4 Star Inn On Magnificent Plot Of 343 Hectares


Listing ID: 700176040

Listing Title: 4 Star Inn On Magnificent Plot Of 343 Hectares

Quick Link: http://www.globalbx.com/listing.asp?bId=176040

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Portugal

State / Province:


City: Ribatejo

Asking Price Range: $5.0M - $10.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2001

Number of Employees: 4 - 5

Business Description:
Unique opportunity in Portugal: 4 star inn with 34 rooms, gymnasium, spa, jaccuzi, Turkish baths, 5 massage rooms, hairdresser, swimming pool, tennis court, event room with capacity for 800 guests ,restaurant and bull ring. Also, an annex with 4 rooms, 4 bathrooms, big sitting room with open fire, kitchen and 2 offices. Plenty of water and crossed by the river sorraia.It is licenced for the construction of a golf court and for the construction of villas or appartments in a further 17 ha. The hotel can be expanded. The whole property has the total area of: 343,750 ha. 80 km from Lisbon airport. Commercial exploitation of cork and pine wood, and corn. It has a landing lane for small planes and it is an official uefa training facility with 2 football green fields. The Croatian national team has been here during the European soccer final of 2004. Balnearium, clinic and sitting places for 600 hundred guests. A paradise for hunting and fishing. Asked price 9 (nine) million euros for the whole complex due to the urgency of the matter. Very good investment. For further information please contact: Ambassador Manuel Barreiros on behalf of hi-management portugal phone 00 351 932 481 279 or by e-mail.

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