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Hotel for sale Elba Island Tuscany

Italy

71%

€2.100.000

Hotels & Resorts

#35210

Core+

10 Dec 2024

Property Details

Broker

For sale

35

60,000

Freehold

X

Fees

5.00 %

5.00 %

6.50 %

3.00 %

0.50 %

Investment Overview

Elba Island, we are selling a hotel with 32 plus 3 rooms plus services, breakfast room, restaurant, panoramic terraces overlooking the sea on the top floor. The hotel is in good general condition and up to standard. The town in which it is located is an ancient seaside village, with a small port, an urban area with gardens and green areas. The property is selling due to changed needs in the owner group and due to age limits being reached. The request is well below the real estate values ​​of Elba Island, total area approximately 1700 square meters. Condhotel apartments can be created on two floors of the structure with authorization granted but never realized. The building dates back to the mid-nineteenth century and has a fascinating history, born as a luxury residence it was then used for various needs, even as a hospital in the last world war, since 1971 it has its current destination as a Hotel, the structure is elegant and well distributed, on the ground floor the reception and office with private bathroom, breakfast room, restaurant room another covered outdoor space, large hall, two rooms for guests to use for games or reading, TV room, large kitchen with cold rooms, very well equipped, a few years ago used for the internal restaurant and still fully functional having abolished the use of methane gas. Various rooms for different uses, entrance to an internal courtyard currently used as a shelter for customers' bicycles, technical rooms. On the first floor internally a large terrace overlooking three bedrooms with bathroom and which can use this space equipped with deckchairs, tables and umbrellas. The three floors are served by a large staircase and a lift. The top floor has four bedrooms with large each with a large panoramic terrace. We have personally stayed in this hotel and we find it very pleasant and relaxing, it awaits an entrepreneur who infuses new energy to obtain great satisfaction from all points of view. Ref HT49