Hotel for sale in Sao Paulo City Center. 92% Occupancy Rate

$26,000,000
Published date: June 13, 2016
  • Location: Center, sao paulo, sao paulo
Brazilian Hotel for sale in the heart of Sao Paulo

-Annual occupancy rate: 92% from January to January.

-4 stars

-Next to 3 metro stations.

-Panoramic view is permanent, in front of the oldest park in the capital. Best air quality in the city of São Paulo.

-102 apartments and 2 presidential suites, with plenty of natural lighting in a modern and cozy atmosphere.

-All apartments have laminated flooring, dining table, refrigerator, air conditioning, electronic safe, TV with 29 inches.

-4 event rooms with capacity for 260 people.

-Spa, Lobby bar and restaurant with capacity for 150 people.

-Parking for 150 cars.

The value of the hotel is US$ 26,000,000.00 and it can generate an income from 1.4 to 1.7% on a monthy basis. This value includes the building,evaluated right now at R$ 67.000.000. Land Area: 2.537,35m2. Built area: 11.900m2.

Regular monthly revenue - US$ 375,000 (calculated with US$ 1 / R$ 4 at the time) - is due to frequent guests (especially Koreans and Japanese ) that operate commercially in the surroundings. The revenue can be increased with sales from services outsourced now ie restaurant, events, parking. The owners are not from the hotel business and don´t want to deal with it any longer. If the buyer is able to work directly, the revenues of these business's can be higher. There is also 30% calculated on the revenues that are paid to a group that administrates the hotel, expense's that also could be also eliminated with direct administration.

So it is possible to increase revenues from the outsourced services (restaurant, events, parking) and the elimination of 30% as administration payment.

The owners are partners in a trading co. and they no longer wish to operate a hotel,that is not the core of their business.

Please contact me for more details and click on this link to see more hotels for sale in Brazil;

http://brazilbeachhouse.com/Properties+for+sale/Hotels



Mike Smith

Professional Real Estate Broker in Brazil

Website; http://www.brazilbeachhouse.com/

Cell; 55 84 99993 8936 / whatsapp

Skype; mikebrazilbeachhouse
Units: 102

Contact seller Share

Related listings

  • Four Star Hotel And Spa
    Four Star Hotel And Spa
    Euro €8,500,000
    Hotels for Sale Costa del Sol (Andalucia) August 17, 2018
    This is an outstanding opportunity to acquire a charismatic Spanish hotel designed in Andalucian style, and located in a high quality area of the world famous Costa del Sol. The property has 89 rooms and is only a short walk to the beach, a short dri...
  • Spain 5 star Aparthotel and Spa
    Spain 5 star Aparthotel and Spa
    Euro €6,500,000
    Hotels for Sale Costa del Sol (Andalucia) August 17, 2018
    This property is a 5 star aparthotel and spa located on an 18-hole golf course and only 100 metres from the beach and marina. It is only a short drive to the international holiday town of Marbella and Puerto Banus There are presently 94 suites in thi...
  • Spain Costa del Sol 3 Star Hotel
    Spain Costa del Sol 3 Star Hotel
    Euro €26,500,000
    Hotels for Sale Benalmadena / Torremolinos (Andalucia) August 17, 2018
    Located in the most popular resort on the Costa del Sol this 11 storey hotel has in excess of 400 rooms and was constructed in 1974, over the years it has been renovated in several phases with an extension, additional facilities and the renewal of fu...