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Hotel And Restaurant In Silver Coast For Sale

Tocha, Coimbra, Portugal
Asking Price:
€1,900,000
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Located in the center of Portugal, on the main access axis to the beaches of Figueira da Foz and 10 min. Praia da Tocha and 30 min from the city of Coimbra.
64 hotel rooms
1 outdoor pool
1 tennis court
1 Restaurant - Bar
Banquet halls for up to 500 people

Property Information

Real Estate:

Real Property Included

Living Accommodation:

64 hotel rooms

Location:

Located in the Silver Coast, center of Portugal, on the main access axis to the beaches of Figueira da Foz and 10 min. Praia da Tocha and 30 min from the city of Coimbra.

Premises Details:

Great roadside hotel location
Large banqueting and coference rooms
Gardens, Barbecues, outside pool, tennis court, parking, etc.

Size in square feet:
7.800 sqm land

Business Operation

Expansion Potential:

Excellent investment opportunity with possible conversion into apartments

Competition / Market:

10 minutes from the tradicional beach - Praia da Tocha
Needs some renovations to update.

Reasons for selling:

Age of the owners

Employees:
10
Years established:
30 years

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

around 40% of equity capital is required to obtain financing from Portuguese bank.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.