The HUG Hotel in Medellín is an excellent investment opportunity due to its prime location in the vibrant Las Lomas neighborhood, which has seen significant growth in tourism and economic development. Medellín's reputation as a competitive city with a growing middle class and increasing foreign tourist arrivals makes it an attractive destination for investors. Additionally, the hotel benefits from Colombia's incentives for the tourism sector, including special tax rates and other financial advantages that enhance profitability.
* Hug Hotel is an exciting new project set for completion by end of 2026. Investors can expect returns to begin by February 2025 or upon the start of construction. Initially, the investment will yield a 3% annual percentage yield (APY) until the hotel becomes operational, at which point it is projected to offer a 10% APY payable on the day 5 of every month.
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