Hotel in Turin

Description

The hotel consists of about 40 rooms with a picturesque view of the hills (it's possible to extent by 35 rooms).

Equipment — air conditioning, parquet, TV.

There is a parking.

The current annual income is 205,000 €

The planned annual income is 320,000 — 350,000 €

The current yield is 6.2%.

Brokerage fee.

The property is located in Province of Turin, in a town with a population of about 10,000 people.

Turin is an important business and cultural center of northern Italy, the administrative center of the Piedmont region and the province of Turin.

Turin has about 880,000 people (together with the suburbs — 1,700,000 people). The city is the 4th by number of inhabitants in Italy after Rome, Milan and Naples.

Turin — the 2nd industrial center of the country after Milan.

The leading sector of the Turin economy is heavy industry (FIAT enterprises). Turin's automotive plants provide 80% of the total Italian car production. FIAT also owns metallurgical, aviation, car-building, tractor plants, production of marine engines and others.

The 2nd powerful industrial complex in Turin are the enterprises of the firm RIV (production of ball bearings and machines for their manufacture).

There are numerous engineering plants of other companies, enterprises of rubber, cable, chemical, pharmaceutical industry in Turin. The old branches of the Turin industry retain their value: textiles, clothing, printing, food (including winemaking, confectionery).