Business Description
This is a fantastic opportunity in Florence historic center, proposed at a reduced price.
It is a historic residence that has been at the center of the aristocratic life of Florence for over five hundred years;
It is one of the oldest residences in the historic center of Florence and recognized as an important symbol of the history of the city and its artistic value.
The structure is spread over three floors with a total area of 5000 square meters.
It currently features twelve suites, with an overall potential increase of twenty-three rooms.
The Renaissance style characterizes the building, enriching the rooms with splendid frescoes and decorations typical of the time, statues& paintings in the common areas.
The renovation work that took place towards the end of the eighteenth century by a well-known Florentine architect, saw the expansion of the interior spaces and the reconstruction of the facade.
This beautiful building, a few steps from the major points of interest in the city,
The splendid terrace offers a unique panoramic view of the city.
TOTAL SURFACE AREA 5.000 MQ
ROOMS 12 SUITES ( Can be extended to Max. 23 Rooms ) ,TERRACE BAR, MEETING ROOM AND RECEPTION, COURTYARD, CELLARS
Market Price: € 35.000.000
Requested price € 30.000.000
FULL AUTHORIZED HOTEL CONVERSION PROJECT.
The hotel project was authorized by the competent local authorities, within a new tourist market which, due to recent regulations, it has seen the blocking of new hotel licenses. The transformation plan includes twenty-three rooms.
One of the last hotel in historical center of Florence, as from 1 January 2023 in the historical city center of Florence they don’t give anymore the hotel license.
Just a few steps from the most important interesting points in Florence.
With a renovation plan and with an estimated cost of 7 mil you obtain one of the most new luxury hotel in Florence.
If the investor wishes to use the services of an “Hospitality Management & Investment Company” based in Florence, they can manage the hotel or collaborate with an international operator Brand, and they can obtain an average of 500€ per room / night.
