Description
The photograph shall be solely for illustrative
We offer for sale a hotel of category 3 stars, located in the centre of Milan, in a 7-minute walk from the Duomo.
Currently the hotel is under reconstruction.
A separate building with an area of 2 300 square meters, a total of 7 floors and 1 basement.
48 rooms, a restaurant on the ground floor.
The cost of the building – 16 000 000 Euro.
The approximate cost for completion of the project for a boutique hotel with 46 rooms + restaurant - 1 000 000 Euro.
Upon delivery of the hotel management company, is ready to conclude an agreement on the management of 9+9 years for a profit of 900,000 Euros per year.
When you lease restaurant for a profit of 200 000 Euros per year