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120 Bed Hotel for sale

£7,637,475 *

 [€9,000,000]

Property Details

  • Bedrooms: 120
  • Bathrooms: 0
  • Plot size: 25000 m2
  • Habitable space: 15000 m2

Features

  • Air Conditioning

Full Description

Only 45 minutes from Venice Marco Polo airport, this superb hotel benefits from the thermal waters and is close to the city of Padua.

The property stands in parkland of 2.5 hectares with large swimming pool and landscaped gardens.
The floor space of 15,000m2 could potentially be more than doubled.

At present the hotel has close to 120 guest rooms of varying sizes including guest suites.

The hotel has a modern spa, gourmet restaurant, breakfast room, reading rooms and lounges.

The hotel operates 11 months a year and handles about 30,000 visitors per year.

Rate of Return 5.5% per year.

Please apply for more details, discretion dictates that all details cannot be advertised.

Any financial data will require an L.O.I. from the potential investor.

This property listing (ref: 201098) is an advertisement supplied by Prestige Property Group and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8486 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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