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General overview
Description
Hotel for sale in the heart of Saranda, a city located on the southern Albanian Riviera, between the beautiful Ionian Sea and olive tree-covered hills. The property is located just a few meters from the coastline of the Ionian Sea, on “Skënderbeu” street, very close to Saranda’s green park, the archaeological center of a 5th-century synagogue, the sea port, “Hasan Tahsini” Boulevard along the coast, and “Naim Frashëri” promenade, etc.
The property is 7 floors + 2 basement floors, with ready infrastructure for installing an elevator. The building offers plenty of natural light and beautiful views of the area and the sea, due to its position and large glass facade. The basement, with its considerable space, can be utilized for services such as a casino, fitness center, pub, SPA & Wellness center including Turkish baths, massage center, jacuzzi, etc. The ground floor is currently leased short-term to a financial institution due to its strategic location. This floor can be organized for reception and various services such as a bar-café, restaurant, bank, etc. The first floor can also serve various services such as conference rooms, relaxation lounge, bar-café, etc. The upper floors offer the possibility and a project has been made for 40 hotel rooms + 2 suites. There is the possibility to also utilize the terrace, which offers beautiful views of the sea and the city, where a restaurant, Lounge & Bar/Music can be organized, ideal for lunches and summer dinners primarily. There is the possibility of parking around the building, and it has entrance and exit roads as well as adequate engineering infrastructure, etc.
The property for sale has a total area of 3111.6 m2 (of which 742.5 m2 are in the basement). There is the possibility to adapt it into a hotel with 42 rooms or more. It is sold unfinished, in its current condition.
The property can be used for a hotel, shopping center, educational institutions, offices, multifunctional building, etc.
With property ownership certificate.
=
22,298.17
€
/ per month
- Principal and Interest
- Property Tax
- HOA fee