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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale Categories   >>    Bed and Breakfast Business For Sale, Bed & Breakfast Business For Sale, Bed Breakfast Inn Business For Sale, Country Inn Business For Sale, Foreclosure Hotel Business For Sale, Foreclosure Motel Business For Sale, Guest House Business For Sale, Holiday Home Business For Sale, Hotel Business For Sale, Hotel by Owner Business For Sale, Inn Business For Sale, Motel Business For Sale, Motel By Owner Business For Sale, Park Business For Sale, Small Hotel Business For Sale, Small Motel Business For Sale, Trailer Park Business For Sale

Brand New 500 Rooms, 4 / 5 Stars Hotel For Sale Location  Portugal Asking Price Range  > $35.0M Gross Revenues  $0 Net Profit / Cash Flow  $0 Cash Flow Type  Sellers Discretionary Cash Seller Finance  Not Disclosed Year Established  2011 Number of Employees  1 - 3 Inventory  $2.0M. Relocatable  Not Disclosed Number of Employees  1 - 3 Real Estate  Owned Reason for Sale  The owner never opened the hotel and wants to retire. Description  The hotel for sale is situated on a 29.000 sqm plot,approx. 200 meters from the sandy beach of Armacao de Pera.The hotel has not been fully completed for operation yet, whilst the general construction has been finished, most parts of the public areas (lobby, restaurants, bars)and the back of the house need to be decorated and furnished (with the exception of the guest rooms which are fully furnished). Approximately 7000 sq. m of the plot are occupied by a shopping center, still under construction. The building is formed by two blocks with 9 floors each,interlinked at the two naves by a central building with four floors,where the main entrance and public areas are located. 3-Summary of the guest rooms, restaurants/bars and other facilities. -465 regular guest rooms -38 suites (mostly two bays) -14 rooms for handicapped -1 dining room with ca. 500 sqm -1 dining room with ca. 350 sqm -1 lobby bar -1 pool bar -1 meeting room with ca 190 sqm -Underground garage for 140 cars -2 outdoors pools -1 tennis court -Possibility to construct an indoor pool 4-Operation of the hotel We have identified a potential operator who has gained significant experience in operating hotels in Portugal.The operator would be willing to take equity in the project,should the investor wish this. With some basic modifications the property could become a luxury retirement place for Middle and upper class senior people. 5-Selling price and further information As exclusive agent,we can offer on behalf of the owner,the price of 50 million euros. If you are interested in this project ,just contact me. For more information, email or call Ambassador (ret) Manuel Barreiros at Mobile - 00 351 937284979. Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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