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)
Total Interior Area
0.74 ha (1.83 acre)

Contact Information

Amy Prisco
Amy Prisco
Agency
Amy Prisco Agency ~ Real Estate Services in Ecuador
Agent
Amy Prisco
Phone
+1 646-396-1026
Cell Phone
+593-9-67-043-050
Office Phone
+593-96-704-3050
Email
amy@amyprisco.com
Website
http://AmyPrisco.com

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

Listing Images