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Ecological Dome Hotel Near Lake And Volcano For Sale

Otavalo, Imbabura, Ecuador
Asking Price:
$650,000 (USD) Furniture / Fixtures included
Sales Revenue:
$70,000 (USD)
Cash Flow:
Under $50K (USD)

The hotel is situated in Otavalo, nestled at the foot of a volcano and near a pristine lake, within the Togacon community. This location is remarkable for its panoramic mountain views and the lake's serene beauty, offering an escape into nature away from the urban hustle.
The accommodation at the hotel includes a chalet and hostel domes, providing various options for guests. The chalet offers a homey atmosphere, while the domes offer a unique lodging experience with all the comforts of modern accommodations. Designed to cater to diverse preferences, whether for individuals, couples, or families, these spaces ensure privacy and uninterrupted enjoyment of the natural surroundings.

The hotel was constructed with a commitment to craftsmanship and community collaboration. Utilizing local materials such as earth, wood, and cattail, the construction blends seamlessly with the environment, emphasizing sustainability and aesthetic appeal. This handcrafted approach not only highlights the artisanal skills of the builders but also integrates the structure into the landscape, making it an integral part of the visitor experience.

Activities at the hotel are designed to connect guests with the outdoors and local culture. Hiking trails, boat rides on the lake, and horseback riding offer immersive experiences in the stunning landscape. The tranquil setting also provides a perfect backdrop for relaxation and contemplation. Furthermore, the hotel is an ideal venue for hosting events, from intimate gatherings to significant celebrations, offering a unique and memorable setting.

The decision to sell the business is driven by the owners' new focus on opening a restaurant, which requires their full attention. This move signifies a shift in priorities but also presents an opportunity for new stewardship to continue the legacy. The sale is not merely a transaction but an invitation for others to contribute to the site's evolving story, ensuring its continued role as a cherished retreat for visitors seeking connection with nature and tranquillity.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Possible to live in 'Hostel bambú' or in Chalet bambú'

Location:

Pamanericana Norte San Rafael De La Laguna, 100450 Otavalo, Ecuador

Premises Details:

- Bamboo hostel : Spans 210 m2 of land with a construction area of 160 m2 (two floors)
- Chalet bamboo: Spans 190 m2 of land with a construction area of 140 m2 (two floors)
- Dome 1 : Spans 450 m2 of land with a construction area of 100 m2 (two floors)
- Dome 2: Spans 500 m2 of land with a construction area of 100 m2 (two floors)
- Dome 3: Spans 500 m2 of land with a construction area of 40 m2
- Restaurant: Spans 140 m2 of land with a construction area of 80 m2 (one floor)
- Parking entrance zone: Spans 60 m2 of land where cars can park

Size in square feet:
2,240
Planning Consent:

Tourism license, land in region of indigenous community (they have there own rules, and less)

Business Operation

Expansion Potential:

- Implement new cooking lines, cafeteria, and shelving.
- Engineering overhaul, water system updates, new pipes, and hot water expansion.
- Fireplaces and heaters for 2 domes, hostel, restaurant shop, and chalet.
- Garden updates, new garden creation, beautification, and new plants, flowers, and trees.
- Roof and Glass Complementation
- Varnishing, waterproofing, painting, and carpentry.
- Production of T-shirts, aprons, postcards, and mugs.
- Strengthen positioning strategies, dissemination, and social media presence.
- Land Purchase
- Implementation, construction, and equipment for jacuzzi, sauna, and bathroom (as per client request).

Competition / Market:

The growing interest in our area for hospitality ventures highlights the attractiveness and potential of this market. However, the business distinguishes itself significantly from potential competitors through its unique aspects, particularly in terms of construction and the overall guest experience. This uniqueness places us in a less competitive position, offering a distinct advantage to any prospective buyer.

Reasons for selling:

The decision to sell the business is driven by the owners' new focus on opening a restaurant, requiring their full attention. This move signifies a shift in priorities but also presents an opportunity for new stewardship to continue the legacy. The sale is not merely a transaction but an invitation for others to contribute to the site's evolving story, ensuring its continued role as a cherished retreat for visitors seeking connection with nature and tranquillity.

Trading hours:

/

Employees:
3
Years established:
2016

Other Information

Support & training:

/

Financing available:

/

Furniture / Fixtures value:
$40,000 (USD) - included in the asking price
Business closed / Asset sale:
Yes