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Charming Sophisticated B&B in Historical City of Olinda, Brazil

  • Price
    US$1,390,000
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Description

Exceptional ocean front location.

Nationally and internationally known tourist location. World Heritage location in one of the oldest cities in Brazil.

Great attraction for tourism with various sights including churches, monasteries, historic buildings, restaurants, folklore and beautiful scenery. One of the most popular Carnivals in Brazil.

Obligatory itinerary of domestic and foreign tourists, Olinda receives hundreds of visitors daily.

Splendid views, to the right the city of Recife; and to the left the northern coast; straight ahead the immensity of the emerald ocean, blue sky and the horizon.

Sophisticated, Mediterranean inspired architecture.

Designed to the standards of a superior category coastal hotel architecture and engineering.

Land area 1,442 square meters. Built area 1,080 square meters.

Indoor and outdoor social spaces, swimming pool, restaurant and breakfast room and good hotel support structure.

Distant 8 km from Recife city and 14 km from Recife International Airport (REC) in prime location.

Very good financial and real estate viability for the investor who wants to undertake in this region and in the hotel segment.

Conservative projection of hotel occupancy of 38%.

40% operating profitability;

Break even point achievable at occupancy level below 18%.

Capacity for 40 guests.

14 apartments divided into 2 categories:

Ten (10) master units with 20 m2 each (two adapted for handicaped) located in the entrance hall integrating the leisure, reception and breakfast area.

Four (4) Premium units with 25 m2 each. Larger units with differentiated furniture and sea view balcony.

Restaurant

Pool Deck

TV room

Cable TV

Air conditioning

Attractions for guests in the local area:

Sea

City attractions

Cultural interests

Historic center

Hiking

Cycling

Welfare

Night life

Cafes

Bars

Restaurants

Price $US

1390000

Location

Olinda, Pernambuco, Brasil

Email

tony.menezes@hotelhighlander.com.br

Phone

+55.81.99781.5378

Website

http://pousadamardosmilagres.com.br/

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Region
  • Brazil
For Sale or Lease

For Sale

Categories
  • Bed and Breakfast for Sale
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