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    Boutique Hotel in Puerto Manzano Title is generated by Realmo AI

    Argentina Puerto Manzano Villa La Angostura,

    Claim this Listing
    For Sale
    $1,390,000

    Hotel/ Motel

    Lot size:
    0.84 Acres
    Added:
    Sep 30, 2024
    Days on Market:
    591
    Last Refresh:
    May 13 at 12:06 am

    Property Features

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.84 Acres

    Utilities

    Cooling system
    Other (Cooling)
    Water source
    Public

    Building Details

    Year built
    2007
    Number of units
    10
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Maria L. Bermudez

    Listing agent Maria L. Bermudez License #0357758

    Listing office Fortune Christie's Intl R.E. 2666 Brickell Ave., FL

    Listing date Sep 30, 2024

    MLS# A11644060 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Boutique hotel in prime tourist location in the heart of Puerto Manzano, Villas de Angostura, near Route 40.
    • Turnkey business opportunity: Fully equipped 10‑unit hostal with ensuite bathrooms, pool, and spa.
    • Secluded setting surrounded by impressive forest for privacy.
    • Substantial land and building size: Includes 3,417.97 M (36,800 SF) of land and a 630.91 M (6,781 SF) building.
    • Recent updates: Metal roof replaced in 2022.
    • Expansion potential: Approved for two additional rooms.

    Overview

    This exclusive three-star boutique hotel is situated in the heart of the touristic area of Puerto Manzano, Villas de Angostura, close to Route 40. Surrounded by an impressive forest, the property offers a secluded environment. The hostal features 10 units with ensuite bathrooms, a pool, and a spa, fully equipped to provide the comfort of a second home and the charm of a hotel. The sale includes the land, which measures 3,417.97 square meters (36,800 square feet), and a building with an area of 630.91 square meters (6,781 square feet), complete with all existing equipment, furniture, fixtures, and an auxiliary generator. The metal roof was replaced in 2022. There are approvals in place to build two additional rooms. The hostal has been operating since its construction in 2007 with select customers.

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    FAQs

    What type of property is this?
    Hotel - Three-star boutique hotel in the heart of the touristic area.
    Where is this hotel located?
    The property is located at .
    What is the asking price?
    The asking price for this property is $1,390,000.
    What are key features of this property?
    This property features: Boutique hotel in prime tourist location in the heart of Puerto Manzano, Villas de Angostura, near Route 40.; Turnkey business opportunity: Fully equipped 10‑unit hostal with ensuite bathrooms, pool, and spa.; Secluded setting surrounded by impressive forest for privacy.
    (305) 804-4406
    We can help!
    Listing Contact
    Maria L. Bermudez
    Real Estate License ID: 0357758
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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