Beach Front Boutique Hotel San Remo, Italy For Sale

Location: 65 km from Nice Airport, on the Italian side of the Cote D’Azur, San Remo, Caponero, Italy

Name: TBA

Guide Price: €3m

Guide Price per Key: €130k

No. of Keys: 23

The Opportunity:

This three-star boutique hotel, located on the beach, just a few km from San Remo, 20 km from the French/Italian border, sadly closed during Covid and has not re-opened since.

Set on the cliff of Capo Nero, the hotel is directly on the Riviera dei Fiori seafront and has 2 swimming pools. Rooms are air-conditioned and offer free Wi-Fi and SKY TV. The hotel features a heated salt-water 25-metre indoor swimming pool, and an outdoor salt-water pool set among the rocks. The private beach is equipped with sun loungers and parasols. The breakfast room and lounge bar overlook the sea and the swimming pool. The town of Ospedaletti enjoys the mildest climate of the whole Riviera Dei Fiori. Situated between Sanremo and Bordighera.

The restaurant has 100 covers. Bedrooms are mainly 18 sqm. FG

Flag & Management: Free to new owner

Current Owner: Private family, where the patriarch wishes to retire

Main Photo: The hotel, with two pools, right on the beach

Financials: Closed since 2019, so no figures available

Tenure: Freehold

Agent: Retained local agent in partnership with THPT

Date Posted: August 2022

THPT Comment: This beach resort on the Italian side of the Cote d’Azur is available at a great price, ready for a refurb to upgrade the facilities to four or even five star

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 week we mail the opportunities posted in that period, 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.

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