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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)

Listing Images

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.

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

Income Producing Commercial Opportunity in Salinas

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

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Agent Information
Amy Prisco
Amy Prisco

Amy Prisco

Owner / Founder

Amy Prisco ~ Real Estate Services in Salinas Ecuador

Phone:
+1 646-396-1026
Cell Phone:
+593-9-67-043-050
Office Phone:
+593-96-704-3050
Agent Contact