Marsaxlokk -
€7,500,000 For Sale


Property Details

Sea Front Hotel Lido and Marina - South.

> 120 room hotel. Each room would measure about 30sqm each;
> Approximately 4,000sqm footprint;
> Restaurant;
> Swimming pool;
> Underground parking;
> Natural reserve administered by the hotel. Ideal for clients who like bird watching etc
> New lido administered by the hotel & open to the public too;
> Gated access in front of the hotel. Therefore access to the public property in front of the hotel will be controlled.

The potential revenue is large. One would enjoy 43,800 bed nights. At a mere €100/night, the annual turnover is €4.38m.

The revenue from the restaurant, bar, lido (possibly with water sports) will all generate ancillary spend.

Government funds in order of 6 million euro in place to embellish the surrounding areas.

Freehold.