Azul de la Plaza Boutique Hotel: Ideal Cuenca Investment Property

Cuenca, Cuenca, Azuay, Ecuador

Basic Listing Information

Price
$720,000
Listing ID
CS2100064
Property Type
Hotel
Listing Type
Commercial Sale
Status
Active
Images
32
Beds/Baths
9/12
Location Type
Urban
View Type
Other
Total Lot Size
150.00 m² (1,614.58 sq ft)
Total Interior Area
150.00 m² (1,614.58 sq ft)

Contact Information

Agency
Homes4™ (anglophone)
Agent
Customer Support
Email
ecuador@homes4.me.uk

This enchanting Cuenca boutique hotel – Azul de La Plaza Hotel – is in a prime downtown location directly from San Sebastian Park, overlooking the Museum of Modern Art, some of Cuenca’s best restaurants and Cafes, and only two blocks from the Tomebamba River. The 9-room, fully restored colonial hotel, has 12 bathrooms, an inviting cafe and small kitchen, a magical garden, sitting areas for reading and relaxing, and rooms with a view — including a large suite with a jacuzzi tub and separate full bath and shower overlooking the park. The hotel accommodates 25 guests and is 150 square meters in construction. The charming, 60+-year-old colonial building was lovingly restored and has been open for business as a boutique hotel for three years. Every amenity and thoughtful gesture has been included, with sitting areas around the hotel for quiet moments of reflection, beautiful balconies overlooking San Sebastian Park, a small and vibrant cafe serving breakfast, snacks, and drinks, flowers at every turn, and stunning architectural details including gorgeous latticework, restored painted ceiling frescos, original hardwood flooring, and winding staircases, original brick accent pieces and so much more.

Details

Number of Bedrooms
9
Number of Full Bathrooms
12
Total Interior Area
150.00 m² (1,614.58 sq ft)
Total Lot Size
150.00 m² (1,614.58 sq ft)
Number of Stories
3
Roof Type
Clay Tile
Floor Covering
Tile, Wood, Other
Construction Type
Concrete
Construction Status
Completed
Year Built
1961
Year Remodelled
2018
Air Condition & Heating
No
Furnished Type
Fully
Pool
No
Jacuzzi
Yes
Parking
No

Geography

Location
Cuenca, Cuenca, Azuay, Ecuador
Country
Ecuador
State
Azuay
County
Cuenca
City/Town
Cuenca
Location Type
Urban
Geographic Type
Highlands
View Type
Other
View Type Comment
Perfect view of San Sebastian Park, the Museum of Modern Art and Iglesia San Sebastian

Infrastructure

Street Access Type
Paved Road
Type of Water
City Water
Type of Electricity
Public
Type of Sewer
Public
Type of Internet
Cable Internet
Type of Television
Cable Television

Financial/Legal

Price per Air-Conditionable Living Area
$4,800.00/m2 ($445.94/sqft)
Price per Square Meter
$4,800.00/m2 ($445.94/sqft)
List Price
$720,000
Ownership Type
Personal

More about this property

This enchanting Cuenca boutique hotel – Azul de La Plaza Hotel – is in a prime downtown location directly from San Sebastian Park, overlooking the Museum of Modern Art, some of Cuenca’s best restaurants and Cafes, and only two blocks from the Tomebamba River. The 9-room, fully restored colonial hotel, has 12 bathrooms, an inviting cafe and small kitchen, a magical garden, sitting areas for reading and relaxing, and rooms with a view — including a large suite with a jacuzzi tub and separate full bath and shower overlooking the park. The hotel accommodates 25 guests and is 150 square meters in construction. The charming, 60+-year-old colonial building was lovingly restored and has been open for business as a boutique hotel for three years. Every amenity and thoughtful gesture has been included, with sitting areas around the hotel for quiet moments of reflection, beautiful balconies overlooking San Sebastian Park, a small and vibrant cafe serving breakfast, snacks, and drinks, flowers at every turn, and stunning architectural details including gorgeous latticework, restored painted ceiling frescos, original hardwood flooring, and winding staircases, original brick accent pieces and so much more. All guest rooms are en-suite, with double, queen, and king-size memory foam mattresses and distinct decor in every room. A professional, highly trained, bi-lingual, and friendly staff caters to all your needs and is available to continue on under new management. All licenses, permits, and certificates are in place. An investor can seamlessly take over without missing a beat (or profits!) Rooms run nightly from $52 – $70 depending on size, views, and amenities. This enchanting Cuenca boutique hotel – Casa Azul de La Plaza Hotel – in prime downtown Cuenca is a great investment. Located in the historic, landmark area of Cuenca, directly on one of the city's favorite parks, the hotel is listed for $720,000 turnkey — with all the furnishings, appliances, kitchen equipment, bedding, dishes, and everything needed to jump-start your new hotel business. These extras are worth more than $18,000. Should investors simply want to purchase the building, the listing price is $670,000.

Listing Images