Hotel For Sale
Location Portugal
Asking Price Range $1.0M - $2.5M
Gross Revenues $50000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 1 - 3
Inventory 1300000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Health problems of the owner.
Description For Sale - Rural Hotel 4 stars (INN). In the Nature Park of the International Douro, Portugal. Totally equipped. Open since July 2002.
Name: Solar dos Marcos;
Localization:
Rua Santa Cruz, Vilage of Bemposta, Locality of Mogadouro;
Classification:
4 stars INN; Exploitation Licence nAø 54/2003;
Brief History:
The Solar was constructed by adaptation of an existing building, with a family insignia and was habitation of D. Manuel Martins-Martins, bishop of Guarda city, natural of the village of Bemposta, who will have added it the chapel in honour of Holy Mary, already in the second half of XIX Century.
Main characteristics:
The current project integrates 8 double rooms (1 room adapted for handicapped), 1 suite, 1 extensible restaurant for up to 160, 1 bar, 1 multi-functional hall for 40 places, private garage covered for 13 places, private chapel and garden with swimming pool. The project still integrates a private accessing park that serves as access to the residence of the manager consisting of 1 dinning room, 1 kitchen, 2 rooms and 2 WC (1 with bathtub). By the localization of Hotel and the its topology of construction, it is possible to extend it by acquisition of adjacent old gardens and rural houses, however keeping the Hotel's main entrance.
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