Living in a suite: Everyone's dream, but an experience for a few
The real estate market is always evolving: you no longer find only properties like houses or apartments; now you can invest in suites you can turn into your home.
Suites have been on the market for a while, but they still cause a lot of confusion among real estate investors, so today we'll explain in detail what they are and how they differ from traditional hotel rooms.
Table of contents
What is a suite?
What's the difference between hotel rooms and suites?
Can you buy a hotel suite?
Benefits of a suite
Living in a luxury hotel
La Torre Suites, a real estate project in El Poblado
Buying a suite as an investment
What is a suite?
In the past, the hotel world used two terms for the spaces you could rent: rooms and suites, but the market changed and guests' needs evolved.
The term room is used less and less; now you can rent not just a space for sleeping, but one where you can also cook, enjoy a TV area and have a completely private bathroom in the same place. These spaces are now more highly valued for their many benefits.
Later, the term moved into the residential real estate market for the general public, and now you can make a suite your home, with the benefits of a hotel.
Fun fact: The real estate trend of living in luxury hotels or having suites for permanent stays began in the first half of the 20th century, when aristocrats showed off their purchasing power with long stays at dream hotels.
What's the difference between hotel rooms and suites?
When you decide to stay at a hotel and are offered a suite, it means you're being offered one of its best rooms, since they're the most complete and luxurious. They're generally known as premium rooms, so the rental cost is higher than for other room options.
However, when we talk about a suite where you won't just spend a short stay but make it your permanent or long-term residence, it means you have a place full of style and comfort, with 1 or 2 bedrooms with walk-in closets, an open kitchen connected to a living room or common area, and a fully equipped bathroom.
In a suite, the layout between common areas and bedrooms is usually not divided by walls, but by large decorative elements such as bookcases, shelves, panels or counters.
In addition, a hotel may classify suites by their audience (young people, business travelers, couples, older adults) and set the decor accordingly (double beds, better internet access, preferential room service, etc.), whereas a suite used as a permanent or long-stay residence can be decorated to your taste.
Can you buy a hotel suite?
Of course, but this always varies by hotel chain and can determine profit margins if you decide to buy it for your own use or for occasional rental to others.
However, it doesn't happen very often, and sales are usually opened while the complex is being built, as a way to return investment and offer appreciation margins.
Benefits of a suite
The best part of buying a suite is undoubtedly access to hotel services. When you own a suite, you can access property management and cleaning services, as well as room service for breakfast, lunch and dinner, and other complementary services such as valet parking and concierge.
In conclusion: the greatest benefit of living in a suite is that you'll always have staff available to pamper you and make every day an unmatched experience.
Living in a luxury hotel
The lavish trend of living in a luxury hotel began in the first half of the 20th century, but after the Spanish Civil War it became a necessity for the whole aristocracy, since their homes and mansions had been destroyed by the war.
From then on, many business people and socialites were seduced by easy access to luxury comforts for a monthly payment, so they decided to make hotels their permanent homes, negotiating special prices that varied from client to client depending on how much influence they had in society and how much prestige they would bring to the hotel.
From there, the concept of residential projects with suites managed by large hotel chains began to gain strength. Now long-stay suites aren't just for the aristocracy, but for anyone who wants to treat themselves to this luxury!
Having this lifestyle means you'll always have a property that not only has a unique design but also a detail-oriented service team and facilities equipped with amenities designed for your comfort. Plus, depending on the type of suite, you can personalize your space as much as you like.
La Torre Suites, a real estate project in El Poblado
Would you like to own a suite in a luxury hotel where you're pampered all day and have access to different recreational spaces? That's what you'll find at La Torre Suites, a real estate project in Medellín designed for people who know the value of comfort.
Imagine a place defined by its style and design, equipped to offer unparalleled service, where you can enjoy luxury at its finest.
The project is managed by Hoteles Estelar and has spaces such as a gym, spa, entertainment room, yoga room, bar, meeting room, pool and jacuzzi.
Each suite has 1 or 2 bedrooms, each with a bathroom, plus a guest bathroom, with built areas starting at 83 m² and exclusive finishes that fill every space with light, creating that perfect place where you'll want to experience it all.
In addition, the project is close to Parque Comercial El Tesoro, Torre Médica El Tesoro, Clínica El Rosario El Poblado and Mall del Este, guaranteeing easy access to a wide range of dining, entertainment and services.
Buying a suite as an investment
At La Torre Suites you can buy suites as a rental investment if you don't want to make one your own long-stay residence. The Hoteles Estelar chain, with more than 50 years of history in the country, operates this real estate project, ensuring proper management and care of your property.
Can you imagine what it feels like to be at La Torre Suites? Tell us what your ideal suite would be like on our social media, Facebook, and Instagram, using the hashtag #LaTorreSuites.