Commercial Property CUR Otrobanda
Description
FOR SALE commercial Property in the district of Curaçao in Otrobanda with retail space and warehouse; Hotel: reception, 17 rooms, restaurant and terraces with beautiful views over the city and the sea.
The Curaçao Suites Hotel with a total of 17 guest rooms accompanied by a successful full-service restaurant and bar operation sitting squarely along the most prominent block of Breedestraat, Winkelsteeg en Langestraat (behind Kura Hulanda Hotel), Otrobanda, an historic town dated in 17th century. The small walkable town of Otrobanda has a museum, restaurants, shops, banks, bus station and retail stores.
Current ownership operates the majority of rooms as monthly rental units which creates a tremendous opportunity for a new owner to significantly increase revenues with a traditional boutique hotel operation and professional revenue management.
The Hotel offers investors potential value-add upside through a soft renovation, as well as the potential for operating upside through the introduction of professional hotel management. The Property is offered fee-simple and unencumbered by brand or operator for both the restaurant and hotel. This is an ideal investment for boutique owner/operators, family office, or high net-worth investors.
Property Details:
• Land area: 1660 m²
• Total rooms: 17
• Restaurant
• Balcony or terrace
• Retail space
• Warehouse
• Car parks
• Downtown & sea panoramic view
Offered for sale at: ANG 5.525.000,--
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