Turnkey Hospitality Gem - Flexible Income Opportunities
Cotacachi, Cotacachi, Imbabura, Ecuador
Basic Listing Information
- Price
- $585,000
- Listing ID
- CS2600042
- Property Type
- Mixed Use Building
- Listing Type
- Commercial Sale
- Status
- Active
- Images
- 24
- Beds/Baths
- 9/9
- Beds
- 9
- Baths
- 9
- Location Type
- Mountain, Urban
- View Type
- City View, Mountain View
- Total Lot Size
- 9,795.12 sq ft (910.00 m²)
- Total Interior Area
- 5,597.21 sq ft (520.00 m²)
Start earning the moment you close on this modern immaculately maintained turnkey hotel with 7 rooms, and 2 fully furnished suites, restaurant facilities, and additional street level commercial revenue ready establishments.
In the heart of downtown Cotacachi the short-term rental market continues to thrive and experience high demand as travelers increasingly prefer flexible booking options over long term rentals.
At the back of the property there is room for growth with a large green space to accommodate a guest home or expand the parking area.
The location friendly hotel is just walking distance to fresh fruit and vegetable markets, transportation corridors, restaurants, and famous 10 of August leather street.
This is an exciting opportunity to own and operate a high yield turnkey hospitality gem with low taxes and low overhead expenses.
Let the property make the profits while you enjoy making the most of this amazing near perfect temperate year-round weather in beautiful Cotacachi.
- Details
-
Number of Bedrooms 9 Number of Full Bathrooms 9 Total Interior Area 5,597.21 sq ft (520.00 m²) Total Lot Size 9,795.12 sq ft (910.00 m²) Number of Stories 3 Roof Type Metal Floor Covering Tile Construction Type Concrete Block with Brick Construction Status Completed Year Built 2018 Air Condition & Heating No Furnished Type Fully Pool No Jacuzzi No Parking Type Driveway Number of Parking Spaces 8 - Geography
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Location Cotacachi, Cotacachi, Imbabura, Ecuador Country Ecuador State Imbabura County Cotacachi City/Town Cotacachi Location Type Mountain, Urban Geographic Type Highlands View Type City View, Mountain View - Features
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Interior Features Included Natural Wood Finishing, Bar, Storage Room, Fireplace, Game Room Exterior Features Included Motion Detectors, Paved Driveway, Water Faucets, Garden, Outside Seating-Area Security Features Perimeter Fencing, Barred Windows - 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 Other Type of Television Cable Television - Financial/Legal
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Price per Air-Conditionable Living Area $1,125.00/m2 ($104.52/sqft) Price per Square Meter $642.86/m2 ($59.72/sqft) List Price $585,000 Ownership Type Escritura Public Total Annual Property Taxes $211