Hotel La Ermita

Investment Opportunity: Hotel Posada La Ermita

Located in the desirable center of San Miguel, perched on a slope overlooking the city, **Hotel Posada La Ermita** presents unique possibilities for investors. Currently, partners are hired to cover a maintenance fee for the condo-hotel, regardless of whether they use their allotted time. The annual recovery of these maintenance fees covers a significant portion of the operating costs for the Hotel Ermita condominium, with the fee indexed to annual inflation and increasing each year.

The company’s share capital is represented by 100% of the shares, which own the property known as Condo Hotel Posada La Ermita. The company retains ownership of all unsold units in the hotel condominium and serves as the permanent administrator of the condo-hotel. It also owns all units whose buyers have stopped paying maintenance fees for more than three years or have abandoned their properties entirely.

Additional Benefit:
For the Vacation Time Club System, the Development Condo Hotel Ermita is the oldest in operation in Mexico within the international exchange system, RCI of Mexico.

The investment opportunity involves the purchase of shares in Condo Hotel Posada La Ermita, S.A. de C.V., representing 80% of the business. Operational and financial information will be provided upon signing a confidentiality agreement.