Verified listing
HOTEL**** + VILLA IN CANNES OVERHANGING THE MEDITERRANEAN SEA
HOTEL**** + VILLA IN CANNES OVERHANGING THE MEDITERRANEAN SEA
HOTEL**** + VILLA IN CANNES OVERHANGING THE MEDITERRANEAN SEA
HOTEL**** + VILLA IN CANNES OVERHANGING THE MEDITERRANEAN SEA

HOTEL**** + VILLA IN CANNES OVERHANGING THE MEDITERRANEAN SEA

Provence-Alpes-Côte d'Azur, France

Hotels & Resorts

€9.800.000

17 May 2019

287

Property Details

#287

5200 m²

1500 m²

Freehold

Management free on sale

34

3

4

1850

X

Fees

6.00 %

0.00 %

4.00 %

1.75 %

0.25 %

Investment Overview

In wooded, park-like grounds with panoramic sea views, this romantic 19th century mansion-house hotel has 34 rooms. Fully renovated, the hotel offers a gourmet restaurant for 50 people, a swimming pool, massage room and a meeting facilities. Opening: 9 months/year. Turnover 2017: 1,245 K€, of which 25% in catering. Staff: 16 persons in season. For sale: 100 % of shares of the SCI (Property Holding Company) owner of the freehold and 100 % of the operating company. Optional: on a plot of 2500m² adjoining the hotel, a totally renovated and furnished villa (contemporary) with reception lounge, dining room, kitchen, and 4 bedrooms (11 beds). Private swimming pool. Currently a privatized rental by the hotel. Price of the freehold of the villa: 2,150K€.

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