Description
The property is a 5-storey office building with an area of 2,300 m².
There is a permit for reconstruction and turning into a 4-star hotel (about 40 rooms) with a restaurant, a spa area, a co-working area, a roof-top garden, a terrace.
The estimated costs for reconstruction and building status change are 3,500,000 euro.
The expected annual income (rent) is 900,000 €.
The expected income of the hotel is 2,500,000 €.
There is a potential tenant (famous hotel chain).
Brokerage fee.
The property is located near a railway station.
Lazio is one of the 20 administrative regions of Italy. Situated in the central peninsular section of the country, it has 5,897,635 inhabitants – making it the second most populated region of Italy. The capital of Lazio is Rome, which is also Italy's capital and the country's largest city.
Approximately 73% of the working population are employed in the services sector; this is a considerable proportion, but is justified by the presence of Rome, which is the core of public administration, banking, tourism, insurance and other sectors. Many national and multinational corporations, public and private, have their headquarters in Rome.