Ref: HS1195321

Ovacik Apart-Hotel

GBP £1,000,000

  • Hotel (Resale)
  • 58 Bedrooms
  • 58 Bathrooms
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About the Hotel

  • Property: Hotel (Resale)
  • Bedrooms: 58
  • Bathrooms: 58
  • Receptions: N/A

A unique opportunity for the serious investor to own this busy hotel which is located in the popular tourist resort of Ovacik, Olu-Deniz, Turkey.

Features

Key selling points:

* Excellent location
* Popular tourist destination
* High level of construction finishing
* Fully operational
* Fully booked for 2008 and partially booked for 2009
* Selling as a going concern


The location:

Situated on a high plateau 4km from the coast and surrounded by stunning mountains, the once sleepy villages of Hisarönü and Ovaçik have now combined to create a lively resort which has a distinctly British atmosphere.

The village is full of bars, restaurants and shops. This is certainly the place to haggle for any imitation designer gear. The cool mountain air can be quite a relief after a day in the sun and there is plenty to do in the evening.

The resort is located a few minutes walk from the local shops, 15 minutes walk from Hisaronu town centre, which boasts an array of shops selling bargain designer gear and local souvenirs, numerous bars & restaurants and a weekly open-air bazaar. Close by we find Olu-Deniz beach, which is famous for its spectacular Blue Lagoon and beach area. The Aqua Park is just a 2 minute drive away with courtesy pick-up service provided.


The Hotel:

Ovacik Apart-hotel is a small and friendly family run hotel that ensures great pleasure and an enjoyable holiday to all his guests.

The three blocks composing the hotel are divided in one or two bedrooms apartments and en-suite rooms for a total of 58 beds. On top of this there is a luxury penthouse apartment for the owner dwelling.

All apartments & rooms are fully furnished with new modern furniture, fixtures & fittings plus in-room safe boxes and new air-conditioning system throughout. Satellite system installed for TV channels. High speed Wireless internet and New ASUS PC with all necessary programs and hotel & restaurant documents installed

The complex was constructed in 2002 to a very high standard. Maintenance free new
PVC windows and doors to all buildings, the complex is very well maintained throughout and included in the sale price is all fixtures, fittings & furniture. The complex has its own furnished restaurant, swimming pool and leisure facilities.


The Investment:

The hotel is currently run by its owner that intends to sell it as an on going concern.

In the opening 6 months of this year the hotel has yielded over 7%. Detailed performance information is available after signing a LOI.

Plot Size: N/A

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Location

Beach

Activities

Watersports

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