Hotels for Sale in Bukhara

The project is currently partially constructed and pre-revenue, offering an opportunity for a buyer to complete the fit-out and commence hotel operations. - Located in the highly sought-after Turki Jandi district of Bukhara Old City, the property is approximately 300 meters from Bukhara’s main historic tourist center and a 5-minute walk from the Kalon Minaret, Po-i-Kalyan Ensemble, and Lyabi-Hauz. - Approximately 700 meters from the property, a new Congress Hall and a large heritage-style tourist village are under construction, which are expected to significantly increase year-round tourism, business travel, and MICE (Meetings, Incentives, Conferences, and Exhibitions) demand. - The development comprises a fully built 6,600 sqm shell-and-core structure (three floors plus a full-footprint basement) situated on 3,800 sqm of freehold land within the UNESCO World Heritage Buffer Zone. - Due to the UNESCO construction moratorium (Decision 45 COM 7B. 174), no new development permits are currently being issued within the area, making this a rare grandfathered development opportunity with secured building rights. - The existing permit also allows for additional expansion on the remaining approximately 500 sqm cleared plot. - Uzbekistan's tourism sector continues to experience strong growth, with over 10 million foreign visitor arrivals recorded last year, making it one of the fastest-growing tourism markets in Central Asia. - Hotels in Bukhara Old City reportedly achieve average daily rates (ADR) of approximately USD 180–250 during peak periods, with occupancy levels exceeding 90%. - Local hospitality market indicators show continued growth, including year-on-year RevPAR growth of approximately 12.6%. - Government incentives available to qualifying hotel operators include a 50% reduction in corporate income tax for eligible hotels over the next three years and a 20% VAT cashback on non-cash transactions. - Based on management projections, the completed hotel is expected to generate approximately USD 2.8 million in annual revenue and USD 1.2 million in EBITDA (43% EBITDA margin) by Year 3 of operations. - At an estimated 11% capitalization rate, the stabilized asset value is projected at approximately USD 10.9 million. - The estimated remaining fit-out investment is approximately USD 3.5 million, providing the potential for significant value creation and an estimated developer profit exceeding USD 2.7 million upon stabilization.

* Fully operational 54-room boutique hotel located in Bukhara, one of Central Asia’s top tourism destinations. * Situated in a high-demand area with strong year-round tourist flow, especially during peak season (April–October) with 80% occupancy. * Modern interiors, well-maintained facilities, and ready-to-run business with no additional investment required. * Includes lobby, restaurant, swimming pool, and fully furnished guest rooms. * Growing tourism market in Uzbekistan supported by government initiatives and increasing international visitors. * Ideal opportunity for investors seeking hospitality assets with strong upside potential. * The business is registered as an LLC with a trade license. * The listing is managed by an advisor who is based in Turkey.

* Fully operational 54-room boutique hotel located in Bukhara, one of Central Asia’s top tourism destinations. * Situated in a high-demand area with strong year-round tourist flow, especially during peak season (April–October) with 80% occupancy. * Modern interiors, well-maintained facilities, and ready-to-run business with no additional investment required. * Includes lobby, restaurant, swimming pool, and fully furnished guest rooms. * Growing tourism market in Uzbekistan supported by government initiatives and increasing international visitors. * Ideal opportunity for investors seeking hospitality assets with strong upside potential. * The business is registered as an LLC with a trade license. * The listing is managed by an advisor who is based in Turkey.