Business and Seaside Hotel for Sale in Gammarth, Tunis, Tunisia
3,000,000 - 29,000,000 USD
(Negotiable)

Business and Seaside Hotel for Sale in Gammarth, Tunis, Tunisia

Seafront Hotel Located in Premium Area

Asking Price: 3,000,000 - 29,000,000 USD
(Negotiable)
Located in Tunis’s Gammarth area, the Hotel benefits from incredible visibility just steps away from the coastline and boasts direct accessibility to the city’s key demand drivers including Carthage historical site, La Marsa and Sidi Bou Said iconic village.

Gammarth area, boasts strong attributes attracting both leisure and business clientele, making it an all-year round destination. The Property represents the rare opportunity to secure a quality asset in Tunis northern suburb, a landmark destination with limited investment opportunities.

The hotel has been built in 2005, and opened its doors in 2006 for business and leisure and offers 201 rooms and 26 suites. It has 3 pools, 5 restaurants, 2 wellness centers and a large meeting and events space.

Initially the hotel was managed under the brand Mariott, and was built to Mariott Group standards.

The Hotel is among only 10 5-stars hotels in Gammarth touristic area.

30% of the surface of the land can be invested in real estate projects according to the new government initiatives.

Several extensions are possible to increase hotel capacity and space.

Possibility to strengthen the Hotel’s competitive advantage in the small corporate and leisure event market, by better event space and activity management.