Hotel room for sale under the condo-hotel model at Ramada Suites Asunción Aeropuerto, in Mariano Roque Alonso, next to Silvio Pettirossi International Airport.
How the condo hotel works:
  • You buy an individual hotel room (30 to 36 m2) with its own property title
  • The international hotel chain handles marketing, reservations, cleaning, maintenance and operation
  • Hotel profits go into a common pool and are distributed among owners in proportion to their units
  • No tenants, no late payments and no repairs to deal with
Returns:
  • Estimated net annual return of about 8%, around USD 7,600 per year per unit
  • Annual payments for units under construction; quarterly payments for finished units, based on occupancy
  • Capital growth from the development of the airport area
Hotel complex:
  • Fully furnished rooms with top finishes and inverter air conditioning
  • 3 restaurants, 2 swimming pools (one on the rooftop with runway views) and casino
  • Convention centre for 450 people, meeting rooms and co-working
  • Gym, full spa, sauna and jacuzzi
Price: USD 95,000.