300+ Room Hotel on it’s Own Island, Santo Stefano Next to Sardinia

Location: Santo Stefano, Archipelago of Magdalene North East of Sardinia, Italy. Olbia Costa Smeralda Airport is 45 km from the mainland (Palau)

Name: Santo Stefano Resort & Spa

Guide Price: €29.5m

No. of Keys: 360 – 51 of which are staff rooms

The Opportunity: The only hotel on this idyllic Mediterranean island. The resort has two beaches, one sand and the other gravel. Three tennis courts, water aerobics, beach volleyball, canoeing, diving, spa with sauna and turkish bath. Two bars and two restaurants. Around 17,000 sqm.

The main beach for the hotel

There is a frequent ferry service over to the mainland (Sardinia) DK

Main Photo: The Santo Stefano Resort

Tenure: Freehold

Flag and Management: Free of both

Current Owner: Small hotel group with resort hotels in Italy, Maldives, Egypt and Kenya

Agent: Local agent in partnership with THPT

Financials: Financials available – 5.5% yield

Guide Price: €29.5m

Price per Key: €95,469, excluding staff 51 rooms

Date Posted: May 2020

The secluded beach at the hotel

THPT Comment: A great opportunity to secure this great resort hotel on it’s own island!

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@thpt.co.uk.

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.