Hotel and Investment Property in Catamayo
Hosteria Rosal del Sol
This 14-room hotel on a 3993.59 square meter (0.98 acre) lot in the strategically located city of Catamayo is a wonderful investment opportunity! Not only could this function as a hotel, but it has so many more uses - a retreat or meditation center, a wedding venue, a mission base, a clinic or medical center, a family compound, or the rooms could be easily converted into apartments.
In the relaxing outdoor lounge area, there is a large pool, Turkish sauna, patio area, exercise space and play area. Returning to the main building, you will find the reception desk, and a charming restaurant and bar complete with plenty of tableware to accommodate large groups. The large kitchen is equally equipped to serve groups of various sizes. Upstairs is a spacious conference meeting room with lots of natural lighting which would be perfect for wedding receptions, banquets, workshops, yoga classes, or a chapel for services. There is also a TV room/common area with books and games for fun and entertainment.
The 14 rooms vary in size and include a honeymoon suite, family rooms, and double-occupancy rooms each with their own adjoining bathroom. Some rooms have their own balcony area. Each room has a TV. The external entrances to each individual room make this ideal for guests (or future long-term renters) to come and go with ease.
Guests can lounge in a hammock in the lovely gardens with tropical plants and fruit trees throughout the grounds.
To top it all off, there is a separate 3-bedroom house on this property which is ideal for care-takers or living on-site. Or you could make this into its own separate rental unit.
The entire property is secure and the parking lot entrance is gated with a guard station.
Catamayo is a strategic location not only because the Loja airport is located here, but because it is the crossroad city between Loja and the coast. Because of this, it is a rapidly developing area. Additionally, Catamayo is known for its healing aspects as it has a dry and warm climate with little-to-no humidity.
Asking Price: $850,000
Location: Catamayo, Ecuador
Google Maps Link: https://goo.gl/maps/41wzC98Hgv59BVsw6
Property Size: 3993.59 square meters (0.98 acre)
Elevation (city): 1276m/4186.35ft
Population: 22 700 (city)
Distance to Loja: about 40 minutes in car
Distance to the Airport (Catamayo): about 5 minutes in car
Annual precipitation (Catamayo): 681mm (26.8 in)*
* Much of Southern Ecuador experiences a rainy and a dry season. The dry season is approximately June through September, while the rainy season is approximately October through May.