Luxury 5-Star Hotel for Sale in Puglia - Itália
One-of-a-kind 5-star hotel featuring historic trulli in the heart of Puglia, in Locorotondo, Italy.
Business Overview:
- Hotel surrounded by centuries-old olive trees and iconic white trulli, the property enjoys a prime location with strong tourist appeal.
- It is set within an ancient hamlet made up of 33 trulli and other historic buildings.
- The entire complex has been meticulously restored in accordance with official heritage preservation guidelines to ensure historical and architectural integrity.
- Approved development project allows for the construction of a 447 square meter conference hall, fully equipped with all necessary services.
- The project also includes four new residential units made from local stone with pitched roofs, totaling approximately 110 square meters.
- The new owner has the flexibility to submit a modified expansion plan based on their entrepreneurial goals and strategic vision, taking into account the features of the area.
- Additional surrounding lands are available for purchase, providing further potential to expand and enhance the overall value of the property.
- The owner is also open to selling the company, a joint-stock entity whose sole asset is the property.
- The company has a registration certificate and approved business plans.
- Currently, the facility employs at least 13 permanent employees, dedicated to the operational management of the hotel, catering, and ancillary services. We hire contractual workers as needed, depending on seasonal requirements.
Assets Overview:
Tangible assets include:
- Land: 20,235 square meters total area.
- Hotel building: 2,330 square meters with 26 units, including 12 suites with whirlpool bathtubs,
12 junior suites, and 2 double rooms, offering a (total capacity of 76 beds).
- Restaurant: 150 seats, kitchen, pantry and staff areas.
- Pools: 2 outdoor rock-carved pools and one is with a whirlpool.
- Sports facilities: Tennis court, multipurpose court and bocce court.
- Wellness area: Spa, sauna, Turkish bath, and therapy rooms.
- Parking: 4 gated lots + 400 square meters covered area with solar panels.
- Garden & playground: Landscaped areas, olive trees and kids' zone.
- Energy system: 50.4 kilowatt per hour photovoltaic system.
Intangible assets include:
- Approved business plans.
- For more information, request photos of the apartment and schedule a visit, contact our commercial department. Thanks
* If you dont find in our list the property you are looking for, please contact with us and inform about your requirements, we may have acces to what you are looking for.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $11,723,260
Converted From EUR
Exchange Rate $1.17
Cap Rate Available On Request
Additional Details
Suite/Unit Number 12
Building Area 2330.00 Square Feet
Land Area 20230.00 Acres
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? No
Seller Willing To Lease? No
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