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Fantastic Business Or Investment Opportunity
Location Portugal
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description Hotel for sale Portugal 4 stars
_ 1 000 000
Ground area: 1,080 m2
Total Construction area: 1,665 m2
Area of Garden and internal accessing: 740 m2
The hotel, which is in close proximity with Spain, has been classified as excellent architectural value by the Portuguese General Directorate of Tourism.
Real Inn is a historic palace that has been reconstructed from an old Episcopal residence (18th century). Located in the Portuguese village.
The 4-star property currently integrates eight double rooms with one room adapted for the physically challenged, one suite, rooms and suites all with room of bath, conditional air, TV satellite, an extensible restaurant for up to 140, a bar, one multi-functional hall for 40 places, private garage covered for 13 places, private chapel and a garden with swimming pool.
The project still integrates a private park that provides access to the residence of the manager consisting of one dinning room, a kitchen and two bedrooms. Due to the localisation of the hotel and 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.
Proximity to Spain; near the cities of Salamanca, Zamora and Formoselle, allows the attraction of Spanish tourists as customers. The benefit of existing roads and those still under construction offers good internal road links and links with Spain as well.
Other activities offered are; hiking along the banks of the International Duero, donkey rides, mountain bikes, 4x4, bird watching, hiking and mountain bike routes, participation in the traditional grape collecting in the Arribes del Duero or in the Oil Route of Tr…s-os-Montes; an accredited oil from the Arribes del Duero region.
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