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Hotel for sale

£866,626

Bucharest, Piata Victoriei, Romania Property ID: 20077399

Property description

We offer for sale a 3 star Apart Hotel located in the hart of Romania capital Bucharest. Situated in Victoriei square only 5 minutes form the Government Palace and 7-8 minutes from the Bucharest North train station, the hotel has a total of 8 units divided in to 5 double studios and 3 one bedroom apartments.
With 85% ocupation rate yearly, the hotel generates between 9-11000 Euros/month.
There is the posibility to improve the hotel and increase revenues by adding a Skybar on the top floor.
Opened since 2007, the hotel is well known in the city due to its remarcable location, offering immediately acces to the most important objectives in Bucharest.
Even if is a 3 star hotel, the services and confort provided recomend it for a 4 star rate.
Ave Hotel Victoriei is one of the 2 Ave Hotels in Bucharest.
For more information don't hesitate to contact us.