HOTELS ON SALE

SARDINIA

Hotel Solares

We are in the south east of Sardinia island, one of the most beautiful and touristic locations. The hotel is located at the entrance of the village, situated on a slight hill and surrounded by a residential area.

Built on land of approx. 3200 sq. meters, the accommodation facility is made up of:

- sector lodge 50 rooms for a total of 130 beds.

- food & beverage sector with a restaurant with up to 144 seats inside, 39 seats in the loggia, with a bar and adjoining TV room for 24 seats inside, 30 placed outside by the pool.

- meeting room for 100 seats

- pools 3 swimming pools (a large swimming pool, a relaxation pool and a hot tub whirlpool) with solarium and sun loungers.

- guarded internal parking of the surface of approx. 800.

- internal structure area set up for the construction of a wellness centre with the SPA formula.

VALUATION

The most probable market price of the hotel, once the works will be completed, would be around 3,500,000.00 euros.

From a comparative market analysis carried out in the area, it can be seen that currently it is for sale a similar structure with the same lot of 3000 sq. meters with 1 swimming pool, consisting of 32 rooms with 2/4 beds, for a total of 4,000,000.00 euros.

ROI

From a possible resale, after the renovation and completiton of the Hotel with a cost of about 1.500.000 the capital gain would be around €1,000,000 achieved of a sale of €3.500.000

Excellent potential achievable through professional management, supported by recognized brands, it will receive a range of tourist flows in various sectors: wellness center, spa, congress, gastronomic wine, sea and mountains, excursions can generate €500,000 annual net income.

PRACTICAL OPERATIONAL CONSIDERATION

There is also the possibility of purchasing the lot facing the pool side by purchasing it giving more "appeal" with the possibility of using it both as an entrance and as additional parking spaces, both as a presentation of the Hotel itself.

Although the structure is approximately 1,5 km away from some of the best beaches on south, it could be organized for customers a free service with a minibuse.

The purchase cost of the Hotel is €900,000.00.