Startups are not always seen, but they are always felt in the structure. In February, Urbit...
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Laureles, considered one of the coolest neighborhoods in the world, has witnessed an unprecedented tourist transformation, going from being one of the most sheltered residential neighborhoods in the city to one of the best known and most desirable neighborhoods in the world.
Urbit Garden was born as a response to a simple but important need. Hotels in the best location, with competitive prices, great design and comfort, all under an intelligent business model, thinking about guest satisfaction and maximizing profitability.
With meticulously designed suites and a second floor retail space for dining, Urbit Garden combines modern comfort with local authenticity. Each unit is an investment opportunity backed by a rental exchange hotel model, professionally operated to guarantee profitability and peace of mind to its owners.
The URBIT family projects are the first developments of their kind in the prestigious LAURELES neighborhood, which was recently named the "coolest" neighborhood in the world.
This project, part of the URBIT family, will operate under the rental exchange system through the hotel operator "Blackroom". There will be 83 suites with industrial finishes and full equipment participating in the rental model.
Profitability is projected at 18.3% based on an appreciation of 7% of the annual value of the property. (*Projected profitability is subject to market conditions and occupancy).
The project will be located in Medellin on Nutibara Avenue, close to the best restaurants, cafes, bars and stores in Laureles.
Complete the form and download all the relevant information about the URBIT short term rental real estate project.
In Laureles between the two parks, near the gastronomic area known as Garden Street, it will be one of the driving forces behind the project's success.
In a construction with 1 commercial space on the second floor, which will have gastronomic purposes and will make use of a Spanish type terrace.
In this model, although you own your own hotel suite, you participate in the global business of renting all the suites available in the month.
By making your investment + Endowment you will be able to acquire a unit that will function as a suite and be part of a passive income investment model.
With an average occupancy at 72% (Medellín is currently at 76%), you could recover your investment in 10 years.
Using their lightweight operating model, they will seek to improve both margins and guest satisfaction.
More info: blackroom.com.co
*The numbers in the business proposal are a projection calculated under an average occupancy of 72% and are based on the average occupancy of the city of Medellín. Market variations and external factors may alter the result. Construction times are calculated based on normal market times and conditions and the correct disbursement of installments by investors. Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Historical returns, expected returns or probability projections may not accurately reflect actual future performance.
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