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Businesses For Sale   >>   Hotels Businesses For Sale

Herdade Stroganov - Land For Hotel Complex

Location  Portugal
Asking Price Range  $500K - $1.0M
Gross Revenues  $123456
Net Profit / Cash Flow  $123456
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned

Description  
Offered for sale a plot of land about 5000 square meters with an ancient house currently under reconstruction about 1,000 sq.m. to build a hotel complex, consisting of a a thematic boutique hotel ''Herdade Stroganov'' 9-10 rooms ''en-suite'' luxury, spa with indoor swimming pool complex and the required structure for spa treatments as on the site there is an abundant water source with special qualities.Besides the project includes a party place for 300-400 people and a garden with a pool and a small stage in the open air. The project has been adopted and approved by the local municipality, we obtain all necessary permissions to carry out construction works in full. The reconstruction of the main historic building has been started, the house has been roofed and covered with a new slate roof according to the project, there were built all interior partitions. Work on the construction of the adjacent to the hotel spa has begun as well. There was prepared a business plan and a complete set of documents to submit to the competition for the EU grant to finance the project and there were established all necessary contacts at the major level of the Government of Portugal and the Ministry of Tourism. The project can be sold at this stage (as it is now all project documents supplied) at the price of 675.000 _, or as an object for investment with the completion of construction and decoration, and may also include start-up of the whole complex. Terms are negotiable. For more information please email or contact at +7(495)7308920.


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