Overview

CALLING ALL INVESTORS to check out this hotel for sale in Olon. Olon has been on the rise over the past years and ever since the Pandemic, it seems more and more people want to BE in Olon. It is the number 1 beach destination on Ecuador’s coast. Olon literally has it all: developed town with strong infrastructure. New sidewalks all around town, new water system going in very soon supplied by the municipality, paved roads that were once dirt roads. Olon has a wide beachfront malecon with coffee shops, clothing shops, stores, restaurants and is nicely lit and decorated at night. Great block for a nighttime stroll through town. Beachfront cabañas that serves authentic, local seafood. Olon is probably most known right now for the wide array of new restaurants that have opened up the last few years. You can find: Italian food, Indian food, Pizza shops, Empanada restaurant, fast-food restaurants, pastry shops, diner type American food, Thai restaurant, gourmet restaurants, coffee shops… you name it! Olon has two brand new spas, two ice cream parlors, bars and more. Olon does not have nightclubs (that’s what Montañita is for!) so even though Olon has been growing and there is more and more tourism each day, it still remains residential and a very family friendly place.

Olon has several hotels but there are few that truly stand out. La Mariposa hotel has been functioning since 2014. It has been ranked #1 hotel and has 5 star ratings on sites like; AirBnB.com, Trip Advisor and Booking.com, A-Hotel.com, planetofhotels.com and the list goes on. It has an excellent clientele whom repeatedly choose to stay at La Mariposa because of its excellent reputation. And the numbers do not lie… ever since the Pandemic La Mariposa has been busier than ever and earning an outstanding income. This hotel has probably one of the best locations in Olon. Located on a corner just one block from the beach. Grab your surfboard and bathing suit and run to one of the most beautiful beaches in Ecuador!!

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Price
$790,000
Listing ID
CS2200025
Property Type
Hotel
Listing Type
Commercial Sale
Status
Active
Images
64
Beds/Baths
18/17
Location Type
Ocean-Vicinity
View Type
Beach View, City View, Ocean View
Total Lot Size
420.00 m² (4,520.82 sq ft)

Description

The hotel has 3 levels, 15 rooms each with its own bathroom (15). Additionally, there is a two story home which the owners have lived in that has its own full kitchen, living room, bedroom and 1.5 bathrooms. On top of the “casita” there is a private suite with its own bathroom and balcony that has an ocean view. There is a social area downstairs with a palapa and a guest bathroom and outdoor shower. The hotel also has two laundry rooms (each with its own washer and dryer) as well as pump and storage room. The hotel has a large open style kitchen which is used to cook breakfasts and meals for the guests.

Custom made furniture and wood throughout the entire hotel, carefully designed to make the hotels as aesthetically pleasing as possible. There are two septic tanks as well as a 15,000 L cistern. This hotel has capacity for 46 guests and is being sold completely turnkey with all furniture and appliances included. Inventory can be provided to serious buyers.

Details

Number of Bedrooms
18
Number of Full Bathrooms
17
Total Interior Area
570.00 m² (6,135.40 sq ft)
Total Lot Size
420.00 m² (4,520.82 sq ft)
Number of Stories
3
Roof Type
Clay Tile
Floor Covering
Tile
Construction Type
Concrete Block
Construction Status
Completed
Year Built
2014
Appliances Included
Dryer, Freezer, Microwave, Oven, Refrigerator, Washing Machine
Air Condition Type
Split Air Conditioner
Furnished Type
Fully
Pool
No
Jacuzzi
No
Parking Type
Driveway, Guest Space(s), Street
Number of Parking Spaces
8
Location
Olón, Manglaralto, Santa Elena, Santa Elena, Ecuador
Country
Ecuador
State
Santa Elena
County
Santa Elena
District
Manglaralto
City/Town
Olón
Location Type
Ocean-Vicinity
Geographic Type
Coast
View Type
Beach View, City View, Ocean View
Interior Features Included
Ceiling Fans, Eat in Kitchen, Marble/Granite Countertop, Natural Wood Finishing, Water Heater
Exterior Features Included
Covered Patio, Garden, Outside Seating-Area, Sprinkler/Irrigation System, Storage Closet, Water Faucets
Security Features
Perimeter Fencing, Security Lighting
Street Access Type
Paved Road
Type of Water
City Water
Type of Electricity
Public
Type of Sewer
Septic
Type of Internet
Cable Internet, DSL Internet
Type of Television
Cable Television, Satellite Television

Pictures

Map

Disclaimer

Information regarding this property has been provided by its owner and/or the owner's agent. Neither Propertyshelf nor MLS Ecuador will be held responsible for the information contained herein. For more information on ownership risk, please see the legal section. When purchasing property, clients are advised to consult with their own attorney.