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Comfortable Hotel For Sale
Location: Latvia -> Riga
Industry: Hotels and Holiday Accommodation > Hotels

Business Summary

Comfortable hotel 3*, 46 bedrooms

city: Riga
country: Latvia
currency & price: Eur 3,500,000

the building was built in the year of 1930 and was totally reconstructed in 2001. Our hotel 3 * is located in quiet center of Riga, 5 minutes walk from the new economic center, arena hall and skonto hall witch are the home of every big sporting event and large scale concert and conferences that take place in Riga. Any other center of business or entertainment is 5-10 minutes away.

Riga s sea terminal and central railway station are within a 5-6 minutes drive and the airport is only 15 minutes away. The beautiful beaches and health resorts of the city of jurmala which is located on the coast of the Baltic sea is only 20 minutes drive from the hotel.

46 comfortable apartments including singles, doubles, lux and suites;
restaurant; bar; 2 conference halls(accommodating up to 45 persons); business center; wireless internet connection (free of charge); safety deposit lockers; cloakroom; car parking (free of charge).

There are 46 apartments which abide by international standards. Amongst them there are one room apartments two room apartments with connected rooms and special suites. Each apartment is equipped with new modern furniture, tv set (40 programs), telephone, wc, shower-cabin, hair-dryer, refrigerator, wi fi and other facilities that will make your stay in avitar enjoyable. There is a project on building of one more floor. The land 925 sq.m.

The building 15,935 sq.m. Please ask for more information and pictures. Contact for more information on this hotel for sale.


Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale


View Larger Photo(s) Of Business
Comfortable Hotel For Sale Photo 1 Comfortable Hotel For Sale Photo 2 Comfortable Hotel For Sale Photo 3

Print Listing Id: 700140978
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