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Freehold Resort With Private Land

Location  Turkey
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  20 - 34
Inventory  Included in price.
Relocatable  No
Number of Employees  20 - 34
Real Estate  Owned
Training  Management support available.
Reason for Sale  Retirement.
Description  Property: Freehold hospitality building within Alanya- Antalya, Turkey Address: Ataturk Street, Oba, Alanya Location: The property is located on the eastern side of Alanya city centre in the district called Obagol Five level hospitality building for sale with 182 rooms, 400 bed capacity. 6th floor can be developed to increase room capacity. Rooms are between 25-30m2. 2 Apartment hotels can be included in the hotel concept to offer family rooms to bigger groups and increase capacity by 70 rooms. Estimated Area: Building Area; 2,450 m2 Side Area; 8,797 m2 to be used for touristic purpose 7,200m2 as indicated by Ministry of Tourism and Alanya city council Zoning: The property is zoned touristic- hotel facility under Alanya city council and Ankara Tourism Ministry. Indoor and outdoor swimming pool, spa centre, laundry service, social room with internet and games, rent a car and safety deposit boxes. 100m2 Kitchen area. Sale Process: Katya Krizantem Beach Resort is being offered to the market via Expressions of Interest on December 2009 Expression of Interest to be lodged with Capital Corp Associates or Arhan Ltd. Attention; AHEOI 32 Katya Kriyantem All enquiries, inspection and request for further information should be directed to M.L.Glessner M.D Capital Corp Associates The Netherlands Direct line: +31 6214 07 632 (NL) T. Coskun M.D Arhan Ltd. The Republic of Turkey Direct line: +90 5325 842 140 (TR) For more information please see our Information Memeorandum
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