Serviced Apartments for Sale and Investment in Medellín

Prime location: The hostel is strategically positioned between the vibrant Boston neighborhood and the Centro Histórico of Medellín, offering guests easy access to historical sites, bustling markets, and the convenient light train/metro. - Diverse accommodation: With a capacity to host 28 guests, the hostel provides flexible lodging options, including both private and shared rooms, catering to a wide array of traveler preferences. - Unique appeal for younger travelers: The hostel's cool and friendly atmosphere encourages guests to extend their stays, enhancing the potential to attract repeat visitors. - Seasonal demand: Peak occupancy rates are observed during key cultural events such as December's Año Nuevo and the August Feria de las Flores, as well as consistently high between March and June. - Multi-service offering: Beyond accommodations, the hostel expands its revenue streams by organizing local events, facilitating food sales, and offering guided tours, appealing to experiential travelers. - Intimate scale business: Managed by a small dedicated team of three employees, the hostel maintains personalized services and a communal atmosphere, setting itself apart from larger establishments. - Event-ready space: Designed to host events, the hostel serves as a versatile venue for both tourists and locals, tapping into Medellín's lively cultural scene.

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.

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.