🏨 Hotel for Sale – 61 Rooms – Near Montpellier South, Hérault (34), France

TND 9,274,083

📍 Location: Near Montpellier South – Hérault (34), France
💶 Price: €2,600,000 net + 5% buyer fees
📏 Usable area: approx. 1,000 m² on a 2,579 m² plot
🔑 Rooms: 61 rooms over 3 floors
📌 Reference: P
✨ Hotel Features

Fully equipped hotel with 61 rooms, ideal for business travelers, workers, and tourists.

Excellent accessibility via the nearby highway.

Major renovations completed in 2018:

Façade

Parking areas

Windows and doors

Expansion of usable space

Electric vehicle charging stations

Current occupancy: 55–60%, with significant growth potential.

📊 Investment Opportunities
1️⃣ For Property Developers / Real Estate Traders

Potential to convert the hotel into apartments, studios, student housing, or coliving units.

Estimated gross margin after resale: ~€1.5M

2️⃣ For Buy-to-Let Investors – Long-Term Rental

Estimated annual rental income: €366,000

Gross yield: 14%

Net yield after operating costs: ~9%

3️⃣ For Investors – Short-Term Rental (Hotel/Airbnb)

Average nightly rate: €55

Occupancy: 60% (~219 nights/year)

Annual revenue: approx. €733,395

Net yield after costs: approx. 15%

✅ Why This Hotel is an Ideal Investment

Strategic location near Montpellier.

Modernized property with reduced future maintenance costs.

Flexible investment model: resale, long-term rental, or short-term hotel operation.

Attractive return above average for the South of France.

📌 Note: A Letter of Interest (LOI) is required to access the full dossier and financial details.

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