4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150

bedrooms 43
bathrooms 47
|Apartment
INR ₹692,667,530
USD $8,200,000
Published on: 19 Sep 2024
Last updated on: 14 Nov 2024
4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
+28
4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
  • 28
Property ID: 310094616090
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4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
We are proud to present for sale the Valgus Hotel & Business Center , a premier investment opportunity located in the heart of Cuenca, Ecuador consistently ranked among the top ten places to live in Latin America. This exceptional asset spans a total of 62, 379.60 square feet and represents a mixed-use property offering both hospitality and office spaces, providing a steady income stream . Key Offering Highlights: Valgus Hotel & Business Center presents a rare opportunity to acquire a well-established property with significant mixed-use potential . Situated in Cuencas rapidly expanding commercial district, the property is ideally suited for residential and commercial development , making it a versatile addition to any investment portfolio. The property features: 43 Spacious Hotel Rooms , accommodating up to 210 guests across a variety of configurations (single, double, triple, and quadruple). Convention Hall with a capacity for 200 attendees. Two Executive Meeting Rooms . Business Center equipped with state-of-the-art technology for up to 200 people Restaurant & Cafeteria serving up to 60 guests. Two Rooftop Terraces offering breathtaking panoramic views and the potential for further business development. Spa, Gym, Jacuzzi, and Steam Room for guests' relaxation. 35 Parking Spaces across two basement levels. Investment Potential: Mixed-Use Flexibility : The propertys zoning permits commercial and residential development , opening avenues for office spaces, residential units, or a commercial center. Steady Income Streams : In addition to hotel operations, the property generates revenue from office space rentals, mobile telephony and solar panel leases , and the popular convention center. Eco-Friendly Design : The hotel features solar panels and heat pumps for non-polluting water heating, reducing operating costs while promoting sustainability. Comprehensive Security : A high-tech video surveillance system, consisting of 48 cameras, ensures guest and property safety. Prime Location : Just 10 minutes from Mariscal Lamar Airport, the property enjoys easy access to Cuencas historic center and key attractions. Additional Revenue Opportunities: Potential to further develop or lease the two rooftop spaces . Ability to open new businesses or additional office spaces in the commercial zone . This offering represents an excellent opportunity to acquire a premium asset with versatile development potential , strong existing income streams, and a strategic location in one of Latin America's most desirable cities. The property is priced below market value , ensuring immediate equity and long-term appreciation potential for investors seeking both stability and growth in their portfolio.

Property Details

Basic Info

Property Type
Apartment
Land Size
3,300.00 sq ft
Building Size
1,709.00 sq ft
Rooms
43 bedroom(s), 47 bathroom(s)
Address
4-31 y Avenida Fray Vicente Solano, Cuenca, Azuay 010150
Contact Agent
Mylena Teran
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      Property ID: 310094616090

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