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New Hotel - Roi/5-12 Years In Merkez,Turkey For Sale

Merkez, Kahraman Maras, Turkey
Freehold Price:
$500,000 (USD) Furniture / Fixtures included
Lease Asking Price:
$100,000 (USD) Furniture / Fixtures included
Sales Revenue:
$120,000 (USD)
Cash Flow:
$100,000 (USD)

1 bedroom + living room with kitchen niche (20 units)
[Turkish Bath in every room, heated floors]
5 studio rooms on the roof
Fitness and SPA center in the basement floor
2 stores/reception at the entrance floor
8 person lift
Selling furnished too (Add 50K on top for the whole furniture and appliances; two single beds, wardrobe, couch, tv unit, fridge, dishwasher, washing machine, tv, etc.)

Even if you rent the whole building as apartments (150$ per unit per month), the rent returns in 12 years, if you run it as a hotel (20$ per person per night) this can go down to 5 years. The fitness and SPA alone itself can be rented out for 1000$ per month (we have a ready tenant). 10 parking spots included.

We are guaranteeing you Turkish citizenship if you buy this hotel, 2 different families can benefit if they buy as partners (immediate relatives included).

The construction will end by the January 2021. All of the sales price and the procedure will be transparent.
In 2023 there will be an EXPO in the city which the nightly prices will go up to 50$ per night per person for the whole year.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Available as lease or with real property included

Location:

In Kahramanmaras city; with 1.1 million population, two universities within 5 km radius, skiing center 20 mins away by car, aquapark 15 mins drive away, amusement and cycling parks 15 mins drive away
Parallel to the main boulevard connecting the two main districts of the city

Premises Details:

Hotel building on the own premises on its own land

Size in square feet:
10,000
Planning Consent:

Residential Permission is gained, hotel permits can be taken in a week

Business Operation

Competition / Market:

No hotels in 2 km radius, right in the middle of two districts; the business district in old town and the residential one in the new town.

Reasons for selling:

Construction company sells its building to pursue new projects

Trading hours:

24/7

Employees:
3
Years established:
2020

Other Information

Support & training:

We will establish the whole system for you with the official permits

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Related Documents:
Lease asking price:
$100,000 (USD) - Furniture / Fixtures included
Home based:
This business can be run from home.

Contact Information

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