4-Star Hotel Development Project Jerusalem, Israel
Location: Sheikh Jarrah, 1 km north of the Old City, East Jerusalem, Israel
Name: TBA
No. of Keys: 300+ rooms
The Property: 4,381 sqm land, 11 floors with a further 3 basement levels for car parking and hotel services. The hotel is designed as four star and will provide retail, club and bar, conference and meeting rooms (for how many?), coffee shop, roof-top pool with restaurant and health club.
Planning permission consented.
Timings to be confirmed
Main Photo: The new hotel – imagined
Tenure: Freehold
Brand/Management: Offer in place from Marriott, but not committed
Financials: Business plan available upon signing of a NDA
Current Owner: Local development company
Agent: Local agent in partnership with The Hotel Property Company
Guide Price: TBA
Guide Price per Key: TBA
Date Posted: February 2020
THPT Comment: This is a great opportunity to acquire an exciting new project in up and coming Jerusalem
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email [email protected].
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.