ME Hotel & Villas - Montañita Estates: Buy Montañita's Largest Hotel, Condo and Development
Montañita, Manglaralto, Santa Elena, Santa Elena, Ecuador
Basic Listing Information
- Price
- $2,750,000
- Listing ID
- CS2500048
- Property Type
- Hotel
- Listing Type
- Commercial Sale
- Status
- Active
- Images
- 61
- Beds/Baths
- 55/37
- Beds
- 55
- Baths
- 37
- Location Type
- Ocean-Vicinity
- View Type
- Garden View, Jungle View, Mountain View, Ocean View
- Total Lot Size
- 1.48 acre (0.60 ha)
- Total Interior Area
- 21,527.74 sq ft (2,000.00 m²)
Listing Images
Discover a rare opportunity to own an entire lifestyle destination in the heart of Montañita, Ecuador. A fully operational, income-generating hotel, villas, apartments, restaurant, residential development and plaza — all sitting on 6,000 m2 of oceanview hills on the edge of the jungle.
The ME Hotel broke ground in 2012 and slowly grew to be Montañitas largest hotel and condo project with over 2000 sq/m of block construction spread across 7 buildings. The units include 13 hotel rooms and 14 condominiums with expansion plans for 5 more condominiums.. The property consists of 3 large pools, 4 large jacuzzis, and a kids pool with waterfall. The property also includes a restaurant, gym, spa and beatiful recpecion.
There are 3 purchase options. Hotel & Villas Only at Listed price; Hotel & Land development/plaza +$750,000; Hotel & Luxury home + $750,000.
Key Statistics:
Sales price ME Hotel & VIllas: $2.75 mm
15% cap rate with ability to expand
9 month high season with Occupancy Rate 65%+
3 month low season with Occupancy Rate 30%
Profit margins ~ 60% and expanding
80%+ reservations come direct through Social Media, Instagram, Facebook, Tiktok
Airbnb/Booking.com Customer 8.5 average score
ADR $108 Rev Par $91
Detailed financials can be provided in due dilligence
Montanita Estates and the ME Hotel resides on over 5 acres on a hill overlooking the small bohemian surf town of Montanita, 2.5 hours from Ecuador's largest city and commercial center, Guayaquil. Montanita and the surrounding small pueblos, Olon, Manglaralto, Curia, San Jose, Las Nunez and Entrada have since the late mid - 90s been a tropical escape from the hustle of Guayaquil as city dwellers discovered its pristine beaches and world class surf since named, La Punta. As more Ecuadorian's visited Montanita in the late 90s and early 2000s , the small town began to grow its reputation as a refuge for artisans and surfers to live a bohemian, carefree tropical lifestyle. Since then Montanita has grown into a vacation destination for families seeking a beautiful beach, surfers from around the world for its world class waves, and artisans and partygoers for the tropical vibe and party atmosphere that often does not end until 6 in the morning.
Montanita Estates opened its first building, Nexpa, in February 2013. Since 2013, we've expanded with 5 more buildings to over 20,000 sq. ft of rooms and Villas. As part of our commitment to nature and preserving the rustic appeal of Montanita we've committed over 2 acres to our beautiful tropical garden, three pools, four jacuzzi, and rustic restaurant / lounge. Montanita Estates is the only private community inside Montanita and is perfectly positioned on a hill overlooking the town, close enough for just a short walk to the heart of the town, but far enough away to have a good night's sleep.
Grounds and architectural philosophy
Montanita Estates seeks to combine Montanita's tropical setting with modern architectural design that creates a fusion of the environment with modern comforts. The ME Hotel is brand new and include all the modern amenities our guests require to be comfortable on their vacation while our garden, pool, lounge, and restaurant leave visitors with the feeling of entering an Ecuadorian rainforest as soon as they reach our gates.
Long Description
Discover a rare opportunity to own an entire lifestyle destination in the heart of Montañita, Ecuador. A fully operational, income-generating hotel, villas, apartments, restaurant, residential development and plaza — all sitting on 6,000 m2 of oceanview hills on the edge of the jungle.
The ME Hotel broke ground in 2012 and slowly grew to be Montañitas largest hotel and condo project with over 2000 sq/m of block construction spread across 7 buildings. The units include 13 hotel rooms and 14 condominiums with expansion plans for 5 more condominiums.. The property consists of 3 large pools, 4 large jacuzzis, and a kids pool with waterfall. The property also includes a restaurant, gym, spa and beatiful recpecion.
