Ryo 53 Studio Suites

RYO53 is a thoughtfully designed investment project targeting digital nomads. This venture combines location, business model, and passive income to offer a lucrative opportunity. RYO53 features "short and medium-stay rental suites" with additional services on the ground floor. The rentals will be managed through Airbnb and other digital platforms by a single operator, "Easy Living." The project boasts modern industrial finishes and dedicated workspaces within the rooms, providing a comfortable and functional environment for digital nomads. 

Located on Avenida Las Vegas in Medellín, between EAFIT University and Jumbo, RYO53 is ideally situated for its target audience—professionals and students who need dedicated workspaces. The project consists of 46 suites and 2 commercial spaces. The units, fully finished with modern industrial aesthetics, can be equipped for an additional cost. Some units will feature terraces, jacuzzis, and saunas on the fourth floor, as well as duplex options with independent work areas. 

Investing in RYO53 offers a chance to be part of a short and medium-stay rental business designed to generate monthly cash flow. With 46 studios available, each unit comes with an independent registration. Prices start at $365 million COP, making it accessible to a broad range of investors. The projected Internal Rate of Return (IRR) is 17.5% annually, with a 5% appreciation and an average occupancy rate of 72% (Medellín's current rate is 82%). This means investors can expect to recover their investment within 9 to 10 years.(*Projected profitability is subject to market and occupancy conditions*)

Construction begins in the first quarter of 2024, with completion expected by the last quarter of 2025. Take advantage of this opportunity to generate monthly cash flow and benefit from Medellín's rental market. The development and construction of RYO53 are managed by MACCA Desarrollo Inmobiliario, a company with over 10 years of experience in the sector. Led by Dr. María Victoria Uribe, MACCA has successfully generated more than 2 billion pesos for its partners through various projects. This team of professionals and commercial alliances is well-equipped to positively impact the project.  

For more information on purchasing a unit or to view the master plan and detailed visualizations of the project, please contact us at info@medellin-realestate.com.