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Operating Apart-Hotel With Restaurant For Sale in Jūrmala, Latvia

Jurmala, Rigas, Latvia
Asking Price:
€5,700,000
Sales Revenue:
On request
Cash Flow:
On request

The property is located in one of the most recognised resort areas of Latvia, close to the beach, a major concert hall, restaurants, pedestrian areas and tourist infrastructure. The offer includes an operating hospitality concept combining accommodation, restaurant services, breakfasts, events and additional guest services.

The accommodation concept is based on spacious premium-class apartments with modern interiors, private kitchens, bathrooms, air conditioning, Wi-Fi and guest amenities.

The restaurant is located at the hotel and works as a separate business direction. It offers international cuisine, breakfast service, bar, banquets, private events, weekend atmosphere and delivery through popular food delivery services.

Key advantages:

— central location in Jūrmala, Majori;
— operating apart-hotel and restaurant;
— modern furnished apartments;
— restaurant with international cuisine;
— breakfast and banquet potential;
— sauna / SPA area;
— courtyard and guest recreation areas;
— websites and digital presence for both hotel and restaurant;
— suitable for owner-operation or professional hospitality management;
— potential for further development of accommodation, events and restaurant revenue.

Property and business details:

Asking price: 5 700 000 €
Total building area: 1139,6
Number of apartments / rooms: 14
Business status: operating
Financial information: available upon request after NDA

This is a suitable investment for a hospitality operator, private investor or company looking for a ready-to-operate hotel and restaurant business in Jūrmala.

Additional photos, financial data and deal terms are available on request.

Property Information

Real Estate:

Real Property Included