Hotel Complex At The West Coast Of Turkey
Location Turkey
Asking Price Range $2.5M - $5.0M
Gross Revenues $1000000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 10 - 19
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Description HOTEL FOR SALE. HOTEL COMPLEX AT THE WEST COAST OF TURKEY. The hotel complex borders on the Aegean sea and a national park with beautiful mountains and beaches. The project covers an area of 8900 m2 and the hotel 8870 m2. The project comprises of in total 126 Rooms + 30 Apartments and 10 Service Apartments. At present the hotel has 55 rooms and 10 service apartments (of 60m2 each) surrounded by a beautiful garden with palm trees and flowers. To make this part of the hotel operational will require at least 600,000 euro. Buy Price: 3.400.000. Euro it is possible also in Joint Venture.
The present value is 3.4 million euro and the joining partner will receive shares of the company for his contribution.
REAL ESTATE INVESTMENT OPPORTUNITY
It can serve as an excellent investment in: Commercial space, Business space, Hotel-Spa and Medical Hospital, International home for the elderly,Convention Centers, Restaurants, Entertainment Area.
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