Galileo Boutique Hotel

  • 43142 sq ft
$3,800,000.00

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Description

  • Description:

    Investment Opportunity in the largest and most celebrated ski resort in Latin America,

    "CERRO CATEDRAL"

    INTRODUCTION

    Built in 2008 to cater to the high-end international ski market, the property features 19 units: 4 luxury villas, 8 suites, and 7 studios. Each unit is fully equipped with luxury amenities, including wood-burning fireplaces, Jacuzzis, full kitchens, and oversized windows.

    • The property includes food and beverage facilities, a wine bar, and an astronomical observatory equipped with a Solectron telescope with GPS.
    • Galileo Boutique Hotel is the only boutique hotel on Cerro Catedral, Bariloche. The property is located 300 meters from the base and the ski lifts.
    • Cerro Catedral is the largest and most well-known ski resort in South America.

    FEATURES

    LOCATION
    Boutique hotel, situated 3 0 0 meters from the ski lifts.

    DISTANCE
    15 minutes to several lakes and 25 minutes from the center of town which is full of restaurants and entertainment venues.

    SUMMER ACTIVITIES
    Beyond skiing in the winter a vast array of summer activities such as rafting, kayaking golf, fishing, mountain biking, canopy and rock climbing are available.

    UNIQUE
    Unique positioning as the “only boutique hotel” in Cerro Catedral. (largest ski resort in South America)

    LUXURY
    Luxurious units complete with wood burning fireplaces, hot tubs, heated stone floors and a full collection of domestic electronics and kitchen appliances.

    DESIGN
    The hotel’s design is a fusion of Swiss Alpine architecture with the indigenous colors and textures of the local Patagonian Mapuche Indians. There are 5 designs to choose from.

    ACCOMODATIONS
    19 units accommodating up to 100 guests at 100% occupancy. 4 residences, 9 suites and 6 studios.

    COMMON AREAS
    Reception, Lobby, Wine Bar & Restaurant

    FINANCING
    Available for qualified buyers

    FURNISHED
    Completely furnished units.

    SERVICE
    Maid and Room Service.

    OBSERVATORY
    Free use of our astronomical observatory with an appointment.

    SIZE
    43142 Square feet of land and surrounding gardens

    GROWTH OPPORTUNITIES

    1. TIME SHARE OPTIONS AVAILABLE
    2. CORPORATE EVENTS
    3. ADDITIONAL DEVELOPMENT OPPORTUNITIES
    4. UNITS LEGALLY SUBDIVIDED FOR CONVERSION INTO CONDO HOTEL

    SUMMARY

    • Unique Positioning: Only boutique hotel in “Cerro Catedral”
    • High Ratings: Consistently high reviews across online platforms
    • Stable Income: Over 90% of billings from room rentals via credit card/banking transactions
    • Debt-Free: No mortgage or debt on the property
    • Passive Investment: Option to invest with existing management in place
    • Expansion Potential: Land regulated for additional development
    • Owner Financing: Financing options available from the owner
    • Currency Advantage:
      Over 70% of sales in USD
      95% of costs and expenses in local currency
    • International Clientele: >50% of guests are international

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    This style property is located in is currently and has been listed on BBI Argentina. This property is listed at $3,800,000.00. It has bedrooms, bathrooms, and is 43142 sq ft. The property was built in year.
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