Brazil, Hotel/Office/Commercial/Retail for Sale in Rua Baron De Itapua #60, Salvador, Bahia, Brazil

Flexible/Hostel/Hotel/Office Space, Hostel Business Included

Property update: We have incorporated 8 more of the office rooms into the Hostel giving the hostel 13 rooms total. The demand for Hostel rooms is very high and we are always running at or near capacity. That leaves 27 rooms operating as office space.

This 6 story building gives the new owner several options and flexibility for use. Located in the touristy neighborhood of Barra, the building is just 20 meters from World famous Porto da Barra beach. Barra is experiencing a major momentum in revitalization. Barra's latest luxury pre-construction building being built across the street, consisting or 4 towers and 175 condominiums, sold out in 45 days. Purchasing this building includes a 5 room Hostel Business with excellent occupation rates and good profitability, plus 4 other retail commercial spaces, 35 office suites and an income producing Cell Phone roof Antenna. The elevator services all floors and there is underground parking for 12 cars. Originally built as a Hotel then later converted into office space, all of the rooms are individually metered for electricity and all have a private bathroom with shower, which would allow you to convert the entire building into hotel use if so desired or be kept as a multi- function building. The location is prime, this is where the Carnival Route begins, making this the most strategic place in Salvador. Your clients have everything they could possibly need all within walking distance such as beaches, restaurants, supermarkets, travel agencies, banks, ATM's, a shopping mall and major bus stops. The price includes the Hostel Business and all the personal property to operate. This is an excellent investment and a chance to prosper in one of the most beautiful and welcoming places in the world, Salvador Bahia. Please contact Cesar for more pictures, income statement and information. We speak English, Spanish and Portuguese.