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Four-star luxury hotel with restaurant in a historic building in San Remo

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Four-star luxury hotel with restaurant in a historic building in San Remo

18,000,000 €
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Yield: 7.2%
  • Absolute return: 1,300,000 €
  • Built in 1897
  • Total rooms: 28
  • Hotel rating: 4
  • Internet
  • TV
  • Sea view

It is a hotel situated in a restored building constructed in 1897.

Description

The building was constructed in liberty style, after restoration it has been returned to its original color — antique ivory. Plaster ornaments and decorations were altered to be reproduced according to the style of the late XIX century.

The hotel has 28 luxury suites, located on the top four floors of the building. Each floor has its own color scheme: ocher, pink, blue and green. All apartments are equipped with the latest technology without losing the original style.

The building has a restaurant with a separate entrance that can accommodate up to 80 people. The premises of the restaurant are made in the same style as the hotel.

There are two conference rooms on the ground floor with all necessary equipment for business meetings or special occasions.

The hotel also has bar, reading area, wellness center with gym, sauna, jacuzzi, Turkish bath and shower.

Equipment

Each room features:

  • Expensive furniture;
  • 42 ”satellite TV;
  • High-speed Wi-Fi;
  • Ultra-modern musical center.

Financial performance

Annual income is 1,300,000 €.

The yield of 7,2%.

Location

The hotel is located just a few steps from two city attractions: a casino and the Russian Orthodox Church of Christ.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Sanremo
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