Xlendi - Hotel
€1,800,000 Sold STC

Property Details

Gozo: For Sale: Apart Hotel 64 Beds + Reception, Bar & Restaurant + Pool + 5 Star Diving Centre.

8% Return on Investment - Offered by lease back guaranteed by current owners.

Permits in hand to develop 2 more floors bringing the number of beds up to 90.

One can also apply for an additional floor the 2 floors already sanctioned.

We are offering a once in a life time opportunity to be the proud owners of an already tenanted hotel minutes away from one of Gozo’s most cherished beaches and diving sites.

Situated in the pretty fishing village of Xlendi Bay, this Aparthotel currently consists of 22 units of which 10 are self-catering, one bedroomed apartments including Kitchen and Lounge/dining area. 8 also have balconies; 2 self catering Studio flatlets and 12 double bedroomed hotel rooms.

The property includes a semi basement floor level, part of which consists of a garage, providing on site parking for patrons of the hotel. Another part of this floor is a licensed 5 star diving centre.

Also included - Restaurant catering for 58 covers.

There is also a bar and restaurant with 60 covers.

There is potential for an additional 2 floors plus Penthouse level.