Hotel in San Remo

€ 4,900,000

Description

Investment offer. Hotel with the swimming pool in the center of San Remo

We offer for sale a 3-star hotel in the center of the resort city of San Remo at the Ligurian seaside, 200 meters away from the beach and 10 minutes’ walk from the city center, close to the shops and restaurants.
The hotel was built in 1949, later it was renovated in 1956 and 1992. Today the hotel needs major repairs. It is possible to transform the hotel the real estate into a medical - hotel structure what is of high-demand and immediate interest and can be a successful project.
According to the preliminary calculations the capital repair will amount 2,5 – 3 mln Euro.
The area of the hotel is 3 000 m2 plus the surrounding territory of 2 000 m2 with the swimming-pool, 12 garages and a parking lot.
The hotel has 68 rooms, 2restaurants for different events.
Price 4900 000 Euro
Additional information on request.
Nearby there is another famous historic liberty style hotel for sale built the beginning of 1900. It has the are of 6 400 m2, the territory of 5 200 m2. It has 120 spacious rooms. The top floor is meant for the mini-apartments that need to be repaired. The location of this hotel is more central, with the unique view over the sea. The building is in course of repairing (the façade only was renovated). It`s being sold by auction. Preauction sale is possible. Additional information on request


Property details

Floor
3
Number of premises
68
Ownership type
Proprietary
Payback period
00
Year of construction
1949

Location

San Remo

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