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Italian Hotel And Resort For Sale

Livorno, Italy
Asking Price:
€5,500,000
Sales Revenue:
€800,000
Cash Flow:
€200,000

The property lies on the beautiful hills on the Island of Elba, only 10 minutes from the centre of the main town Portoferraio.
The resort has an amazing sea view and also only few minutes from the historical towns of Capoliveri and Porto Azzurro.
The island's main port is well connected with the mainland thanks to ferries every 30 minutes.
The Campo airstrip also allows connections with most Italian cities as well as Lugano, Munich, Geneva and Zurich and new destinations and routes being created.

The external area of the property includes two open air swimming pools, two tennis courts, a wellness centre, a conference room for 50 people and a parking for over 60 vehicles.
The structure is composed by a main house with the lobby and the large panoramic hall, the main bar and the restaurant, which hosts all the fully renovated suites and superior rooms of the Hotel, and three other low rise buildings with the standard garden rooms and the sea-view rooms, for a total of 58 keys

Business Operation

Reasons for selling:

retirement

Other Information

Inventory / Stock value:
€1,000,000