175 Keys Four-Star Hotel in Malta For Sale
Location: St Pauls Bay/Qawra, Malta
Name: TBA
No. of Keys: 175
The Location: Qawra Promenade is a very popular tourist resort having numerous shops, bars, clubs, restaurants, water sports facilities, the National Aquarium, a casino, cinemas, sandy & rocky beaches, a bus terminus and much more.
The entertainment in the local town goes on till the early hours of the morning, offering an exciting experience focused an all age groups.
After a good meal a stroll along the beautiful promenade is great where one can see St. Pauls Islands, a bay where local fishermen leave their colourful boats and the lovely breathtaking sea views of this locality. The hotel is 1KM from the beach
The Property: The property is set on 1.9 tumoli (23,000 sqf) of land, with 175 rooms. The hotel has a lounge bar/cafe, large restaurant, outdoor and indoor pools, fitness area, roof-top sun terrace, 3 meeting/conference rooms holding upto 200 people.
The hotel was built in 2004
The hotel is open year-round. RD
Main Photo: The beach at Qawra
Tenure: Freehold
Brand/Management: Open to purchaser
Current Owner: Private company
Guide Price: €22m
Guide Price per Key: €125k
Financials: Available once LOI/NDA is signed
Agent: Local partner in partnership with THPT
Date Posted: November 2019
THPT Comment: A fab opportunity to acquire great size, well located hotel, 1km from the beach, in Malta, with open country views, with a strong leisure business from tour operators from within Europe.
Contact us for further information
This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”
Each fortnight we mail the opportunities posted that week, but check-out the tab “Hotels Available” and call us for details of “Under the Table” – deals not posted on the site at all
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.
MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.