Location: Menorca, Spain
No. of Keys: 70, accommodating 274 pax…two star; 193, accommodating 393 pax…three star; 164, accommodating 343 pax…four star
The Opportunity: The three resort aparthotels, owned by the same family, suit the full budget range, at 2,3 and 4 star standards. Each resort has bars and restaurants, pools and beach access.
Two of the resorts are adjacent on the mid-North coast and the other on the South-West tip of the island of Menorca. BI
Main Photo: One of the three aparthotels in Menorca
Current Owner: Private family, due to retire, offering flexible purchasing terms
Agent: Local agent in partnership with The Hotel Property Team
Guide Price: €70m
Guide Price per Key: €164,319
Date Posted: August 2020
THPT Comment: This is a delightful collection of three aparthotel resorts, with scope for upgrade.
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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.
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.