Hotel 2,000 m² in Florence

The project entails the development of a 4-star hotel featuring 48 rooms, an internal garden, and terraces. The total area of ​​the hotel is approx. 2,000 m². Purchase options:

• As-is condition (requiring complete renovation from the ground up): € 13,000,000
• Turnkey (fully furnished and finished): € 18,000,000

The property also represents a viable income-generating investment; an international operator/management company is already in place and—according to the seller—is prepared to guarantee an annual yield of 7%.

The building, slated for renovation and conversion into a hotel, is located in the center of Florence—a five-minute walk from the Basilica of Santa Croce and a ten-minute walk from the Cathedral of Santa Maria del Fiore (the Duomo) and the Accademia Gallery.

Florence is one of Italy’s most prestigious and resilient hotel real estate markets. Renowned globally as a cultural capital, the city attracts millions of tourists annually, ensuring steady demand for hotels across all categories—from boutique hotels housed in historic palazzos to modern hospitality properties.

Florence’s historic center is a UNESCO World Heritage site, making local real estate particularly valuable and liquid. Proximity to key attractions—all within walking distance—is a crucial factor driving the investment appeal of hotel projects in the area.