Closed 100-Room Hotel Available For Sales in Vibo Valentia, Italy

Location: The hotel is set on the steep coast of the Gulf of Sant’Eufemia just in front of the Aeolian islands, in Vibo Valentia, Reggio di Calabria, Southern Italy

Name: Was Hotel San Leonardo Resort – four star

No. of Keys: 100…some scope for more

The Property: The hotel, built in 2002, was a vibrant part of the Vibo Valentia tourist scene until 2015 when it closed. The area is renowned for it’s occupancy in the summer season and year-round – home of The Affruntata at Easter each year.

The hotel had 100 rooms, 5 conference rooms to take upto 350 pax, panoramic restaurants with 400 covers, 2,500 sq. mtrs of terraces.

The scope exists to add a major Spa and maybe more rooms/villas. The plot size is 47,500 sq. mtrs, with a covered surface of 14,000 sq. mtrs.

Hotel operating licence is still functional and included in the price.

In the middle of the southern heart of the Region of Calabria, south of Cosenza and north of Reggio Calabria, Vibo Valentia is a little peninsula on the Tyrrhenian Sea. Its roots are lost in Antiquity; a city of culture, it offers beautiful, untamed places alive with history.

The Province includes 50 municipalities and extends over the Tyrrhenian coast and through the Serre Mountains, including the great farm district of the Poro plateau. Vibo Valentia was originally the Greek colony of Hypponion until 192 AD. The province was established in 1992 and owes its charm to the cobalt blue sea and the verdant plateaus backdropped by the Serre Mountains.

The Gulf of Sant’ Eufemia to the north and the Gulf of Gioia Tauro to the south are surrounded by hills and mountains. The pure natural landscape has been cultivated only by the hands of local farmers. Vibo Valentia’s spectacular panoramic views span from orderly, yet shady olive groves and scented cornfields to orange and lemon groves offering their aromatic fruits all year long. Imagine, if you can, the hillside vineyards, oscillating cane fields blown by the sea breeze, and the amazing scent of flowering orange blossoms during hot summer nights.

As one moves place to place, it is easy to make one charming discovery after another. For instance, the Costa degli Dei, a rugged coastline full of rocky inlets and sandy spot. The hinterland is dominated by the Serre Massif, and by forests thick in conifers, beechwoods, brooks, wide valleys and green plateaus.

Main Photo: The hotel pool with sea-view

Tenure: TBA

Brand/Management: Flag-free

Current Owner: Private family

Guide Price: €3m as is…allowance for full refurb required

Agent: Leading Properties in partnership with THPT

Date Posted: August 2019

THPT Comment: This is a great opportunity re-build and develop a new resort and conference hotel in this delightful area, in the South of Italy.

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.