Hotel in Rome, Italy, 5 100 sq.m

For urgent sale is a luxury hotel with SPA for 57 luxury apartments, with a total area of 5100 m2, located in the heart of Rome, in one of the most expensive areas, surrounded by expensive boutiques.

Characteristics of the turnkey object:

1) completely redeveloped, very beautiful historical building in the Art Deco style with balconies;

2) The internal renovation of the building is completed by more than 80%, only some interior finishing works remain (within 8-10 million euros)

3) total area 5100 m2

4) 8 floors, 4 elevators, 1 staircase

5) very high floors from 3.25 to 3.83 m

6) terrace of 570 m2

7) hotel area 3,220 m2 + commercial premises 490 m2

8) 57 rooms- apartments, all suites

9) restaurant

10) large spa with swimming pool

11) technical floor and spa = 820 m2

12) before the pandemic, a very well-known European hotel group wanted to manage the hotel; they signed an agreement with an income for the owner of 3.5 million euros, 1.0 million euros was expected from commercial facilities. Other well-known hotel groups also claimed to manage the hotel.

Attention, the price is reduced! The old price is 110,000,000 euros, the new price is 70,000,000 euros!