Luxury Hotel Investment Opportunity in Húsavík, Iceland
Proposed luxury hotel with 150 - 200 rooms having a spa and a restaurant.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Luxury Hotels |
| Locations | Húsavík |
| Local Time | 8:11 AM Atlantic / Reykjavik |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
11 million
for
70.0%
stake
(Native Currency: ISK 1,500,000,000)
Reason: Financing to start construction of the hotel.
Documents
Tax office confirmation
(39.7 KB)
Business Overview
- Looking for funds to start construction of a luxury hotel in Iceland.
- Land is already acquired on a 99 year rental from the town council and is around 50,000 Sq M.
- Have received letter of interest to rent the hotel from 2 large international hotel chains once construction is complete.
- Hotel will be highly upscale and the basic blueprints have been made.
- Expected to have between 150 to 200 rooms with a spa and a restaurant.
- Located in a famous tourist area on top a cliff overlooking the ocean with a geothermal sea bath nearby.
Products & Services Overview
Luxury hotel with 150 - 200 rooms.
Facilities Overview
50,000 Sq M property on a 99 year lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounding Partner, Oslo, Financial Advisor connected with the Business
-
Earlier than 15 daysSenior Loan Advisor, India, Financial Advisor connected with the Business
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