Profitable Hotel Boutique in Medellin with Land
The hotel is located in the heart of touristy Medellín, in Poblado Provenza, the gastronomy and tourist district.
- The hotel is divided into two huge villas (boutique hotel business concept), with 13 beautifully and uniquely designed rooms. With lush tropical gardens and enchanting garden views, it offers a unique setting.
- Each villa was fully renovated by architects and is made with high-end materials (wood, steel, ceramics).
- Each guest room has a character of its own, evoking exceptional places from around the world, with unique Colombian design furniture and art crafts from all over the country, as well as exclusive French wallpapers.
- The first villa has 7 exclusively designed rooms, 3 of them with large private terraces. Land of the first villa is 1,300 m². The second villa has 6 exclusively designed rooms, all 6 of them with large private terraces. Land of the second villa is 900 m².
- Each villa has big social spaces, beautifully decorated with unique Colombian handmade art crafts and furniture. Both villas have outstanding large terraces with views over the gardens.
- There are 13 private rooms with their 13 bathrooms, 2 social restrooms, 2 laundry rooms, 2 fully equipped kitchens, 2 equipped bathrooms for employees, 2 reception offices, and multiple closets for storage.
- The business sale comes with all equipment and all furniture of both villas and all rooms, allowing you to fully operate your business from day one.
- The hotel has close business ties with 60 DMC high-end tourist agencies from Europe, the U. S. and Colombia. It’s their favourite hotel to send clients to, representing more than 60% of our guests.
- The hotel sells directly through Booking and its website. These represent 30–40% of the guests, with high potential for further growth through investment in social media and corporate branding.
- Last financial year's occupancy: 44%, with a projected +10% increase in this year's occupancy.
* Average price per room: USD 191.
* EBITDA margin in 2024: 52%.
* EBITDA per room: USD 15,402.
- The hotel is a profitable and steady real estate investment, thanks to its unique location (Provenza, El Poblado), which allows steady and sustainable growth both now and in the future, driven by Medellín's and Colombia's booming hospitality and tourism industries.
ASSETS
Physical assets.
- Land and properties: The market value of the two properties and corresponding land has been independently estimated at USD 3,400,000 by a certified real estate firm.
- Furniture and equipment: Includes the complete furnishing of 13 rooms with exclusive, handcrafted Colombian designs, custom-made bathroom materials, and fully equipped kitchens. The total market value is estimated at USD 200,000.
Intangible assets:
- Registered brand with over 10 years of strong market presence.
- Portfolio of 60 high-end DMC travel agencies with established business relationships.
- Business Company has been estimated at USD 1, 000, 000 by a Consulting firm.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price Between $4,000,000 and $4,500,000
Cap Rate Available On Request
Deal Terms
Who is Listing the Property? Owner
Broker Co-Op? Available On Request
Seller Financing Available? Yes
Seller Willing To Lease? No
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