SALE OF A 5* HOTEL ON THE COTE d'AZUR IN THE AREA OF SAINT-TROPEZ, €28.5 million.
A completely renovated 5* hotel complex with a restaurant, spa area and beach club is for sale — in one of the most prestigious areas of the Cote d'Azur, near Saint-Tropez.
Key features:
• Plot: 6,937 m²
• Green area: 3,475 m²
• Total area of buildings: 1,837 m²
• Total levels: 4
• Number of rooms: 38 rooms (including 9 suites and 2 PMR rooms)
• Restaurant / Bar: 214 m²
• Conference room: 125 m²
• Wellness area: swimming pool 14.6 × 6.6 m, sauna, massage rooms, gym
• Parking: 57 spaces (23 underground, 34 open)
Beach club:
• Exclusive beach concession issued by the municipality
• License IV for the sale of alcohol
• Direct access to the sea from the complex
Price: 28,500,000 € + 3% real estate agency commission
Management options:
Guaranteed rental rate from an international chain: 2,000,000 € per year
(With the conclusion of a long-term management contract for the hotel with an international 5★ class operator)
Legal and financial status:
• All city and building permits obtained and not subject to challenge
• Full insurance coverage for the renovation
• Possibility of transferring existing mortgages up to 9,870,000 €
• Sale with VAT and reduced registration tax
• Possibility of transfer of all current licenses, furniture and equipment (725,000 € + VAT)
The ideal asset for an investor seeking a presence in the premium hotel market of the French Riviera.
Details, plans, renderings and financial model available upon request and after signing an NDA.
