The iconic Cuenca Ecuador hotel, Mansion Alcazar, offers savvy investors a multitude of profit-making possibilities whether acquiring a world-class hotel at a spectacularly low price or turning this luxury boutique destination into high-end residential suites, a lavish condo complex; a restorative spa or retreat; a meeting, special events or conference center; or whatever the desire of the new investor might be.

Mansion Alcazar is recognized for its unsurpassed elegance and luxury, and a step back into history that cannot be duplicated. This is the hotel of Presidents, dignitaries, and local and foreign celebrities … and the jewel in the crown of Cuenca’s UNESCO World Heritage Site City.

The listing price for this fully furnished 14-room boutique hotel and premier Cuenca landmark is $2,5 million.

The sale price includes the Mansion building, all of the furnishings and artwork, beds and bedding, glasses, dishware, tables, chairs, beds, desks, dressers, all of the kitchen and hotel equipment, a formal restaurant with an extension set in a romantic pergola and a sophisticated Paris-type bar.

There is also a brand-new adjacent property with a stand-alone building — The Sucre Suites — with four Executive Condos, an elevator, a commercial space, and a business center, as well as 5 modern Garden Suites and a spa that are available for $1.5 million.

Should the buyer want to purchase both the colonial hotel and the additional adjoining properties, the listing price of $4 million can be negotiated.

Located on one of the most celebrated avenues in Cuenca — Simon Bolivar — this stately Cuenca Mansion was built in the late nineteenth century, and its classic architecture evokes the golden years of Ecuador’s early Republic days. Yet don’t let the history fool you. Every modern amenity and service has been included in what is one of the best high-end boutique hotels in South America. Consistently receiving awards, including the prestigious Conde Nast award of excellence, Mansion Alcazar is beloved by locals and visitors from around the world.

A complete restoration of this beautiful 130-year-old colonial, 1,017 sq meter Mansion began in 1999 and in 2001 the boutique hotel first opened its doors to rave reviews. Set on 1,057 sq. ft of land in the heart of downtown Cuenca, the hotel is only a 10-minute drive to Cuenca’s airport that connects with international flights in Guayaquil and Quito.

The hotel is the benchmark of opulence in the city of Cuenca, Ecuador’s cultural capital, and the country’s third-largest city. Cuenca is renowned for its gorgeous patrimonial architecture, quaint cobblestone streets, its four picturesque rivers and Andes Mountains backdrop, and, for its international cuisine, culture, and hospitality.

Each room and suite in the Mansion has its own identity and a name that christens it, offering guests a unique experience on each visit. The interior decoration, both in the public spaces as well as in the hotel rooms and suites, transports guests to a refined style of elegance and distinction from a glamorous epoch. It includes a selection of fine furniture, ornaments, and art objects that once embellished the city’s most palatial homes and estates — all included in the purchase price.

In the colonial part of the hotel, there are 10 charming Double and Single rooms and 4 Garden Rooms with beautiful views into the inner garden that will captivate your senses.

Past the alluring gardens that include an arboretum, a stunning pergola, native birds and hummingbirds, and an abundance of flowering shrubs and trees are the 5 modern Deluxe Premier Suites equipped with large sleeping and seating areas, set around the garden backdrop.

Here too is the Mansion’s spa — the Shanti Boutique Spa — where highly-trained therapists offer a carefully chosen selection of massages and treatments from a variety of ancestral traditions blending western, indigenous Andean, and millenary treatments from India.

The newly-built Sucre Suites include four Executive Suites, each featuring king-sized beds, a separate living area, a dining area, and a kitchenette. The Sucre Suits building has an elevator and an office center and is the ideal place for business executives, digital nomads, or full-time residents of Cuenca who desire a high quality, independent living or vacation condo, with all the amenities an on-site hotel can provide. This 360 square meter Sucre Suite Building, plus the 5 adjoining Garden Suites, can be sold separately or negotiated as part of the overall sale of the hotel.

The Mansion also has a beautiful restaurant — Restaurant Casa Alonso — that has a seating capacity for 26 people. It is decorated with fine art objects, pewter plaques, silver cutlery, artisanal glass-made plates, crystal glassware, and hand-woven tapestries from around the world, all included in the purchase price.

El Bar – a wood-paneled bar with a sophisticated Paris vibe – is the perfect place for a relaxed business conversation or a casual pre-dinner drink with your family, friends, or business partners. All club chairs, table, and barware are included in the sale.

Mansion Alcazar is also known as the number one choice in Cuenca for special occasions and events such as weddings, birthdays, anniversaries, and graduations. Additionally, the hotel hosts international conferences and business affairs throughout the year. This tradition can easily be continued and expanded by the new owners.

Together, these diverse elements have made Mansion Alcazar a unique space in the city that combines masterful elegance, nature, amenities, delicious food, and the highest quality service. The hotel’s staff and management are excited and willing to come back to work for investors and the new owners allowing the Mansion hotel to be a complete turnkey operation and a seamless transition.

The asking price for the entire palatial colonial complex is $4 million negotiable. The price for the Mansion Alcazar hotel alone is $2.5 million. The separate 4-unit Sucre Suites building plus five additional Garden Suites is $1.5 million.

More information and a tour of this iconic Cuenca Ecuador hotel, Mansion Alcazar, and its stand-alone Sucre Suites building, are available upon request for serious buyers. Negotiated prices may be available when purchasing the entire bundle of properties.