luxury hotel for sale Formia, Italy

Elegant and renowned beachfront hotel with 54 rooms, restaurant, sea-view terrace plus private beach and tennis court for sale just 3 km from the center of Formia, a town in the province of Latina, in the center of the Gulf of Gaeta. Description The imposing hotel, with as much as 4391 square meters of total interior space, is located within a historic building built by Amedeo Bordiga. It has five levels, including a basement and four floors in height. All areas of the hotel are connected by both stairs and elevator and freight elevator. The basement is partially used as storage and warehouse and houses cold storage rooms, boiler rooms and drinking water tank rooms. In the other part is direct access to the beach by elevator and stairs, complete with changing rooms for customers and toilets. On the ground floor are the lobbies, lounges, offices, toilets, large dining room with sea view with terrace with canopy, a small private dining room with fireplace, kitchen and pastry rooms, dishwashing rooms, and finally the office and toilets for staff. The first, second and third floors house the sleeping areas housing the 51 bedrooms with en suite bathrooms, as well as linen storage rooms. On the fourth floor are three spacious rooms and a large conference meeting room with a terrace that runs all around and offers a breathtaking view of the Gulf of Gaeta. Outdoor spaces The hotel is accessed via a driveway that skirts the large private garden of about 700 square meters embellished with tall trees, the tennis court and direct access to the private beach. The property has 785 sqm of terraces that allow for breathtaking views of the sea in front. Condition and finishes The 3-star hotel is in good condition with the business fully up and running. It needs some renovation and modernization work to make it a 5-star luxury resort. Potential uses This is an excellent investment opportunity to increase the business already excellently established by the owner family. Location Formia is very important from a strategic point of view, not by chance it was chosen by the Romans as a point of passage for the Via Appia. The property is just 3 km from the town center where all the main services are located, about 20' from Gaeta and 30' from Sperlonga, Italy's most beautiful village. Naples and Rome, with their respective airports, are an hour and a half and two hours' drive away, respectively.Of particular importance is the port of Formia, a short distance away, from which regular ferries depart for the islands of Ponza and Ventotene.