This is a great opportunity for the right investor.

The hotel has been operating for 5 years, is fully active with an occupancy rate of 70% and currently count on a customer satisfaction of 9.2 from one of the world’s leading hotel reservation platforms.

Located in a quiet area downtown only 2 blocks from the Cathedral, the new Theater and the main shopping street. Only 6 blocks from the new beach walk along Santa Marta bay, the Marina and the restaurant- and nightlife zone.

The hotel is a turnkey business, no maintenance or investment is necessary. Typical room rate in this area is usd 30 per night during low season and approx. usd 37 during high season.

Façade and interior design are of consistently high quality. Electrical wiring, pipelines and wastewater system are new. The hotel has its own water well and capable of providing water year around.

The building has 4 floors divided as follows;

1^st floor private garage with 8 parking spaces and reception.

2^nd and 3^rd floor; 8 hotel rooms per floor from 16 sqm (172 sqft) each with flat screen tv, wifi connection, air condition, bath and minimum a queen size bed.

4^th floor kitchen, restaurant, hammock area, terrace and a small swimming pool.

The hotel manages b2b contracts, keeps a year around high average occupancy rate and is popular among business travelers, national- and foreign tourists.