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INVESTMENT OBJECT IN SENIOR - 200 m to the sea!
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WHAT IS THIS OBJECT FOR?
• an investor seeking a reliable and stable return from the lease;
• A BUSINESS wishing to expand or start a profitable accommodation business in Palanga;
• FAMILY wishing to live in the heart of Palanga and at the same time manage the rental business without leaving the house.
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STABILITY AND STEEL BUSINESS
• LONG SEED: Operating for more than 20 years, with a wide range of loyal customers - steady employment and lower marketing costs.
• PATRAULI PLACE and layout: functional layout and great location in the heart of Palanga further increases the value of the object.
• PROLNINGALITY: Return - about 12 years, rental profitability (before cost) is ~ 12%.
• INDEPENDENT STATE: The building is constantly maintained and renovated - neat, clean and ready to proceed immediately.
Why would you like to write, if that's what you want?
Business has been successfully developed for years, but existing owners retire and plan to enjoy a quiet life on the coast of Palanga.
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BACKGROUND
• Object type: apartment / guest house ("guest-house") / hotel;
• Number of apartments: 14
• Total area: 581,60 sq.m.;
- Main building: 521,57 sq. m., of which 146.09 sq. m. basement and 82,97 sq. m. shelter;
- Guest house: 60,03 sq.m.;
• The plot area: 10,29 century;
• Use of the plot: residence;
• Purpose of the building: residence;
• Heating: gas, heated floor in sanders;
• Conditioners in all rooms;
• Distance to sea: about 200 m;
• Infrastructure: all rooms with air conditioning, some balcony / terrace / kitchenettes
• Parking: yard, with parking - 14 seats; 8 full (possibility to remake parking for 14 full seats)
• Additional services: reception, breakfast hall, sauna and Jacuzzi, laundry.
• There are 2 separate apartments.
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ADDITIONAL INFORMATION
• For sale with all existing equipment and furniture.
• The possibility of continuing activities without interruption is the existence of reservations, customer base and earned name.
• Documents and financial indicators shall be agreed.
For information and inspection, please contact: Ingrida
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