The hotel we offer you is a well established and good running business. The reason why it is for sale is that the owner, who founded this hotel ten years ago, is in his mid sixties wants to retire. The hotel -recently renovated!- is booked out practically during the whole year and does not depend on any "season" at all. This can be confirmed by a simple look at the books.

What is interesting, too, is that the hotel has its own laundry and a completly equipped workshop, in which all necessary repair or maintaiance work can be done. They have even a scuffold with which they can surround the entire hotel. Almost the whole equipment of the apartments has been imported from Germany. All works and installations have been made according to german standards, executed by german craftsmen.

The aparthotel in numbers:

• 19 apartments between 30 and 70 m², total approx. 900 m²

• 1 pub / restaurant (2 floors, 1st floor and basement), approx. 240 m²

• 1 workshop, approx. 100 m²

• 1 office, approx. 45 m²

• 1 laundry, approx. 30 m²

• 2 garages, approx. 30 m² (sufficient parking lots for guests available)

• Total edificated surface: approx. 1.345 m²

• 5 employees: 1 manager (trilingual: spanish, english, german); 2 maids; 1 (german) craftsman, who does all the maintainance; 1 helper

• Price: 1.1 Million Euro (= approx. 1.43 Million USD)

The hotel is located in a walking distance from the city, at three blocks from Montevideo's main street, Av. 18 de Julio, and at a few minutes from city beach "Playa Ramírez" and the most popular park, "Parque Rodó".

Everything is in a top shape. The hotel has always been well maintained, and it has recently been renovated. You just buy it and start your business.