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Businesses For Sale   >>   Latvia Businesses For Sale

Hostel Near By Beach In Latvia Under Market Value

Location  Latvia
Asking Price Range  $250K - $500K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned

Real estate under market value, calculus of value was made by DnB Nord Bank. Real estate value estimated for 480 000 euro, but the selling price is 308 600 euro. House is totally furnished. Renovation of house was made in 2006. and in 2007. additional construction for conference hall was made by famous Latvian architect I. Vaivade. Premises: Guest house. Built in 1990, has been fully renovated in Year 2006. In 7 guest rooms can accommodate up to 24 people (not counting the extra beds). Five rooms have own shower/WC. 3 rooms equipped with the kitchenette, own dining area. There is a renovated wooden floor on the second floor of the guest house. There is a lounge room with the fireplace on the ground floor, which can be used for small parties. Sauna with shower/WC is located next to the lounge room. '' Hall for the seminars and celebrations, can take 40-50 people. Feature 2 WC, catering kitchen, Terrace with the forest view. '' Manager's/owners house. 2 floors, 3 rooms, kitchen, bathroom. Property: '' Total area of the property 4300 sqm. There is a parking space for 12 cars behind the house. The pond and lots of space for further development (garden, playground). Location Description: Real estate is near by beach (Baltic Seashore), located in Kaltene, surrounded by forest, has easy access to highway. Situated 110 km from Riga city. 1 hour 10 minutes drive by car. Between village Valgalciems and small Roja town. Contact for more information on this Hostel for sale.

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