Serviced Apartment for Sale in Medellín, Colombia
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 33 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Serviced Apartments + 1 more |
| Locations | Medellín |
| Local Time | 12:34 PM America / Bogota |
| Listed By | Business Owner / Director |
| Status | Active |
* We maintain 100% occupancy throughout the year across seven fully furnished units, comprising a mix of studio apartments and individual rooms.
* Guests book and pay one month in advance, providing a consistent and predictable income stream.
* The business has been operating successfully for 9 years and requires minimal on-site management.
* Most bookings are generated through customer referrals and online booking platforms, ensuring a steady flow of guests.
* Revenue is generated through rental payments from individuals staying in the fully furnished units.
* Operating expenses are limited to cleaning services, utilities (electricity, water, gas, and internet), property taxes, and an annual coat of paint, resulting in a low-maintenance operation.
* All ownership documents are in place, and the property is fully compliant for ongoing operations.
- Primarily serving tourists, business travelers, remote professionals, and individuals relocating from other cities and countries who require comfortable, move-in-ready lodging in Medellín.