License Type: Hotel Price: 43,860,000.00€ Ref Number: SRE0931
Freehold / Lease: Freehold
Full Description: The hotel boasts 502 bedrooms and 35 fully-equipped suites with sea and mountain views, 70,000m2 of magnificent tropical gardens, Convention centre with 28 conference rooms, one of which seats up to 1500 people.
The Hotel Hosts the following:-
4 restaurants
4 bars
4 swimming pools
Health club
16 tennis courts
Sports field
Fitness centre
The hotel was originally constructed as a 5 star hotel but was rented to Club Med for approximately 30 years who ran it with no star rating. In 1999 it was rented to a company who undertook a partial renovation and ran the Hotel as a 4 star.
The Hotel has been closed since February 2005.
The hotel does require slight renovation
100% share deal, with the Hotel being sold fee of all debts and risks and Free of Management contracts.