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 rate: 84.31 USD
  • Revpar: 43.1 USD


Property Information

  • Total: 2,800 m2
  • Construction: 2,247 m2


Project Details

The property is located in the commercial zone along with shopping centers, pharmacies, food services and other establishments; the closest competition area would be the lodging services offered nearby.


Technical description of the Project

Implementation of a 5-star hotel; it has 14 rooms and commercial storefronts that yield 5,000 USD per month.


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, Calle Carpetie and Av. González Suárez