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Butterfly Hotel: Just 1 block from Olon Beach! *PRICE REDUCED!*

Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador

Basic Listing Information

Price
$600,000
Listing ID
CS2200025
Property Type
Hotel
Listing Type
Commercial Sale
Status
Active
Images
64
Beds/Baths
18/17
Beds
18
Baths
17
Location Type
Ocean-Vicinity
View Type
Beach View, City View, Ocean View
Total Lot Size
4,520.82 sq ft (420.00 m²)
Total Interior Area
6,135.40 sq ft (570.00 m²)

Listing Images

CALLING ALL INVESTORS to check out this hotel for sale in Olon. Olon has been on the rise over the past few years and since the pandemic, it seems more and more people want to BE in Olon. It is the #1 beach destination on the Ecuadorian coast. Olon literally has it all: developed town with solid infrastructure. New sidewalks throughout town, new water system coming soon under municipal care, paved roads that were once dirt roads. Olon has a wide oceanfront boardwalk with cafes, clothing stores, shops, restaurants and is beautifully lit and decorated at night. Great block for an evening stroll through town. Beachfront cabanas serving authentic food, seafood etc. Olon is probably best known right now for the wide array of new restaurants that have opened in the past few years. You can find: Italian food, Indian food, pizza places, empanada restaurants, fast food restaurants, bakeries, American diner food, Thai restaurant, gourmet restaurants, coffee shops… you name it! Olon has two new spas, two ice cream shops, bars and more. Olon has no nightclubs (that’s what Montañita is for!) so even though Olon has been growing and there is more and more tourism every day, it is still a residential and very family-friendly place.

Olon has several hotels, but there are few that really stand out. The La Mariposa hotel has been operating since 2012. It has been ranked as the #1 hotel and has 5 star ratings on sites such as; AirBnB.com, Trip Advisor and Booking.com, A-Hotel.com, planetofhotels.com and the list goes on. In fact this is the only hotel in Olon featured in the Lonely Planet book and on the Lonely Planet website! It has an excellent clientele that repeatedly chooses to stay at La Mariposa because of its excellent reputation. And the numbers don't lie... since the Pandemic, La Mariposa has been busier than ever and making extraordinary revenue. This hotel has probably one of the best locations in Olón. Located on a corner just a block from the beach. Grab your surfboard and your swimsuit and run to one of the most beautiful beaches in Ecuador!

It can accommodate up to 46 people. The hotel has 3 levels, 15 rooms each with its own bathroom (15). 14 rooms each with its own air conditioning and a brand new transformer!! In addition, there is a two-story house that the owners have lived in that has its own full kitchen, living room, bedroom and 1.5 bathrooms. Above the casita is a private suite with its own bathroom and balcony with ocean view. There is a social area on the ground floor with a palapa and a guest bathroom and outdoor shower. The hotel also has two laundry rooms (each with its own washer and dryer) as well as a pump room and wine cellar. The hotel has a large open style kitchen which is used to prepare breakfast and meals for guests.

Custom made furniture and woodwork throughout the hotel, carefully designed to make the hotels as aesthetically pleasing as possible. There are two septic tanks and a 15,000 L cistern. This hotel can accommodate 46 guests and is being sold completely turnkey with all furniture and appliances included. Inventory can be provided to serious buyers.

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Long Description

The hotel has 3 levels, 15 rooms each with its own bathroom (15). Additionally, there is a two story home which the owners have lived in that has its own full kitchen, living room, bedroom and 1.5 bathrooms. On top of the “casita” there is a private suite with its own bathroom and balcony that has an ocean view. There is a social area downstairs with a palapa and a guest bathroom and outdoor shower. The hotel also has two laundry rooms (each with its own washer and dryer) as well as pump and storage room. The hotel has a large open style kitchen which is used to cook breakfasts and meals for the guests.

Custom made furniture and wood throughout the entire hotel, carefully designed to make the hotels as aesthetically pleasing as possible. There are two septic tanks as well as a 15,000 L cistern. This hotel has capacity for 46 guests and is being sold completely turnkey with all furniture and appliances included. Inventory can be provided to serious buyers.

Details
Number of Bedrooms 18
Number of Full Bathrooms 17
Total Interior Area 6,135.40 sq ft (570.00 m²)
Total Lot Size 4,520.82 sq ft (420.00 m²)
Number of Stories 3
Roof Type Clay Tile
Floor Covering Tile
Construction Type Concrete Block
Construction Status Completed
Year Built 2012
Appliances Included Dryer, Freezer, Microwave, Oven, Refrigerator, Washing Machine
Air Condition Type Split Air Conditioner
Furnished Type Fully
Pool No
Jacuzzi No
Parking Type Driveway, Guest Space(s), Street
Number of Parking Spaces 8
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 Beach View, City View, Ocean View
Features
Interior Features Included Ceiling Fans, Eat in Kitchen, Marble/Granite Countertop, Natural Wood Finishing, Water Heater
Exterior Features Included Covered Patio, Garden, Outside Seating-Area, Sprinkler/Irrigation System, Storage Closet, Water Faucets
Security Features Perimeter Fencing, Security Lighting
Infrastructure
Street Access Type Paved Road
Type of Water City Water
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 $1,052.63/m2 ($97.79/sqft)
Price per Square Meter $1,428.57/m2 ($132.72/sqft)
List Price $600,000
Ownership Type Escritura Public

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Agent Information
Gabriela Lazzaro
Gabriela Lazzaro

Gabriela Lazzaro

intiluzproperties@gmail.com

Inti Luz Properties

Phone:
+593 98 588 9132
Office Phone:
+593 99 588 9132
Agent Contact