Hotels for Sale and Investment Opportunities

- This is a star property with 27 rooms and other hospitality services. - Average footfall is 50-60 customers per day. - The brand is recognized and listed on major platforms for bookings. - Average occupancy rate is around 80% at the moment. - Run rate sales have dropped compared to last year due to Covid-19 social restrictions. - Promoter has 21 years of experience in this industry.

Hotel property for sale in Dapoli. Property details - * Situated at Gimhavane, Dapoli. Adjacent to Dapoli city. (2 km away from Dapoli bus stand). * Dapoli- Harne Roadtouch prime business location with huge business potential. Beautiful, open, and lush green surrounding. * Freehold N. Land, clear title, and single ownership. * Town planning approved the plan with collector and local permissions. * 27.0 Guntha land plot with one well and one bore well with ample water. * Excellently planned, aesthetically designed, and constructed building with good quality material and workmanship. The property is near completion. * Around 30,000 sqft total construction. (basement + three upper floors + well designed & constructed terrace) In all five usable floors. The basement is around a 6,000 sqft area available for all indoor activities like sports, gym, games, spa, meetings, theatre, etc. The ground floor has a 1,600 sq. ft (carpet area) restaurant including a kitchen attached with a spacious front courtyard. * Spacious hotel reception of around 1,400 sqft (carpet area) attached with an office room, washroom, and cloakroom. * 3,000 sqft (carpet area) commercial space (for the shop, showroom, etc. Can be rented out also). * Lift. * Two staircases. * Grand entrance canopy. First floor. --------------- * Ten (10) proper-sized attached guestrooms (total 24 guest rooms) with spacious balconies. * One 1,600 sq. ft (carpet area) banquet hall attached with a spacious pantry and two (ladies+gents) washrooms. * Spacious (800 sq. ft) open-to-sky central lounge covered with a skylight roof. Second floor. --------------------- Fourteen (14) proper-sized attached rooms (total of 24 guest rooms) with spacious balconies. * One service room. * Lift. Terrace. ------------ * Well-designed rooftop restaurant of around 4,000 sq. ft. with lift provision. * Spacious pantry with seven huts. * Big open space along with a wall screen provision. * Lift. Open land. ----------------- * Ample parking space. * Plinth for two fast food huts alongside a courtyard. * Space for a small size pool and poolside parties. *Water body (fountain) in front of the restaurant. * 2+2 separate common washrooms for ladies and gents. * Security cabin. * Two frontside entrances to the premises with gates. * Compound wall. The property is near completion and is to be sold on an "as is, where is" basis. Being a winding-up process, the property is reasonably revalued at INR 11 crores.

- The Hotel is located in Croatia, which is the most visited tourist market in the CEE region. - The highly demanding location makes it fairly easy to fill the capacity of this mid-size hotel and return the investment. - Due to a lack of quality management and workforce, the hotel operated at low capacity for several years.

Hotel is in a prime location in Kolhapur City. The yearly occupancy rate is 70-75%. Hotel is managed by an established management brand. Facility has all the required amenities and we are planning to add additional features. We have been paying a lot of interest so we need INR 15 crore to clear the debt.