Welcome to an incredible opportunity to invest in a fully functional hotel located in the heart of Parque Lleras, Medellin. This hotel is an exceptional property with 16 well-appointed rooms, each designed with comfort and luxury in mind. The hotel features a rooftop terrace that provides guests with breathtaking views of the city. The rooftop terrace is also an ideal space for hosting events such as corporate parties, weddings, and other social gatherings.
The hotel’s unique feature is that it has two commercial spaces currently rented out, adding to the property’s income-generating potential. This hotel has a 24-hour liquor license and holds both hotel and casino licenses. The property also has permission to build up to 14 stories, which could increase the number of rooms to 64. The hotel currently boasts a 98% occupancy rate, making it a profitable investment opportunity.
This incredible hotel is currently for sale at the unbeatable price of 1.6 million USD, far below its estimated value of 2 million USD. This is a unique opportunity to own a well-established hotel in one of the most popular tourist destinations in Medellin. Whether you are a seasoned investor or looking to break into the hospitality industry, this property is a sound investment and an opportunity not to be missed. Don’t hesitate to contact us to schedule a viewing and make this hotel yours today!