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4 Star Inn On Magnificent Plot Of 343 Hectares

Location  Portugal
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  2001
Number of Employees  4 - 5
Inventory  1 million euros appr.
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  The will of the owner.
Description  Unique opportunity in Portugal: 4 star inn with 34 rooms, gymnasium, spa, jaccuzi, Turkish baths, 5 massage rooms, hairdresser, swimming pool, tennis court, event room with capacity for 800 guests ,restaurant and bull ring. Also, an annex with 4 rooms, 4 bathrooms, big sitting room with open fire, kitchen and 2 offices. Plenty of water and crossed by the river sorraia.It is licenced for the construction of a golf court and for the construction of villas or appartments in a further 17 ha. The hotel can be expanded. The whole property has the total area of: 343,750 ha. 80 km from Lisbon airport. Commercial exploitation of cork and pine wood, and corn. It has a landing lane for small planes and it is an official uefa training facility with 2 football green fields. The Croatian national team has been here during the European soccer final of 2004. Balnearium, clinic and sitting places for 600 hundred guests. A paradise for hunting and fishing. Asked price 9 (nine) million euros for the whole complex due to the urgency of the matter. Very good investment. For further information please contact: Ambassador Manuel Barreiros on behalf of hi-management portugal phone 00 351 932 481 279 or by e-mail.
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