Serviced Apartment Investment Opportunity in Medellín, Colombia

- Customers and Retention: Has served over 500 customers since launching 4 years back, with 20% retention, indicating strong satisfaction and loyalty.

- Occupancy Rate: It maintains a high occupancy rate of 94%, which demonstrates constant demand and effective management of housing units. Serves both short-term as well as long-term clients.

- Income Model: It operates under an income model based on the rental of housing units and the provision of additional services, which guarantees stable and diversified income flows. Average rent charges per room - COP 509,583/month.

- Promoter Experience: The management team has experience in business administration, finance and operational management, which supports the strategic and operational direction of the company.

- Business Relationships: It has established solid business relationships with local suppliers, educational institutions and environmental organizations to strengthen its offering and its impact on the community.

- Recognitions and Awards: It has received recognitions and awards in the sustainability and entrepreneurship industry, validating its value proposition and its commitment to innovation and sustainability.

- Best-selling products and services include housing units, amenities and additional services such as a kitchenette with all essentials, laundry, housekeeping and community activities.

- These are mainly used by local and foreign young adults in the process of emancipation who are looking for a conscious and sustainable lifestyle.

- Residents access these services through simple and flexible rental contracts, which allow them to enjoy a fully equipped private space, while making use of all the comforts, amenities and additional services that make their lives easier and promote well-being and relaxation with comfort.

Tangible and intangible assets include:

Tangible Assets:

Furniture: Furniture such as beds, sofas, tables, chairs, cabinets, etc. , are present in each house and housing unit.

Appliances: Equipment such as refrigerators, stoves, washing machines, dryers, microwaves, etc. , are provided in each house and housing unit.

Utensils: Items such as kitchen utensils, dishes, cutlery, bedding, towels, etc. , are available in each house and housing unit.

Intangible Assets:

Brand and reputation: The brand and its reputation are associated with sustainability, community and conscious lifestyle.

Customer relationships: The customer base and the relationships established with them over time.

Knowledge and experience: The accumulated experience in the management and operation of sustainable co-living.

Processes and systems: Operating systems and internal processes developed for efficient business management.

These tangible and intangible assets are fundamental to the operation and value as a sustainable co-living company.

The facilities consist of 10 rental houses, distributed in a built area of more than 1,000 square meters, located in Medellín, Antioquia.

Each house offers several housing units fully equipped with furniture and fixtures, providing residents with comfort and functionality in their daily lives.

Units are spread over multiple floors within each home, allowing for a variety of accommodation options to meet the individual needs of residents.

The rental/lease of the housing units is carried out through flexible lease contracts that offer short, medium and long-term options for a sustainable coliving experience adjusted to the needs of the present generation.

Currently, the business is financed primarily through the rents generated by the 77 housing units.

There are no outstanding debts or loans. The ownership of the company is distributed among the 4 partners as follows: the CEO owns 50%, the COO 25%, the CMO 12%, the CFO 12%, and the remaining 1% belongs to the fund solidarity and well-being of members of the operational team.