Four Star Hotel in Milan For Sale – 250 Rooms plus
Location: Turro, Close to Metro, Milan, Italy
Name: TBA
No. of Keys: Slightly more than 250, Standard, Superior and Suites, Including a Number of Apartments
The Property: Currently under a major brand, but be secured flag free. This hotel was opened in 2010. It is just outside the centre of Milan (9 km from Linate airport and 5km from Milano Centrale station). The hotel has it’s own shuttle coach.
The hotel has two restaurants, a spa with a gym, a multi-functional conference centre with a capacity of 300 seats. The complex consists of five buildings connected by spacious galleries, with a total area of 35,000 square meters, with 7,600 square meters, parking and 3,000 square meters of internal very well-kept gardens, which offers golf lovers a 7-hole course.
The hotel runs a happy hour for residents in the summer in the garden area, with live music.
There is also a roof-terrace, business centre and a pool.
The spa, restaurant and cleaning is currently outsourced.
Main Photo: A suite at this hotel
Tenure: Freehold
Brand/Management: Will be flag and management free on sale
Current Owner: Private company
Guide Price: €62m to include agents’ fee
Guide Price per Key: €250,000
Date Posted: September 2019
THPT Comment: A very substantial hotel, whilst not in the centre, in a good area convenient for the universities of Milan
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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
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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.