Global Business Network .com
Global Business Network .com

Business Opportunity / Portfolio Details


5 STAR HOTEL FOR SALE IN KADIKOY, ISTANBUL - TURKEY

Ref: S0038

Location: TURKEY

Sector: Tourism

Opportunity Type: Company Partnerships / Mergers / Sales

PROJECT SUBJECT:
We would like to present and share with you a fantastic investment opportunity we have carried out with one of our partners (close friend of hotel owner) and newly added to our portfolio.

Hotel Information Note:

Currently active 5 star rated hotel in the precious Kadikoy- Istanbul region, with 155 total rooms. 130 of the rooms are regular, and 25 of the rooms are suites. There is restaurants, a congress hall (1st floor) and common areas such as; spa, fitness, sauna, laundry, working rooms, etc. The hotel is 32,000 m2 in a closed area.

Directly next to the hotel there is 20 acres of public government registered land. This land is currently rented by the hotel and they hold the rights to purchase the land at a price below the current market price. This land can be integrated into the hotel’s activities if desired or it can be used for different commercial purposes (shopping mall, residence, etc).


PROJECT DATA:
Macro Financial Data:

Annual income & average daily room occupancy:

2015 : 5.2 million EURO - % 97
2016 : 3.7 million EURO - % 91
2017 : 3.6 million EURO - % 86


NEED & PROPOSAL:
Transfer/Sale Price:

The hotel owner’s transfer/sale price is around 130,000,000 USD (expectation). However, GNB has reported that we believe this price to be too high. In the case of a serious investor/buyer, we believe that the transfer/sale price is open to negotiation.

GNB has access to and holds the hotel’s financial feasibility and other important information. All documents and information will be shared with serious/interested investors (after the confirmation of an LOI). Further information will be shared after the due diligence agreement.


BENEFIT & SHARING:
GNB will receive 4.3 million USD total commission from the sale, and we will share this with the partner who finds the investor/buyer.


Portfolio Interest and Information Form
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Interest Statement:
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Information Request:
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