Business For Sale Cotacachi Ad:694613

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Ecuador > Imbabura > Cotacachi

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$1,350,000

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Business 9+ bedrooms
For Sale
Cotacachi
Ecuador

Please note Rick Duda is a Buyer`s Agent for this property in Ecuador. I work with a select group of US expat experienced real estate professionals established in Ecuador with superior reputations insuring your real estate purchase or sale in Ecuador is exceptional.
Lueva (the name of the facility) is an opportunity to open a first class Spa/Retreat, rehabilitation, addiction center or a religious family style retreat, or conference center in this part of the world. Lueva is not currently in operation but is in turn key condition and ready for business with all utilities and facilities in full operation. Virtual tour is on this link: This center is on 12 beautifully landscaped acres nestled between the volcanoes of Imbabura and Cotacachi. Cotacachi has easy access since the opening of the new airport in Quito on February 20, 2013. Cotacachi is a city of growth and famous for high quality leather goods. New restaurants, banks and a mini Walmart are now open in this unique community. We are located 15 minutes from Otavalo which is well-known for its world famous Indian artisan market, population 70,000.

The facility had been used as a spa/retreat center in the past.
There is the opportunity for an Addiction center since costs have risen tremendously in the US.
At this time we are checking with the local Municipality as to building beautiful single family homes on the vacant could be another option with use of the Spa/Retreat facilities for a fee
Features:
Totally furnished
Main Building:
4 suites
Conference room for 24
Dining room set to seat 32, can seat more
2 exercise/meditation/seminar rooms, one with walled mirrors
3 therapy or consultation rooms
Large reception area
Sitting area
2 offices, one on the ground floor, one on second floor
2 large kitchens
Large patio area

9 Other Suites outside of main building

A series of 5 staggered suites facing series of 2 plus 2 suites with gardens and walking paths in between�with front and back views.

Spa Area:
Pool, Jacuzzi, steam room
2 steam boxes for people who cannot be inside steam room due to heart and lung problems
Area for mud, honey and other spa baths
Natural reflexology walking path
2 pyramids for meditation
Permanent Temazcal for sweat lodge ceremonies
Outside fire pit

Additional Buildings:
Library and arts and crafts center
Three living quarters for workers
Laundry with inside and outside drying area
Kitchen and day room for workers
3 large storge reas

Grounds:
The entire property is surrounded with a 6 foot concrete block wall.
Beautiful plants, shrubs and flowers at every turn of the head. There re walking trails meandering throughout the property. There is n area in the eucalyptus wood area for hammocks.
Parking for approximately 25 cars
Producing fruit trees include:
50 avocado
80 lemon
20 peach
60 apple
10 babaco
20 tangerine
400 blackberry plnts
15 limes
15 orange
20 tree tomato
4 cherimoya
12 fig

Construction:
70% brick 30% cinderblock
Wooden ceilings with chanul beams
95% tiles floors, other wood
Large wooden windows in all building areas

Main construction completed in 1999. Spa completed in 2002. Library and arts and crafts center completed 2006
Water:
Private potable water pipe from city of Cotacachi
Well water with pump, 25 meters
Agua de Riego (from the Junta de agua de reigo de la Calera)

The following improvements have been made to the property in the last two years:
extra/new maintenance in last 2 years

$ 10,100 Roof power washed and painted with some roofing replaced (still some work to be done by contractor)
$ 550 All fruit trees and blackberry plants pruned
$ 2,200 New heating system for jacuzzi
$ 275 New tank for water system
$ 220 Factory maintenance on water system motor
$ 420 Factory maintenance on all of the water heating systems (calefones)
$ 13, 765 Total (+ -)

List Price: $1,350,000 (US) thousands below appraisal

Rick Duda, International REALTOR and Relocation Consultant, Atlanta GA USA and Ecuador SA
Maximum One Realty
--(Phone number)-- International Line Voice Over Ip
--(Phone number)-- Ecuador Mobile
--(Phone number)-- eFax Direct
LinkedIn profile is richardduda

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