Newly Established Luxury Hotel for Sale in Mecca, Saudi Arabia
For Sale: Newly constructed 5-star hotel on 3,000 sq. m. land in Mecca, Saudi Arabia.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Luxury Hotels |
| Locations | Mecca |
| Local Time | 3:49 PM Asia / Riyadh |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
267 million
(Native Currency: SAR 1,000,000,000)
Reason: The owner is trying to sell this hotel, so he can look to other projects he has.
Includes physical assets worth
USD
267 million
Interested to connect with advisors
Documents
Mecca Hotel - Outside View
(159.1 KB)
Business Overview
- Hotel has the best location in Saudi Arabia. At Mecca - less than 1 kilometer from the Holy Mosque.
- The land is 3,000 sq. m. and the hotel has 3 towers.
- The towers have 878 rooms in total with many utilities such as restaurants and events rooms.
- The hotel also has a big parking lot for pilgrims' buses, and 134 parking spots for other vehicles.
- All the elevators are brand new from Toshiba. The hotel has air conditioners from the Carrier company which are concealed in the ceiling.
- Buyer will get the entire hotel complex along with 3,000 sq. m. land for SAR 1 billion.
- This transaction is being handled by a real estate advisor based in Eastern Saudi Arabia.
- The land is 3,000 sq. m. and the hotel has 3 towers.
- The towers have 878 rooms in total with many utilities such as restaurants and events rooms.
- The hotel also has a big parking lot for pilgrims' buses, and 134 parking spots for other vehicles.
- All the elevators are brand new from Toshiba. The hotel has air conditioners from the Carrier company which are concealed in the ceiling.
- Buyer will get the entire hotel complex along with 3,000 sq. m. land for SAR 1 billion.
- This transaction is being handled by a real estate advisor based in Eastern Saudi Arabia.
Products & Services Overview
Luxury hotel with 878 rooms, restaurants, and rooms for hosting events.
Assets Overview
Physical assets that will be transferred in this transaction are the land of 3,000 square meters and all constructed buildings.
Facilities Overview
The hotel is constructed on a land parcel of 3,000 square meters. There are 3 towers with a total of 878 rooms.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Healthcare, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysReal Estate Negotiator, Kuala Lumpur, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysM&A Advisor, New York City, M&A Advisor connected with the Business
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