Hotel in San Remo

Additional information is provided after the signing of an NDA

Hotel in San Remo

2,500,000 €
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Total area: 2,000 m² Yield: 1.0%
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  • Land area: 5,000 m²
  • 3-floor building
  • Occupancy: 1%
  • Leasable area: 2,000 m²
  • Total rooms: 36
  • Garden
  • Sea view

We offer for sale a hotel structure situated on the first beach line in the center of San Remo. The hotel is in a historical “Liberty” style villa of 19th century that was built for a Savoy prince. The villa is surrounded by a Mediterranean garden with tropical plants, marvelous swimming-pool and solarium area.

On the first floor there is a panoramic restaurant for 110 persons. The area of the territory is 5,000 m² (4,000 m² of which is the garden). The area of the building is 2,000 m².

The hotel consists of 36 rooms on the second and the third floor. The average area of the room is 20–25 m³.

On the ground floor there are the storerooms (4 m high ceilings), on the first floor there is a hall, the restaurant, technical area; the second and the third floors consist of the rooms.

The villa was built in the middle of 1800 an was used as a private residence until 1950th.

In 1950 in was reconstructed, the upper floor was added and the villa became a hotel.

In 1970 it was reconstructed again reinforced extension was added. Further no renovation was made.

Currently the hotel doesn’t work for 6 years and it needs to be completely reconstructed which includes the service lines and the roof.

It is possible to expand the area:

  • 1. By adding another floor level; the request to add another 18 rooms according to Liguria law #24 was made;
  • 2. By extension of the internal area for 35% according to Liguria law #49;
  • 3. Requesting the city hall of San Remo for introduction of modifications into the plan of the city development. It is possible to create and approve the new project in which the city hall in interested.

It is possible to acquire neighboring plot of land with the area of 2,500 — 3,000 m².

There is certificate of authorization for the hotel and the restaurant.

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If this property wasn’t for you, take a look at other hotels for sale in Italy.

You can see more hotels for sale in Sanremo elsewhere on our website.

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Anna Kurianovich
Anna Kurianovich
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 3% annually
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