There are 3 purchase options. Hotel & Villas Only at Listed price; Hotel & Land development/plaza +$750,000; Hotel & Luxury home + $750,000.
Key Statistics:
Sales price ME Hotel & VIllas: $2.75 mm
15% cap rate with ability to expand
9 month high season with Occupancy Rate 65%+
3 month low season with Occupancy Rate 30%
Profit margins ~ 60% and expanding
80%+ reservations come direct through Social Media, Instagram, Facebook, Tiktok
Airbnb/Booking.com Customer 8.5 average score
ADR $108 Rev Par $91
Detailed financials can be provided in due dilligence
Montanita Estates and the ME Hotel resides on over 5 acres on a hill overlooking the small bohemian surf town of Montanita, 2.5 hours from Ecuador's largest city and commercial center, Guayaquil. Montanita and the surrounding small pueblos, Olon, Manglaralto, Curia, San Jose, Las Nunez and Entrada have since the late mid - 90s been a tropical escape from the hustle of Guayaquil as city dwellers discovered its pristine beaches and world class surf since named, La Punta. As more Ecuadorian's visited Montanita in the late 90s and early 2000s , the small town began to grow its reputation as a refuge for artisans and surfers to live a bohemian, carefree tropical lifestyle. Since then Montanita has grown into a vacation destination for families seeking a beautiful beach, surfers from around the world for its world class waves, and artisans and partygoers for the tropical vibe and party atmosphere that often does not end until 6 in the morning.
Montanita Estates opened its first building, Nexpa, in February 2013. Since 2013, we've expanded with 5 more buildings to over 20,000 sq. ft of rooms and Villas. As part of our commitment to nature and preserving the rustic appeal of Montanita we've committed over 2 acres to our beautiful tropical garden, three pools, four jacuzzi, and rustic restaurant / lounge. Montanita Estates is the only private community inside Montanita and is perfectly positioned on a hill overlooking the town, close enough for just a short walk to the heart of the town, but far enough away to have a good night's sleep.
Grounds and architectural philosophy
Montanita Estates seeks to combine Montanita's tropical setting with modern architectural design that creates a fusion of the environment with modern comforts. The ME Hotel is brand new and include all the modern amenities our guests require to be comfortable on their vacation while our garden, pool, lounge, and restaurant leave visitors with the feeling of entering an Ecuadorian rainforest as soon as they reach our gates.
- Details
-
Number of Bedrooms 55 Number of Full Bathrooms 37 Total Interior Area 21,527.74 sq ft (2,000.00 m²) Total Lot Size 1.48 acre (0.60 ha) Lot Dimension Comments This hotel is built on 15+ adjoining lots Number of Stories 3 Roof Type Metal Floor Covering Tile Construction Type Concrete Block Construction Type Comment All block construction with heavy rebar Construction Status Completed Year Built 2021 Year Remodelled 2021 Appliances Included Dishwasher, Dryer, Freezer, Garbage Disposal, Grill, Microwave, Oven, Refrigerator, Stove, Stove Hood, Washing Machine, Wine Refrigerator, Other Appliances Included Comment Property can be sold with all furnishings Air Condition Type Split Air Conditioner Furnished Type Fully Pool Yes Jacuzzi Yes Parking Type Parking Lot Number of Parking Spaces 30 - Geography
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Location Montañita, Manglaralto, Santa Elena, Santa Elena, Ecuador Country Ecuador State Santa Elena County Santa Elena District Manglaralto City/Town Montañita Location Type Ocean-Vicinity Geographic Type Coast View Type Garden View, Jungle View, Mountain View, Ocean View - Features
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Interior Features Included Bar, Ceiling Fans Exterior Features Included Balcony, Garden - Infrastructure
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Street Access Type Paved Road Type of Water City Water Type of Electricity Public Type of Sewer Public Type of Internet Cable Internet Type of Television Satellite Television - Financial/Legal
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Price per Air-Conditionable Living Area $1,375.00/m2 ($127.74/sqft) Price per Square Meter $458.33/m2 ($42.58/sqft) List Price $2,750,000 Ownership Type Escritura Public Total Annual Property Taxes $1,000
