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Commercial Real Estate Assets for Sale in Quito, Ecuador

Sale of a vacant and debt-free colonial building in Quito, Ecuador, ideal for tourism business.

Ownership Duration 1-5 year(s)
Industries Commercial Real Estate
Locations  Quito
Local Time 6:30 PM America / Chicago
Listed By Advisor / Business Broker
Status Recently Active
Overall Rating
Asset Sale
Asking Price: USD 1.3 million (Native Currency: USD 1,300,000)
Reason: The owner has passed away and the family members have no time to fix the property so they have decid... View More
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Assets Description

- Colonial building of 1,330 sqm, in Quito is completely debt-free and is being sold as is, having not been used for over a decade, presenting itself as a fixer-upper opportunity for potential buyers or investors.

- The property includes 3 floors, 5 bedrooms, 2 living rooms, and 1 hallway, making it suitable for various commercial purposes such as hotels or tourism-related businesses.

- Targeting foreign buyers from around the world, particularly expats looking for this luxury commercial property in Latin America.

- The property includes the land, the house, and all the furniture, providing a turnkey solution for potential buyers looking to invest in this market.

- The owner is the advisor's client's aunt. The sale of the property is due to the passing of the owner's aunt, and the client, due to time constraints, is unable to undertake the necessary renovations to prepare the property for sale.

- The advisor specializes in offering prime commercial real estate properties catering to the tourism industry, with a focus on expats. He is located in the USA, whereas the property is in Ecuador.

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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