Investment

TOTAL: 1.80 MM USD


Management Model

Total sale of the property.

Benefits for the investor

Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.

  • Stability regarding tax incentives for up to 15 years, renewable once (maximum validity of 30 years)
  • The company may request total or partial reduction of duties for any capital goods imported
  • Exemption of foreign exchange taxes on financing operations
  • Establishes conflict resolution mechanisms

* Note: Benefits apply when the current infrastructure is remodeled or expanded.


Tourists

  • # domestic tourists: 416,293
  • # international tourists: 272,292
  • Hotel occupancy: 51.08%
  • Average tourist expenditure: 84.31 USD
  • Revpar: 43.10 USD


Property Information

  • Lot of land: 1,816 m2
  • Construction: 1,200 m2


Project Details

It is located in a residential, commercial, education (Universidad de Cuenca (University of Cuenca) and Colegio Benigno Malo) zone, where there are shopping centers, pharmacies, food services, and other popular establishments.


Technical description of the Project

The property for sale is suitable for a lodging tourist service with complementary services, it has an indoor pool.


Accessibility and Utilities

  • Accessibility: the main access road is a primary street
  • Utilities: water, electricity, telephone, Internet coverage


Regulatory Framework

Organic Code of Production, Trade and Investments.


Location

  • Province: Azuay
  • Canton: Cuenca, Av 12 de Abril