Rural Hotel Opportunity
Location Spain
Asking Price Range < $250K
Gross Revenues $50000
Net Profit / Cash Flow $10000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Inventory 240000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Personal.
Description 7 acre site available with planning permission to build a rural hotel, just 9 miles from the provincial capital of Segovia which is 60 miles North of Madrid. The rural hotel project comprises of 2 buildings giving a total of 740 m2. A unique opportunity given the area is changing fast: just 400 yds away is the boundary of the new National Park of Guadarrama / a new motorway link to Madrid means driving time is under 1 hour to the capital / next year the AVE high speed train will reduce travelling time from Segovia to the center of Madrid to under 20 minutes. All these factors will result in a greater demand from the Madrid catchment area plus property prices are rising fast. Contact for more information on this Hotel business opportunity.
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