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Hotel For Sale in Salvador, Bahia Brazil Your Opportunity For Retirement In Paradise! Brazil!!! Asking Price: 1,275,000 € (Negotiable) Be a part of the BRIC movement! This 6 story building gives the new owner several options and flexibility for use. Located in the touristy neighborhood of Barra, the building is just 20 meters from World famous Porto da Barra beach. Barra is experiencing a major momentum in revitalization. Barra's latest luxury pre-construction building being built across the street, consisting or 4 towers and 175 condominiums, nearly sold out in 45 days.(Condos are now reselling for R$600-R$700,000 each). Purchasing this building includes a 35 room Hostel Business with excellent occupation rates and good profitability, plus 2 other retail commercial spaces, one of which is 85 sq mtrs and ideal for a restaurant, 5 office suites and an income producing Cell Phone roof Antenna. The elevator services all floors and there is underground parking for 7 cars.
Originally built as a Hotel, all of the rooms are individually metered for electricity and all have a private bathroom with shower, most have been updated, which would allow you to convert the entire building into hotel use if so desired or be kept as a multi- function building. The location is prime, giving you endless possibilities, this is where the Carnival Route begins, making this the most strategic place in Salvador. Your clients have everything they could possibly need all within walking distance such as beaches, restaurants, supermarkets, travel agencies, banks, ATM's, a shopping mall and major bus stops. The price includes the Hostel Business and all the personal property to operate. Includes Piano, Pool Table, and all gaming tables in the game room. This is an excellent investment and a chance to prosper in one of the most beautiful and welcoming places in the world, Salvador Bahia.
There is also a possibility of building an apartment on top of the building with breathtaking views over the Bay and Itaparica Island. Please contact Cesar for more pictures, income statement and information. We speak English, Spanish and Portuguese.
The property is also unique in that all of the rooms and retail stores are individually deeded. So if you like you have the flexibility to sell a room or rooms individually. There are a total of 45 deeds for the building, thats 40 rooms and 5 retail stores. We also have a very well known and trusted Real Estate lawyer who we have used in the past who has the experience and can handle this transaction. We live in the USA and Brazil and are willing to do the transaction in either US Dollar, Euro or Brazil Real.
I believe this property has tons of potential, unfortunately due to personal unforeseen circumstances we must sell.
Grossing over R$200,000 just in Carnaval week alone
1,281.87 m2 including garage
New 102 Meter Deep Water Well Saves on water bill
12 Employees
Employee Break area
2 Employee Bathrooms
Income producing roof antenna
2 rented commercial spaces
5 Rented Office Suites
Ready to receive guest for the 2014 World Cup
And now the Olympics in 2016
 | | About This Property | |
| Category: | | Hotels | | Address: | | Salvador
Bahia
Brazil | | For Sale By: | | Owner | | Construction Year: | | 1983 | | Area: | | 1,282 m2 | | | Bedrooms: | | 40 | | Bathrooms: | | 48 | | Sleeps: | | 150 | | Stories: | | 6 | | Parking Spaces: | | 7 | |
| | Features - Amenities | |
| - Furnished
- Appliances
- Pet Friendly
- Maid's Quarters
| | - Maid's Bathroom
- Laundry Room
- Studio Room
- Gym/Spa
| | - Balcony
- Terrace
- Patio
- Ocean View
| | | Pictures (click to view a larger image) | |
| | Contact - More Information | |
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