Beach Hotel in Tallinn Real Estate

All Properties and Projects  -  Estonia. This Property Project:  Description

Beach Hotel in Tallinn - Hotel Project in Estonia

FOR Sale -profitable business - mini hotel in Tallinn.

Please, contact

372 53866664

email - vilposinfo@gmail.com

Hospitality development:

  • Country: Estonia
  • City/Area: Tallinn
  • Asking Price: EUR - 150,000
  • Last updated d/m/y: 29/8/2017
  • To contact the hotel owner or agent:
  • more contacts may be provided by advertiser in description below
Mini-hotel in Tallinn as a business (not property).
The land area is 500m2, the total building area is approximately 700 m2. The hotel has 20 rooms, the rooms are in 3 categories (luxury, standard and economy). 80 of the number of rooms have sea views. Fully equipped café is served buffet style breakfast. The hotel is in a prestigious location next to the main exhibition center and a place for all the concerts in the city. Next to the monument of the Mermaid and the Kadriorg Park, 150 meters from the beach, in the center of Tallinn.

Assets: Hotel furniture and equipment, textiles, glassware and equipment cafes. Ventilation and air conditioning systems, CCTV systems, fire alarm systems. All equipment - new - it was founded in December 2015 - it is in excellent condition. The hotel does not require any investment - in a 5-7 years!

Growth / Development: Increase license to hold funds for the conversion of the attic extra room - (possible to make another 10 rooms), which increases profitability. Possibility to connect to the network hotels.

Reasons for sale: family reason.

The price is EUR 150 000.
Additional information is available upon request and after the signing of the LOI and NDA prospective buyer.

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