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Luxury 5 Star established all-inclusive beachfront hotel for sale in Side, Antalya – with a rich history, this 250 room hotel is a cornerstone of tourism in the area and has grown to become a part of the history of Side in the last 10 years since first being built.
- 250 bedroom hotel fully furnished 10 years old
- Beachfront location with private beach access
- High occupancy rate year round 85-90% average
- More than 30 million tourists headed to Turkey last year
- Financially proven to pay back within 8-10 years
FACILITIES & LOCATION
About the hotel and facilities:
The 5 Star hotel has 250 rooms in total inside, all rooms are equipped with everything you would expect of a luxury hotel nowadays: AC, TV, safe box, minibar, telephone, hairdryer, private bathroom with bathtub, and luxury Hilton furniture throughout.
Facilities found within the hotel resort include: a large swimming pool, indoor swimming pool, 2 small children’s pools, an on-site restaurant, and much more including a private beach at the front for guests of the hotel only.
The hotel occupies an impressive 12,500m2 of land and was built only 10 years ago, the title deed is freehold.
Location of the hotel:
Located directly at the seafront on Side beach, the hotel is found 15km away from Manavgat and within 45 minutes driving distance to the nearest hotel. Nearby transport links provide easy access to Antalya and other landmarks in the region that attract tourists and holidaymakers.
Why invest in Antalya:
Antalya is a working city – this region does not sleep for half of the year unlike its neighbouring regions. Antalya is bustling and rife with life year round – this means that your hotel would benefit from higher occupancy rates than in other regions of Turkey, a study shows that the average hotel in Antalya has an occupancy rate of 85.8% per year, the average occupancy rate of this hotel ranges between 85-90% on the last 3 years alone. Antalya is also a business city, one of the biggest in Turkey, a lot of businessmen travel through Antalya on a daily business, making this hotel well placed to capitalise not only on the tourism market, but the business market also.
Tourism in Antalya:
Last year, more than 30 million tourists visited Turkey, a growth of more than 3 million on the year before – more and more tourists are choosing luxury exotic holidays in Turkey over traditional spots such as tired Spain or France. Turkey offers a fresh, different holiday for families seeking their yearly two-week break in the sun. Statistics show that 30% of all tourists who head to Turkey, head to Antalya – with numbers steadily increasing year on year.
Why choose this hotel:
We have completed a financial analysis that shows that with careful management and a diligent strategy in place, it is financially proven that this hotel could recover your total original investment within 8-10 years, well below the national average 14 years it takes to recoup your investment when buying a hotel in Turkey. This hotel is a respected, historical, and elegant choice for the investor. With 5 Stars already in place, a successful business model already proven, a high occupancy rate throughout the years – there is no reason why, under new ownership this hotel would not continue to be the roaring success it has been for the current owners.
Note: For due diligence and an expert report and analysis from our investment team in Antalya, please contact us.