Business For Sale Listing 144063
The 402 Luxury Hotel, Residential & Spa Developmnt
Status as of Dec-2-2008 at 06:01 PM: Active
Business Summary
The 402 luxury hotel, residential & spa development site sets in tropical gardens with salt and fresh water in 6.9 hectares of land perched near the Atlantic coast.
The 5 star luxury hotel facilities are reception, spa, 2 restaurants, 2 bars, tennis court, garden walkways, lakes, interior & exterior swimming pools, children swimming pool & playground, room service, laundry service, room massage, business centre, security service & medical assistance. The entrance to the suites are through a central foyer and able to enjoy the atmosphere and services of the 5 star luxury hotel.
The Village and its surroundings are one of the most sought after holiday destinations. Only 40 minute drive from the International Airport and offer an impressive range of leisure facilities. Numerous high class hotels, over a dozen high quality leisure developments, numerous 18 hole golf courses, Tennis clubs, Horse riding centres, extensive water sports facilities, health and fitness centres, nature trails, extensive dining & shopping all reached in 15 minutes.
Estimated development cost 70,500,000 Euro and future value 96,250,000 Euro.
Categories
Industry
Location
| Classification: |
Europe |
| Location: |
Portugal |
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Asking Price: |
Over $20 Million (70,500,000 Euro) |
