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The operating three-star hotel is located in one of the most popular areas of Antalya, just 300 meters from the famous Konyaalti beach.
The hotel was built in 2009 and completely updated in 2021. Due to its good location, developed infrastructure of the area and proximity to the sea, the facility is suitable for both resort and business tourism.
Main characteristics
Category - 3 stars
Year of construction - 2009
Complete renovation - 2021
Room fund - 29 rooms
Distance to Konyaalti beach - 300 meters
Standard rooms - about 20 m2
Improved rooms with balcony - about 28 m2
Outdoor swimming pool
A landscaped green area
Restaurant and breakfast area
Bar and cafe
Common lounge
Free Wi-Fi
Parking
Room fund
Guests are offered standard single and double rooms, as well as more spacious rooms with balconies. Depending on the category, double or separate beds are provided.
Rooms are equipped with air conditioning, TVs, minibars or refrigerators, safes and private bathrooms. In part of the rooms there are balconies or terraces.
Infrastructure and service
On the territory of the hotel there is an outdoor pool with a recreation area. The green garden creates a calm chamber atmosphere and can be used for breakfast, relaxation and small events.
For guests there is a restaurant, cafe, bar, breakfast area and common lounge. Daily cleaning, laundry, luggage storage, transfer and excursions are also offered.
Advantages of location
The hotel is located in one of the most attractive tourist areas of Antalya:
300 meters to Konyaalti beach;
nearby cafes, restaurants and shops;
convenient communication with the city center;
proximity to the promenade and city attractions;
year-round tourist and business flow.
Konyaalti is in demand not only in the summer. The mild climate, landscaped embankment and developed urban infrastructure allow you to receive guests almost all year round.
Investment potential
The facility is a ready-made hotel business in the prestigious coastal location of Antalya. Room stock with 29 keys, proximity to the sea, swimming pool, restaurant areas and renovation create the basis for stable operation and further development of the project.
Possible formats:
city resort hotel;
family boutique hotel;
Bed & Breakfast format;
accommodation of tourist and sports groups;
medical and business tourism;
transfer to the management of a professional hotel operator.
The main advantage of the facility is the combination of a resort location 300 meters from the sea with the infrastructure of a large city. This format is not limited only to the summer season and has the potential of year-round loading.
Critical calculation
29 rooms
The average price is $83 per day
Average annual load - 45%
Operating expenses – 60% of revenue
Hotel price - 1,715,000 €
Annual revenue:
29 × 365 × 45% × $83 = $395,350
Expenses:
395,350 $ x 60% = 237,210 $
Net operating income:
395,350 - 237,210 = $158,140 per year
At an indicative rate of 1 € = $1.17:
Net income is about 135,000 euros per year, or about 11,250 euros per month.
Profitability
135,000 € ÷ 1,715,000 € × 100% = 7.9% per annum
The estimated payback is 12.7 years.
Yield per year: 7.9%
Annual income: 338,000 EUR
Cash flow for the year: 135,000 EUR
Payback period: 12.7 years
Here, annual income is total revenue, and cash flow is the amount after the hotel’s operating expenses.
