Hotel for sale in Hurghada –HADABA | #350

Hurghada is a highly popular tourist destination. About 6 mln tourists come here every year to enjoy the sun and sea. Thanks to all year round summer temperatures, all hotels have 100 % occupancy. Hence hotel industry became one of the most profitable business on the Red sea. Hotel investing provides you with several advantages: at first, you rent the rooms to tourists, secondly, you let the tourists use the bar and restaurants, thirdly, you rent the hotel shops and bazaars. This particular hotel is favourably located in El Hadaba district, right in the centre of Hurghada. This area encomprises several 4 star hotels and is very popular among tourists and businessmen.

Property Details

Price: $3,500,000 | Property Features
3950.00 m2 | 3 Floors | 90 Rooms
Built on 80 % of the land. 800 m2 for gardens. Arabic style. Front sea location. 12 shops. Public area. Swimming-pool of 150 m2. Sea view from all rooms
Panoramic view to Hurghada. Under finished.Water & electricity supplied. In the centre of Hurghada
Besides 4 and 5 star hotels. Licence for a 3 star hotel

Project Facilities

Restaurant and bar. On the main street of Hadaba. Business area (travel companies, banks, supermarkets).All papers registered by government

Payment Plan

The payment system is 100% when signing the contract.
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3,500,000 USD

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