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.
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.
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
In talks with 3 Investors