Best place for investors – East Europe

Two new opportunities: business – Hotel in Riga, Latvia (East Europe). there is great Hotel already in operation since 2004 right in the center of Riga, Latvia. It is fully …

Two new opportunities: business – Hotel in Riga, Latvia (East Europe).

there is great Hotel already in operation since 2004 right in the center of Riga, Latvia. It is fully serviced hotel with 73 rooms, 3 meeting rooms, 1 restaurant, reception and the Lobby Bar under a glassed sky connecting both buildings of the Hotel, sauna with mini pool, terrace on the roof, up to 50 vehicle and 1 bus capacity parking lot. Total area: 3’900 sq.m. and 849 sq.m. land plot. www.cityhotel.lv

Advantages:

* completely renovated (year 2004) historical ART NOUVEAU buildings

* located right in the business and cultural center of Riga, within a walking distance to the Old City

* 4 stars level – small improvements are necessary.

According with our company’s business strategy we decided:

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  1. to sell our Hotel+ business to the international brand (due to the global crisis we are able to ask very low price);

or

  1. to cooperate in the development and operation of an hotel to be identified by the world’s trademark and to be operated in accordance with international reputation (lease or management agreement).

 

2) one more opportunity – it is one of the best and largest new real estate development projects in the heart of the Riga, Latvia – “Multifunctional Center Riga” (more than 90’000 sq.m.) There are going to be 2 buildings of apartments (33’000 sq.m), one Office building (8’000 sq.m.) and 5 stars Hotel building (49’400 sq.m.). 

Description of the hotel’s building – 7 storeys building for 5 stars Hotel; rooms are starting from 36.5 sq.m; 162 rooms; basement parking for 120 vehicles; meeting rooms 450 sq.m. etc.  

All building works of that MultiCenter was started in the begining of 2008 and now the basement of Multifunctional Center Riga (total area 48’000 sq.m.) is going to be finished. Due to the global crisis all building works were quite slowly, but if you would be interested in that building as your future Hotel then we could be able to cover all necessary building and documentation works in accordance with your business plan. 

We believe that this building is the best for an acquisition as future Hotel in Latvia!

If you find our business ideas interesting please feel free to contact me anytime for further negotiations !

Best regards,

Mr.Andrejs

(+371) 26537571

 

 

 

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