TOTAL: 6 MM USD
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 on 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.
- # domestic tourists: 177,105
- # international tourists: 226,850
- Average age of visitors: 35 years
- Hotel occupancy: 33.81%
- Average rate: 54.57 USD
- Revpar: 18.50 USD
- Total: 6,500 m2
- Construction: 4,960 m2
Hotel Sangay Spa is located next to an impressive 80-meter waterfall, on the same street as the most famous thermal springs of the city of Baños, which have health stimulating properties.
Baños – Tungurahua Ecuador, a thermal springs destination o ers peace and quiet during weekdays, and many fun activities on weekends.
The facilities have:
- 66 ample rooms
- Restaurants with large windows from where visitors may observe the valley, its mountains, beautiful gardens with exotic native plants and flowers
- Spa & well-being
- Transportation to activities
- Reception services
- Business facilities
- Accessibility: the main access road is a primary street
- Utilities: water, electricity, telephone, internet coverage
Organic Code of Production, Trade and Investments.
- Province: Tungurahua
- Canton: Baños