Four Star Hotel in Lugano, Switzerland For Sale Off-Market

Location: Lugano, Switzerland

Name: TBA

No. of Keys: 98

The Property: This four-star hotel was renovated in 2014. It’s 98 rooms are built on six floors, with a roof-garden that houses one of the hotel’s two swimming pools.

The commercial surface is 6,360 sq. mtrs; there are 36 parking spaces; room-sizes go from 25 sq. mtrs (classic rooms) to 35 (superior) to 50 (family rooms); there is a main restaurant that seats 70, with bar plus a breakfast room; a conference room of 55 sq. mtrs. a Spa with solarium and sauna.

Lugano is a city in southern Switzerland’s Italian-speaking Ticino region. Its Swiss-Mediterranean mix of cultures is closely related to that of Italy’s northern Lombardy region. This mix is reflected in its architecture and cuisine. The city stands on the northern shore of glacial Lake Lugano, surrounded by mountains. Its main square, Piazza della Riforma, is ringed with pastel-coloured, neo-classical palazzi.

Main Photo: The roof-top pool at the hotel

Tenure: Freehold

Brand/Management: Flag-free

Current Owner: Private family

Guide Price: CHF 18.5m

GP per Key: CHF 188,776

Agent: Immocasa Inn in partnership with THPT

Date Posted: August 2019

THPT Comment: This is a great hotel for sale, off-market, at a realistic price offering a 5% yield.

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.

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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.