Luxury Hotel for Sale in Istanbul, Turkey
Luxury 5-star hotel with 75% average occupancy in a highly desired area with real estate.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 7 million |
| Run Rate Sales | USD 16.5 million |
| EBITDA Margin | 40 % |
| Industries | Luxury Hotels |
| Locations | İstanbul |
| Local Time | 1:09 PM America / New York |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
108 million
(Native Currency: USD 108,000,000)
Reason: The business owner wants a change of industry. This is an advisor-represented profile. The advisor w...
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Includes physical assets worth
USD
108 million
Interested to connect with advisors
Documents
Hotel-NDA
(69.9 KB)
Buyer Info Sheet
(27.9 KB)
Commission Agreement for Buyers
(123.9 KB)
Business Certificate
(474.9 KB)
Business Overview
- This hotel was built from scratch by the seller.
- The building is luxurious, and the staff is polite and well-connected.
- This is a 5-star facility with spectacular cuisine, a large garage, and repeat clientele.
- The hotel has 320 rooms and 75% average occupancy.
- This is an advisor-based profile. The advisors are based out of New York, but for the purpose of this transaction, they will stay in Istanbul.
- Please be aware that we were provided with a pre-pandemic 2019 official expertise report regarding the true value of the hotel. Note that this expertise report was only made available in the Turkish language, so you may need to use your own resources for a translation.
- The building is luxurious, and the staff is polite and well-connected.
- This is a 5-star facility with spectacular cuisine, a large garage, and repeat clientele.
- The hotel has 320 rooms and 75% average occupancy.
- This is an advisor-based profile. The advisors are based out of New York, but for the purpose of this transaction, they will stay in Istanbul.
- Please be aware that we were provided with a pre-pandemic 2019 official expertise report regarding the true value of the hotel. Note that this expertise report was only made available in the Turkish language, so you may need to use your own resources for a translation.
Products & Services Overview
This is a 320-room hotel that offers a wide variety of amenities to the guests.
Assets Overview
Sale includes everything tangible and intangible assets. As the exclusive brokers on this unique acquisition, we would like to share our professional opinion with you, we strongly believe and understand that this hotel and the land that it sits on are greatly undervalued at this asking price. The report shows the value of the hotel was USD 173 million dollars.
Facilities Overview
The sale includes real estate. The hotel has a built-up area of 86,111 sq ft. The building is in great condition, and all fixtures and furniture, and everything are included in the sale.
Capitalization Overview
The seller owns 100% of the hotel. Please be aware that we were provided with a pre-pandemic 2019 official expertise report regarding the true value of the hotel. Note that this expertise report was only made available in the Turkish language, so you may need to use your own resources for a translation. The report shows the value of the hotel was USD 173 million dollars. Please also note that the buyer will not pay taxes to the Turkish Government for this transaction.
Recent Activity
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Earlier than 15 daysGM, Cluj-Napoca, Financial Consultant connected with the Business
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Earlier than 15 daysSenior Advisor, Geneva, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Investment Firm, Melbourne, Corporate Investor / Buyer connected with the Business
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