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Luxury Hotel for Sale in Locorotondo, Italy

For sale: One-of-a-kind 5-star hotel featuring historic trulli in the heart of Puglia, Italy.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 11.3 million (Native Currency: EUR 10,000,000)
Reason: The decision to put the property up for sale is motivated by the advanced age of the shareholders, w... View More
Includes physical assets worth USD 11.3 million
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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.
Products & Services Overview
The hotel's top-selling offerings include luxury accommodations, suites and junior suites, primarily used by upscale leisure travelers and wellness tourists. Its wellness and spa facilities, featuring a Turkish bath, thalassotherapy tub, and massage rooms, attract guests seeking relaxation and rejuvenation. The on-site restaurant and recreational amenities such as pools and sports courts enhance the guest experience, making the property appealing for extended stays and high-value bookings.
Assets Overview
Tangible assets include:
- 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.
Facilities Overview
The owned property spans a total area of 20,235 square meters.
- 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.
Capitalization Overview
The company has no debts or mortgages and holds a valuable, fully transferable tax credit of almost EUR 500,000, which can be utilized by the buyer for future investments or fiscal advantages.
There are 4 equal shareholders of the company.
Recent Activity
  • 14 hours ago
    Director Real Estate / M&A And Investment Advisor, Lisbon, M&A Advisor connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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