Luxury Hotel for Sale in Locorotondo, Italy
Established | 20-30 year(s) |
Employees | 10 - 50 |
Legal Entity | Public Limited Company |
Reported Sales | USD 1.36 million |
Run Rate Sales | USD 1.43 million |
EBITDA Margin | 40 % |
Industries | Luxury Hotels |
Locations | Locorotondo |
Local Time | 3:04 AM Europe / Rome |
Listed By | Business Owner / Director |
Status | Active |
- 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.
- Land: 20,235 square meters total area.
- Hotel building: 2,330 square meters with 26 units (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:
- Active tax credit of almost EUR 500,000.
- Registration certificate.
- Approved business plans.
- The hotel spans an area of 2,330 square meters and comprises 26 housing units, including 12 suites with whirlpool bathtubs, 12 junior suites, and 2 double rooms, offering a total capacity of 76 beds.
- The restaurant features 150 seats, a fully equipped professional kitchen, a spacious pantry, staff changing rooms with facilities, and full accessibility for individuals with disabilities.
- Two outdoor swimming pools carved into the rock, both located on a panoramic sun terrace and illuminated for nighttime use; one of the pools is equipped with a whirlpool system.
- The property includes a fenced and illuminated tennis court, a fenced and illuminated multipurpose court suitable for basketball and volleyball, and a bocce court with night lighting.
- The wellness area includes a Turkish bath, a whirlpool pool, a thalassotherapy tub, a sauna, a massage area, and dedicated rooms for body scrubs and mud therapy. Separate changing rooms and facilities are available for men and women.
- The property features four separate internal parking areas, each equipped with automated gates and video surveillance.
Additional features:
- The property includes a children’s playground area and a beautifully landscaped garden featuring illuminated stone pathways, an irrigated lawn, centuries-old olive trees, oaks, and ornamental plants. Modern heating systems are powered in part by solar panels, supported by a 50.4 kilowatt per hour photovoltaic system integrated into a covered parking area of approximately 400 square meters.
- Ideally situated just a short distance from several popular tourist destinations and well-connected to major regional airports, making it easily accessible for both domestic and international travelers.
There are 4 equal shareholders of the company.
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14 hours agoDirector Real Estate / M&A And Investment Advisor, Lisbon, M&A Advisor connected with the Business