4-Star Hotel for Sale in Bibione, Italy

This listing presents a well-established 4-star hotel situated in Bibione, a popular seaside resort in Italy, approximately 90 km from Venice. The property boasts a prime location within easy walking distance to the beach. Constructed in 1970, the hotel has undergone significant renovations, with major updates in 1985, 2002, and more recently between 2015-2019, including boiler replacement in 2013 and swimming pool renovation in 2014. It features 48 guest rooms plus a 120 sqm owner's apartment, offering accommodation for up to 91 beds, with potential to increase capacity to 130. The hotel includes an outdoor swimming pool, a garage with 34 parking spaces, and additional outdoor parking. Currently operating seasonally for 4-5 months (May-September), there is potential to extend operations to include private events and holiday periods. The customer base primarily consists of families from Germany and Austria (60%), complemented by Italian and other European guests. The property offers an opportunity for expansion, with potential to add 510 sqm of floorspace for increased capacity and a wellness area, supported by a preliminary feasibility study. An outstanding loan is present, with the possibility for the buyer to take it over. The asking price is 4,500,000 EURO, negotiable.