Distressed Hotel Sale in Fortaleza-Brazil
High Rise Hotel for Sale in Downtown Fortaleza, one block from the famous boardwalk with 54 rooms.
Each room with 30m2 with total construction size of 3150m2.
The Brazilian owner wishes to relocate and is highly motivated to sell with an initial asking price of R$ 10million, less than 2 milion USD. This price is negotiable depending on conditions of purchase.
The hotel asset was operational up until the crisis hit in April and provides an excellent opportunity for a foreign investor wishing to position in one of the top 3 Brazilian cities for national/international tourism.
Fortaleza (the Miami of Brazil ) consistently comes top for hotel occupancy in Brazil. The city of close to 3 million inhabitants has direct flights to Europe and North America and is famed for its sunshine and fantastic beaches.
This Brazilian hotel for sale is located in the most upscale beach neighbourhood of the city in close proximity to the best restaurants,bars,shops etc.
Please contact me for more information on this excellent hotel investment in Brazil