Hotel in Milan, Italy, 20 000 m²

Italy. 4-star hotel in Milan with 310 rooms. This is a brand new 4-star hotel with 310 rooms, opened in Milan in 2019. The hotel is ideally located near three main sources of customers for the Milan hotel market: the two Fiera Milano exhibition halls and Convention Center (which provides high occupancy on weekdays) and the famous San Siro Stadium and Sports complex (which provides high occupancy on weekends). The hotel has direct access to public transport thanks to the newly built extension of the metro line, which directly connects the hotel with the center of Milan. The hotel has excellent transport links due to its convenient connection to the motorway network, which allows you to quickly reach both international airports in Milan. There are 144 parking spaces on site, including 114 indoor parking spaces and 2 outdoor parking spaces for buses. This area of Milan is undergoing major transformations, with several major real estate projects underway, such as the grand new San Siro Stadium project (worth 1.2 billion euros), the Hins Ex Trotto renovation project (150,000 square meters and 36,000 square meters of residential buildings) and the Teatro delle Terme project, which includes The largest thermal baths in Italy will be built next to the San Siro Stadium in 2022. The center of gravity of Milan is shifting to the west. The hotel has been completely renovated and is now a 4-star hotel and above with 310 rooms. The hotel, attractive to both business and leisure travelers, has unique competitive advantages, such as the attractive Oasis Pool with a cozy outdoor pool and a children's pool, located in large landscaped areas. The hotel also has 2,500 square meters. m of meeting and event facilities (the largest in the area), as well as a luxurious spa and wellness center with views of the Alps. With 85% occupancy combined with one of the strongest booking systems in the world, the hotel enjoys a strong brand. Current capitalization rates range from 4% to 6%. 2 spa restaurants with an area of 370 sq. m. m Offer price: 100 million euros. Currently, the hotel has an 18-year contract; however, it is possible to negotiate the termination of the contract with the operator. We will sell your apartment or house. There are apartments and houses to choose from in various budgets, including commercial real estate.