4-Star Leisure Hotel

This 4**** Leisure Hotel is in Brazil's most beautiful and cosmopolitan beach city, famous for its 23 different beaches and marvelous year-round climate.

The hotel's spectacular colonial-style architecture is sprawled over a 6,000 m2 hillside block, has 29 rooms for 2 to 5 people and 10 bungalow or flat units with capacities for 4 to 7 people, a bar, a restaurant, a barbecue grill, ample lounge area, a TV room, 3 games rooms, a large pool with waterfall, a wader pool, a Jacuzzi Wet bar, a gymnasium, saunas, a commodity shop, a library, a laundry, tennis and squash courts, sand-football and volley courts, a children's playground, a convention hall seating 100 with stage and 2 support rooms, etc. 

The first stage was built in 1980 and the rest 10 years later. There is ample space for expansion and there is a completed project to build 29 new units for 2 to 4 occupants. The hotel is kept in excellent condition by the 4-man maintenance team. 

The only reason for sale is that the proprietor is unable to continue running the hotel due to serious health problems and has been living in Buenos Aires, where he is undergoing treatment for the past 3 years. 

For this reason and due to the profound economic crisis suffered in the region, no profit was registered during this period, but fortunately the general situation is improving rapidly and the past 3 months have finally shown good results again.

The perspectives for the coming year are positive, as new tourist markets are opening rapidly and the Argentine market, which originally represented 70% of the local hotel trade and had practically disappeared after the devaluation crisis, has begun to revive, accompanied by a strong general increase in tourism from all over the world. Obviously the owner's prolonged absence reduced the hotel's performance enormously, but an active future management can certainly capitalize the future potential boom and recover the excellent results enjoyed before the area's crisis. 

The hotel company has no debts or legal demands and is totally owned by him and his wife. 

An excellent investment and a chance to live in one of the most beautiful and welcoming places in the world, far from the harshness of Big City life but with everything you could wish for to combine business with a really satisfying healthy and happy lifestyle.

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Asking Price:  986,000.00 Euros

REFERENCE #3188

Dalli (O)