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Hotel / Resort / Hostel #XSHTL51838

For Sale

Bugibba, Malta

  • Bedroom Icon 70 Bedrooms
  • Square Ruler Icon 1100 Sq M

€7,400,000

Ref: #XSHTL51838

Property Details

  • Property Type : Hotel / Resort / Hostel
  • Property Ref : XSHTL51838
  • Property status : For Sale
  • Price : €7,400,000
  • Bedrooms : 70
  • Bathrooms : N/A
  • Locality : Bugibba
  • Property Size : 1,100Sq M
  • Garages : N/A

Property Brief

Bugibba - Situated on a footprint measuring about 1,100 sqm in a sunny quiet road - a stone's throw away from the beach, restaurants, amenities, promenade, bus station etc. The 70 bedrooms are modernly finished, they enjoy a balcony/terrace, A/C & fully equipped kitchens with a total of 238 beds/sofa beds as follows: 1 x Studio apartment (sleeps 2) = 2, 6 x 1 bedroom apartment (sleeps 3) = 18, 19 x 1 bedroom apartment (sleeps 4) = 76, 9 x 1 bedroom apartment (sleeps 4) = 36, 10 x 2 bedroom apartment (sleeps 6) = 60, 1 x 3 bedroom apartment (sleeps 7) = 7, 3 x Hotel room (sleeps 2) = 6, 3 x Hotel room (sleeps 3) = 9, 6 x Hotels room (sleeps 4) = 24. PERMITS TO BUILD FURTHER FLOORS OF 10 UNITS WITH SEA VIEWS. OPTION TO APPLY FOR PLANNING PERMITS FOR FURTHER FLOORS ON ANOTHER WING OF THE HOTEL TOO. High occupancy level all year round thanks to the extremely high ranking on social media, ongoing tour operator contracts etc. Operational & popular hotel refurbished in 2016. Includes a rooftop restaurant; rooftop outdoor pool with terrace and sea views; heated indoor pool; multi-purpose hall; gym; sauna; mini-market; laundry (including industrial washers, dryers and ironer); self-service launderette (coin operated machines); 4 car garage/maintenance work area/store; plant room; emergency backup generator; power factor corrector; A/C Chillers; 2 Lifts; addressable fire alarm system throughout property; fire doors; CCTV system; back office & reservation system; pub etc.


Amenities

  • Air conditioning
  • Airspace
  • Lift
  • Pool
  • Pool
  • Roof Ownership
  • Sea View
Contact Info
Marianne Mifsud
Marianne Mifsud

[email protected]