🏨 Real Estate Listing: Hotel for Sale with Development Potential 🏨
Sousse Corniche

🏨 Real Estate Listing: Hotel for Sale with Development Potential 🏨

Location: Located just 15 km from the Monastir International Airport, 1500 meters from the city center, and in close proximity to the Medina of Sousse, the Sousse Hotel is ideally situated on the beautiful old corniche of Sousse, facing the sea. This property is on urban land, offering significant potential for a real estate project.

Property Description:
The hotel features 45 rooms, including 3 junior suites and 8 connecting rooms, spread across 4 levels, all accessible by elevators.

Project in Figures:
Acquisition and Property Development Phase:

Property acquisition price: 3,400,000 TND
Construction costs: 1,488,000 TND
Engineering fees: 49,000 TND
Marketing fees: 150,000 TND
Total project cost: 5,000,000 TND
Resale Phase:

18 sea-view apartments of 35 sqm each: 2,340,000 TND
23 apartments of 36 sqm each: 2,649,600 TND
4 apartments of 70 sqm each: 896,000 TND
3 apartments of 55 sqm each: 528,000 TND
1 apartment of 150 sqm with a garden: 420,000 TND
18 underground parking spaces: 450,000 TND
1 restaurant of 380 sqm: 950,000 TND
Total project revenue: 8,233,600 TND
Activities and Services:
The hotel offers a private beach area just 100 meters away, complete with thatched huts. It also provides bicycle and car rental services, excursions, and sea outings. The Kantaoui Golf Course (18 holes) is just 5 km away.

Investment Opportunity:
For investors looking for rental income, there is an opportunity to transform this property into a business center, with an estimated annual rental yield of 396,000 TND, providing a solid annual return of 12%.

This property offers exceptional development potential in a strategic location. For further information or to schedule a viewing, please contact us at [Insert your phone number] or via email at [Insert your email address].

Don't miss out on this unique opportunity to invest in real estate and development while enjoying a strong rental return.