed for daily operation. This amazing place includes the following: a fully functioning rooftop restaurant, swimming pool, beautiful tropical garden, parking lot, rooftop terrace, hammock area, fully equipped reception area and a ground floor owners apartment. There is an extremely modern reservation system already full of future reservations. The current owner has proof of income and occupancy rates. This hotel is a preferred partner of Booking.com, so guests will always see this place on the top of the 20 plus hotels in this area. Many return guests and great word of mouth and online reviews have increased the occupancy and good reviews. The building is constructed 100% in European style with extremely high (3 meter) ceilings, completely tiled bathrooms, 2 meter wide stairs, super wide hardwood doors, accessible showers and a very modern, clean looking interior. The completely furnished kitchens in most rooms come with brand name appliances, ovens, blenders etc. Each guest room also comes with TV and air conditioning. The hardwood furnishings make it look modern as well as rustic which makes it practical, clean and easy to maintain. The walls are very thick so you will not here your neighbors! The cistern holds 6000 gallons of water and there is also a very large septic tank. The owner is available for training, guidance and completely guarantees all of the incomes, reservations and reviews. Inventory list: 4 big refrigerators and 9 small refrigerators 8 split Panasonic air conditioners 2 window air conditioners 11 HD 32" televisions-Sony Bravia SmarTV Blenders, water heaters, ovens etc 12 ceiling fans with lights Large quantity of tables and chairs 5 HD cameras and new computer system 7 hardwood queen beds and 6 double beds 7 sofa beds All beds with orthopedic hotel quality mattresses and NASA foam and feather pillows Many sets of sheets and dozens of towels 2.5HP pump and 120 gallon pressure tank 2 Bosch 16L/Minute water heaters (gas) 2 large washing machines 2 large dryers curtains, rugs, cleaning supplies and much more!! Inventory is valued at $75,000 plus!!

Details
Number of Bedrooms: 10
Number of Full Bathrooms: 10
Total Interior Area: 500.00 m² (5,381.93 sq ft)
Total Lot Size: 460.00 m² (4,951.38 sq ft)
Number of Stories: 4
Roof Type: Concrete Flat Roof
Floor Covering: Tile
Construction Type: Concrete, Stucco
Construction Status: Completed
Year Built: 2015
Appliances Included: Stove, Oven, Washing Machine, Microwave, Refrigerator, Dryer
Air Condition Type: Split Air Conditioner
Furnished Type: Fully
Pool: Yes
Jacuzzi: No
Parking Type: Street, Carport
Number of Parking Spaces: 5
Geography
Location: Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador
Country: Ecuador
State: Santa Elena
County: Santa Elena
District: Manglaralto
City/Town: Olón
Location Type: Ocean-Vicinity
Geographic Type: Coast
View Type: Mountain View, Garden View, Ocean View
Features
Interior Features Included: Marble/Granite Countertop, Sliding Glass Doors, Ceiling Fans
Exterior Features Included: Balcony, Motion Detectors, Water Faucets, Covered Patio, Outside Seating-Area
Security Features: Perimeter Fencing, Security Lighting
Infrastructure
Street Access Type: Paved Road
Type of Water: City Water, Water Tank
Type of Electricity: Public
Type of Sewer: Septic
Type of Internet: Cable Internet, DSL Internet
Type of Television: Cable Television, Satellite Television
Financial/Legal
Price per Air-Conditionable Living Area: $1,098.00/m2 ($102.01/sqft)
Price per Square Meter: $1,193.48/m2 ($110.88/sqft)
List Price: $549,000
Ownership Type: Escritura Comuna, Escritura Public

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Agent Information
Riley y Maydelin Rezka
Riley y Maydelin Rezka

Riley y Maydelin Rezka

Brokes

Gold Coast Properties Ecuador

Phone:
+593 09 68 826958
Cell Phone:
+593 09 69794484
Office Phone:
+593 096 979 4484
Agent Contact