Specification
Features
Location
Description
Own one of the most prestigious commercial properties in Salinas, Ecuador. This hotel is located in the heart of it all. Salinas is the most prominent beach city in Ecuador and has multiple tourist seasons with all the amenities such as bars, restaurants, shops, etc. and facilities of all kinds (hospitals, clinics, schools, supermarkets, banks, etc.).
The Hotel is geared toward guests who are looking for convenience, personalized service, and spacious rooms with all the comforts. The location is ideal for couples, families, and groups of friends planning a vacation at the beach.
Rooms with direct ocean views and the city and rooms and suites with kitchens are available. The rates include breakfast, free Wi-Fi in all areas, a swimming pool, a cafeteria, and tourist information.
The structure itself sits on a 1140 square meter lot and is comprised of 2 towers, each 13 stories high and having a total of 2 elevators. There are 32 suites consisting of 2 bedrooms each (20 ocean-view and 10 city-view) with capacity of 4 people each. There are 16 double-rooms with city view having capacity for 2 people each.
There are 3 different event halls which each have capacity for 200 people. There are 2 commercial spots on the ground floor which are independent from the Hotel and can be rented out separately (current rental income from commercial tenants yield $4700/month). Installations include a restaurant, pool, jacuzzi and large reception area. There is a separate administration office, laundry room, and a parking lot with capability for 10 cars. The building has 2 generators and 2 transformers. 2018 reported income was $800k. Possibility of conversion to Condos. Being sold totally turn-key.