Hotel in city San Remo
1945.00 sq.m., 47 bedrooms

€ 4 800 000

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Italy. The San Remo. 3 star hotel on the Cote d'azur by the sea.
3 star hotel. The centre of Sanremo, the first line.
Asking price 4 800 000 Euro.
In a building Dating from 1894 in the late 19th century in liberty style.
Story Morandi made in the annals of the city of Sanremo.
More than 100 years the hotel is open, known and popular with tourists.
Sale at Morandi, three stars.
Hotel for sale plus the business, i.e. lifetime license.
Business: hotel plus a restaurant, a bar with a license to sell alcohol, category super.
The hotel has 4 floors (47 rooms) is ideally located: first line, private access to the sea. Private Parking, Park. The centre of Sanremo, Corso Imperatrice, close to the sea (30 m) and a cycle path. To casino (200 metres).
Beach concluded the contract on the provision of sunbeds for hotel guests.
Additionally there is an underground floor where there are utility rooms, room for staff, Laundry, etc. In the garden stands a small Villa divided into two entrances. There is a private garden with children's Playground.
Most of the rooms have sea views.
A few years ago was made overhaul with all the improvements and upgrades of the internal arrangement. Room in good condition, new plumbing, Windows, air conditioning, wi-fi in all rooms.
There is the possibility, under the new law Liguria increase of the building by 30%.
This may be: the construction of the fifth floor, i.e., a few rooms or apartments for living, or an additional stone building adjacent to the main on private land in the yard.
Category: 3 stars
Room rates: low season: 95 euros, high season and festival period: 200 to 400 euros.
Number of rooms: 47
All rooms have TV, telephone, safe, wi-fi, bathroom with shower or bathtub, Hairdryer.
Most of the rooms overlook the sea, quiet calm. Air conditioning in all rooms.
There is a restaurant on 132 people. Breakfast, lunch, dinner.
Also has: lobby bar, bar.
Additional information on Morandi (3 stars).
1. The total area of the hotel is: 1945 m2.
Of them: ground floor: 470 m2 (utility room, additional space can
use under Spa zone)
the floor above the ground (bottom): 495 m2 (reception, restaurant, bar, conference room, toilets, 2 rooms),
1st floor: 250 m2 (rooms)
2nd floor: 250 m2 (rooms)
3rd floor: 250 m2 (rooms)
4th floor: 230 m2 (rooms).
There is an opportunity to further build on the 5th floor. This floor can be used as additional the number of rooms or penthouse for your stay by the owners.
The total area (land): 1500 m2. On the territory: Parking for hotel guests, a small detached Villa, divided into two entrances, Playground, Park.
Attached is a floor legend building.
2. The annual income of the hotel?
How is the profitability of the hotel?
The property is sold at a low price, as the owners do not possess the technology to increase revenue in the hospitality industry. The management is under the old standards.
Therefore, the annual income in the region of 600 thousand euros.
At purchase it is necessary to consider the competitive advantages of this hotel:
The competitiveness of the region. At the moment, Liguria, and, namely, Sanremo, very rapidly developing event tourism. In Sanremo there are a lot of events world/European scale during the year. From year to year, there is a problem with accommodation in hotels, all the hotels are overcrowded. For example, Christmas, new year, February music festival, April, Easter holidays and summer
"sea rest" lasts from may to September. In 2017 according to official statistics, a visit to Liguria was in the region of 7 million tourists.
Also, don't forget that Sanremo is full of tourists from all over the world all 12 months. He still has the status of one of the most prestigious – and beloved by our countrymen areas of Italy; in addition to the charms of the city itself, investors
attracted by the proximity of Monaco and the French Riviera.
The infrastructure of the region. Comfortable W/e and bus service between cities, countries. The proximity to the French Riviera, Monaco and the Italian cities. Built
outlet "The Mall". Completion date 2018.
Location. It is in the center, near the sea, sandy beach (2 minutes walk), bike path, walking distance to all the fun tourist
leisure (bars, restaurants, shops, boardwalk, etc.). Sanremo is unique to the location.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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