Hotel 1,595 m² in Cosenza

4,500,000 €

2,821 € /m²

Room stock 10
Yield —
Constructed 1600
Price per key 450,000 €

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Key project parameters

Total area: 1,595 m²
Land area: 350 m²
Room stock: 10
Hotel rating: 3
Price per key: 450,000 €
Constructed: 1600

Project description

The hotel is located in an old palace from the year 1600.

Description

The palace, in addition to being a prestigious accommodation facility with about 10 rooms, includes a beautifully restored restaurant with a fully equipped kitchen, which hosts particularly refined wedding receptions and gala dinners with a capacity of 240 guests.

The hotel is located on the seafront.

The last renovation was in 2013.

Extra information

Distance to sea: 100

Car parks

Balcony or terrace

Beachfront

Sea view

Tenants

Agreement: n/a

Without tenant.

Currently the hotel is managed by the owners.

Location and nearby infrastructure

The building is located in the administrative center of Cosenza in the Calabria region.

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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