4-star hotel for sale near the beach in Bibione

Bibione, Venezia, Italy

Category: Regens Hotel & Hospitality, Regens Opportunità di Investimento, Italy, Trieste and region , Hotels & hospitality facilities

For sale trattabile

Hospitality facility for sale within easy walking distance to the beach.

4-star hotel for sale in Bibione, internationally-acclaimed sea resort approx.90 km from Venice and 100 km from Trieste
Location of the property: within easy walking distance to the beach
Overall floorspace area: 1726 m2 arranged on 6 floors (5 above-ground + basement)
Land plot area: approx.1000 m2
Year of construction: 1970
Latest renovation works: the building underwent thorough renovation in 1985 and 2002; in recent years the following works were carried out: boiler replacement in 2013, renovation of the swimming pool in 2014, renovation of the common areas and rooms between 2015-2019; in 2014 the hotel received the Fire Safety Certificate
Number of rooms: 48 + owner's apartment (120 sqm)
Accommodation capacity: up to 91 beds (can be increased up to 130)
According to the current legislation there would be the possibility of extend the area of the building with additional 510 m2 of floorspace area, which would allow to increase the accommodation capacity and to create a wellness-area (a preliminary feasibility study has already been drawn up)
The hotel has an outdoor swimming pool, a garage with 34 parking spaces as well as outdoor parking
To date the hotel opens for an average of 4-5 months per year (from May till September) but it's possible to work also on the occasion of private celebrations and corportate events as well as during the Christmas holidays
Customer base: most of the customers are families from Germany and Austria (ca.60%), with a strong component of domestic (Italian) customers and an increasing number of guests from Eastern and Northern Europe
Asking price: 4,500,000 EURO negotiable (there is an outstanding loan with the possibility of take-over for the buyer)
For further information please contact: a.alessio@regens-international.com