Real Estate & Hotel Project
Location Hungary
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Inventory 0
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owners cannot finance the project.
Description This is a high quality hotel project prepared by it's owners recently. The project is not yet started due to financial problems. The property is located in the very middle of the historical Pecs, south Hungary. The area lacks high quality hotels. A hotel - built here - would have an opportunity of health care services in Harkany - which is famous for it's medical baths. It also would have the opportunity to organise vine-tours around the very famous Villany vine-cellars. Per the valuation of the real estate it worth of $590,000 - $600,000 USD. Contact for more information on this Real Estate & Hotel business opportunity.
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