Hotel in city San Remo
1900.00 sq.m., 42 bedrooms

€ 2 300 000

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Italy. The San Remo. The hotel was under renovation.
The sale of the hotel on the beach. City: Sanremo
In an exclusive location in the city of Sanremo on the seashore are sold in the walls of the ancient three-storey hotel, a total area of 1 900 sq. m. built in the late 19th century. Patricia Villa, liberty style. Saved all the frescoes, stucco works, antique paintings on the walls, partly parquet, marble. The perfect place to stay, where the past harmoniously merges with the present.
First floor: reception, restaurant with terrace, a cosy bar, lounge with sea views, kitchen, bathroom, pantry.
The second and third floor hotel rooms.
The 42 rooms have a spacious terrace or balcony. Most of the rooms have sea views. Between them there is a connecting door for communication between the rooms if necessary. The ceilings 3.5 meters.
According to the LABOR code of Italy there are emergency exits on each floor with fire doors. All utility network in every room.
On a site of 3,500 sqm, surrounded by century-old trees there are: Park, swimming pool with sea water, private access to the beach, the ancient fountain, a 200 sqm garage and Parking space. Three enter the territory of the hotel.
Extras: basement 300 sq. m. of free appointment. Utility room located separately, have a separate entrance.
2 minutes walk to the sandy beach and bike paths without crossing roads.
5 minute drive from the building the outlet "The Mall".
10 minute walk to parks and playgrounds.
15 minute walk to the railway station of Sanremo, the city centre, restaurants, bars and shops.
There is a direct tunnel to the sandy beach. The documents are ready to deal.
Additionally receives license to operate hotel and restaurant business. Term of registration of company and obtaining the license: up to three months.
The hotel is in need of repair. The repairs: up to 12 months.
Estimates for construction work are available upon request.
1. Property tax per year is around 12,000 euros. (If the owner owns as an individual. Passing the walls to the hotel from 600 000 to 800 000 euros).
2. Preliminary estimates from 2 million to 2.5 million euros, as the place during the day, maximum two days, after selection of all finishing materials will be provided accurate estimates with official contracts. Repairs can begin on the day after the official purchase. The repairs to a maximum of a year. Also discussed on the spot.
3. The business is already closed, don't have to pay. As you buy the property.
4. in 2007, only worked for 6 months worked as a 3 star *the occupancy rate was 85%, the income which can show amounted to 1 300 000 euros. Separate restaurant and bar.
If you now open as 4 stars /42 rooms/ 1 room 200 Euro. Plus a separate restaurant and bar revenue.
You can make a request to the municipality to increase one floor, thus increasing the number of rooms.
Asking price 2 300 000 euros. Bargain. 2 000 000 Euro to sell.
Possible installment payment.
Agency Commission is 4% plus VAT.
The Italian real estate market has always enjoyed demand among Russian-speaking buyers. First, this is due to the favorable geographical location and warm climate, and, secondly, equally important is political and economic stability and transparent legislation.
At the moment, investors who appreciate a high level of profitability, it is possible to acquire hotels in San Remo, at competitive prices.
Now is the time to buy property in San Remo: the demand for quality services is increasing, opening up broad opportunities for investors. As the development of tourism in Liguria, and, namely, in San Remo, the emphasis is on the politics of the region. The local authorities concentrate their attention on problems that are urgent at the moment. Intense is the reconstruction of old hotels. For the modernization and improvement of conditions for tourism, supported at the state level, are provided to the hotel owners Bank loans with a minimum rate and interest-free loans.
The economy of San Remo tourism is one of the leading places. Developed infrastructure, convenient public transport and hospitality sector contributes a year-round season in the resorts of Liguria. The proximity of the French Riviera - attract tourists to Tuscany.
Mobility of foreign tourists in Liguria associated with the convenience of choice of any high-speed vehicles. All this has a positive effect on tourist flows from abroad.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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