Ever wish you could own a hotel or hostel in one of the world’s most spectacular colonial cities? Wish you had an investment property that would immediately be income producing? Now you can, with this fully operational, uber-popular turnkey 7,500 square foot hotel and hostel in the heart of El Centro, Cuenca.
This colonial, patrimonial property, on one of Cuenca’s most renowned streets — Calle Larga — was recently converted into a boutique hotel and is newly refurbished and renovated into eight beautifully appointed rooms, a light and plant-filled central courtyard, colonial balconies, and two commercial investment properties: a cafe and bar, and a Panama Hat store.
Beamed and coffered ceilings, original wooden floors, impeccable, modern decor, leafy terraces, a plant-filled central atrium, cobblestone streets, and a romantic cafe are all part of this colonial gem, which is surrounded by a wonderful cultural scene and creative downtown ambiance.
A popular, working hotel, with eight rooms, this property has a good occupancy rate and is located in a prime area of the historic center, just one block from the Tomebamba River. The original colonial part of the house is utilized as the owner’s quarters with a balcony that has incredible views overlooking the river, downtown and new-town Cuenca.
The hotel reflects its rich and colorful past but has all the modern amenities that guests expect. Investors or buyers will also inherit a built-in list of guests who are anxious to return to this hotel on their next visit to Cuenca.
This is the perfect investment and business property, with immediate built-in income producing capabilities.
The asking price for this turnkey operation is $780,000.
- Immediate Multiple-Income Streams
- Popular Downtown Cuenca Hotel