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Resort Investment Opportunity in Antalya, Turkey

Unique investment opportunity - Hotel and resort with Mediterranean experience located in Kalkan, Antalya, Turkey.

Established 40-50 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 30 - 40 %
Industries Resorts
Locations  Antalya
Local Time 11:58 AM Europe / Istanbul
Listed By Advisor / Business Broker
Status Active
Overall Rating
Partial Stake Sale
USD Undisclosed for 100.0% stake
Reason: The transaction aims to increase: The extra services to be provided with the newly planned investme... View More
Interested to connect with advisors
Documents
Teaser Document
Business Overview

- On the hills of the Taurus Mountains, the melting snow combined with rich minerals stream down the hills heading towards the cleanest and most unspoiled ancient bay in Turkey, Kalkan, which nestles the unique hotel and resort.

- The resort was founded in 1993 and renovated in 2000, 2006, 2016, and 2020.

Unique location - With much of the surrounding land still undeveloped and with the remains of ancient civilizations nearby, Kalkan is known as a resort for those who want calm and seek relaxation. Kalkan is more preserved than other towns in Bodrum Peninsula and villages close to Antalya; the Resort straddles the Gocek, Fethiye, Kas, Kekova, and Demre line and is the primary yacht route ‘Blue Cruise’ in the Eastern Mediterranean right across Rhodes island.

Magical microclimate with almost no humidity providing freshness. The average temperature during the summer months is 30C.

- Resort comprises 64 rooms with Mediterranean elegance and unique comfort. Renowned architect Turhan Kâşo built the resort hotel and surrounding 250 freehold villas as a masterpiece of a Mediterranean sun-kissed city. The resort is spread over a mild slope kissing the turquoise coastline of the Bay of Kalkan, famous for azure beaches 130 km from Dalaman International Airport.

- The facility spreads along with a blue flag-certified beach with a coastline stretching 170 meters. In addition to the unique design of the resort and surrounding villas in the fenced area, it is home to unique botanical flora. It has Special Category Tourism Investment certification from the Turkish Ministry of Culture and Tourism. The resort is a top-rated destination among upper segment local and international tourists, chiefly UK, Germany, France, and Spain as those from USA and Canada.

- Has a wide variety of accommodation options, including the prince rooms, the Mediterranean terrace rooms, superior rooms, Mediterranean top suite, admiralty suite, and the new executive suites.

- Offers the guests direct access to the exclusive and unique turquoise coastline with its private sunbathing platforms and decks leading into the sea.

- The resort has one indoor and three outdoor swimming pools. Two of these pools are sea water, one being supplied with water direct from the sea, the other being filtered.

- The meeting room, which was recently renovated, accommodates guests of up to 80.

- In the upper section of the facilities, there are tennis courts, a clubhouse, a freshwater pool with a slide, staff accommodation units, laundry, and storage houses covering a total area of 12.800 sqm.

Products & Services Overview

Unique sea & spectacular landscape – The resort stretches 170 m along the seaside. The entire beach has exceptional sea water rarely found in the Mediterranean Sea, which is the mixture of the melted snow water from underground and the spring water. It is a rich mineral but low in salt.

Robust Guest Profile - The resort is a trendy destination among upper segment local and international tourists from Europe, chiefly the UK, Germany, France, and Spain, and those from USA and Canada. The yearly average repeat guest ratio is up to 60%.

Excellent original architecture - With unique architecture and design, Turkish motifs and colors are combined with the fragrance and ambiance of the.

The Mediterranean - A variety of aparts and suites are offered on the main and the valley block and have different sizes and options. To make guests’ life more manageable, hotel’s main block is equipped with elevators, and a panoramic glass lift serves people to reach the beaches. Architect Mr. Turan Kâşo was given the Italian Cavaliere State Recognition due to the resort’s unique architecture.

Food & beverages quality - The resort accommodates multiple bars and restaurants, which all face fantastic Kalkan Bay views and enjoy magnificent Mediterranean sunsets. The restaurant offers the best in Mediterranean cuisine, while at the second restaurant, guests can enjoy the best of Italian cuisine. Buffet breakfasts and a la carte dinners are served at another restaurant, located on the lobby & terrace floor. Moreover, there are 3 bars located in the facility, and the resort has additional capacity for two more restaurants.

Additional investment opportunities – The resort is available for an expansion project for up to 300 sun chairs, private sun places, a new infinity pool, and wooden flying decks. On the other hand, the upper section of the facilities covering a total area of 12.800 m2 can be used for project expansion. In this upper land with an exquisite spectacular view, it is possible to implement an expansion project of up to 100 rooms if desired.

Assets Overview

Information will be shared after signing an NDA.

Facilities Overview

Kalkan is an old Greek fishing town on the Turkish Riviera with small streets full of colorful shops, antique jewelers, and historical buildings. The unique architectural design of the resort seamlessly blends the old with the new to create a magical place offering utter relaxation in the heart of nature. Located in the Kalkan Bay on the mountainside and throughout this natural paradise wafts the scent of the most unusual and beautiful jasmines, bougainvilleas, and many other rare flowers. Round the corner lies gorgeous Kaputaş Beach (5 km away from resort), a lovely, sandy swimming cove at the foot of a striking mountain gorge. The water is always a brilliant turquoise blue.

The resort's immediate vicinity, max 1 hour, includes many well-preserved Mediterranean beaches and historical/ archeological sites such as Patara, Xanthos, Sydima, Pinara, Myra, Letoon, Kekova Sunken City, and Tlos are altogether named as ancient Lycia. The Resort offers a picture-perfect view of the impressive Lycian Coast and divine Turkish Mediterranean.

Kalkan receives a minimum of 300 days of sunshine a year and has a very long season, up to 7 months.

The Resort straddles the Gocek Fethiye Kas Kekova Demre line, the primary yacht route Blue Cruise in the Eastern Mediterranean right across Rhodes island.

A new airport project (West Antalya Airport) commenced in the Demre Kaş area. This will significantly increase high-income Russian tourists to the resort due to the proximity (30 km) to St Nicholas Church in Demre.

Capitalization Overview
Not Disclosed
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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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