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Businesses For Sale   >>   Malta Businesses For Sale

New Hotel Casino Project

Location  Malta
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
Update 28th May2014, the owner of this opportunity just rang me to ask me to reduce this opportunity from 7m euros to 6 m euros, This Government backed sports complex was put on hold in 2012 but has now been given the go ahead, Which opens again the opportunity to build a hotel and casino 100 metres across the road from this fantastic complex with horse racing and raceway staduim with a golf course and very close to the airport, The 10,000 plus sq mts parcel of land is fully permitted for a 5 star hotel and casino, The parcel of 10,000+ sq mts of land is for sale for 7m euros including all plans and permission for the hotel and casino and parking for 60 cars, there is a second parcel of land 50,000 m2 available for building commercial or residential, properties, full details available, send email or contact me Brian Minister +44 1424 221226.


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