Great investment opportunity

This property is an up and running hotel for locals with 13 rooms and two commercial spaces. It will be necessary to renovate this property to welcome domestic and international tourist.

It has a privileged location a few meters from Santa Marta’s main shopping street, Carrera 5, and one block away from the main avenue, Avenida Ferrocarril. Walking distance to shops, specialized retailors, restaurants, bars, the Cathedral, the new Theater, the city’s nightlife, the Marina, the Port, main hotels, banks, public offices and the Santa Marta bay boardwalk. Within the area of public transportation.

Plot size; 201 m2 (2,163 ft2)

Construction area; 286 m2 (3,078 ft2), whereof the first floor measures 190 m2 (2,045 ft2), the second floor; 80 m2 (861 ft2) and the third level; 16 m2 (172 ft2)

The first floor includes 13 rooms with ensuite bathrooms, 1 independent bathroom, hallways, a subterranean water tank and 2 commercial spaces facing the main street. The second floor contains a stairway and unfinished construction. The third level consists of a stairway and a room with an ensuite bathroom.

The building is 40 years old

Fully functional gas-, electrical-, sewage- and water system.

Use of land allows for residential use, commercial services and trade.