- Tuscany Hotel 10,500,000 €
- Basic parameters
- Photo
№ 2,299,979
Boutique hotel with high rating in a picturesque location, Tuscany, Italy
10,500,000 €
3,500 € /m²
- Room stock 55
- Yield 6.0%
- Constructed 1950
- Price per key 190,909 €
Key project parameters
- Total area
- 3,000 m²
- Land area
- 40,000 m²
- Room stock
- 55
- Hotel rating
- 3
- Price per key
- 190,909 €
- Constructed
- 1950
Project description
Description
The picturesque 3-star hotel offers its guests 55 recently renovated designer rooms, a fine restaurant with local cuisine and an outdoor swimming pool. All the rooms have beautiful views of Tuscany hills. The hotel is included in recommendation top in the region from TripAdvisor and is a hot spot for hundreds of tourists.
Rating at Booking — 9. The plot area is 4 ha. The building is surrounded by the shadowy gardens, centuries-old cypresses, and olive groves.
There is a historic town with numerous architectural monuments within 10 minutes drive away. The way to Florence will take 50 minutes.
Extra information
Garden
Swimming pool
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 6.0%
The yield is 6%.
Transaction costs
Brokerage fee — 3%.
Location and nearby infrastructure
The hotel is located in Tuscany, 50 minutes away from Florence.
Tuscany is located in the central part of Italy, its territory extends from the Apennine mountains to the shores of the Tyrrhenian Sea. The capital of the region is Florence. The population is about 3.8 million people.
Tuscany is widely known primarily for its wines, the most famous are Chianti, Brunello di Montalcino, Vino Nobile di Montepulciano. In addition, there are 120 natural parks.
Winemaking, authentic cuisine, unique landscape, numerous architectural and art monuments attract millions of tourists to Tuscany from all over the world all the year round.
The season lasts all year round. Holidays, competitions, and festivals are held in Tuscany every month. Traditionally, July and August are considered the high season.
Also, this region is famous for its health resorts: Montecatini, Saturnia, Montepulciano, Monsummano and Bagno Vignoni.
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- annual yield
- From 10%
- exit period
- 3 years
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