3-Star Hotel for Sale in Montepulciano, Near the A1 Highway Service Area

For sale: 3-star hotel of 960 sqm in Montepulciano, with 27 rooms, 5,025 sqm courtyard, and 14,845 sqm land. Well-established business with excellent annual income. General Description: We offer for sale a 3-star hotel located in the service area of the A1 Highway, in the Montepulciano Est area, northbound. The property, with a total surface area of 960 sqm, is surrounded by a 5,025 sqm courtyard, partly used as a garden and partly as a parking area, along with 14,845 sqm of agricultural land. The hotel has direct access from both the A1 service area and Via Pavia, providing convenient access for guests traveling along the highway or from the local area. The hotel, spread over four floors, features 27 comfortable rooms, along with various service areas required for the operation of the business. The building was fully renovated in 1997, with new electrical and plumbing systems, as well as new floors, coverings, sanitary fixtures, doors, and facades. Interior Description: The ground floor consists of a reception area with bar, a well-equipped kitchen, a management office, a bathroom, a breakfast room, a laundry room, a hallway, a storage room, and three guest rooms with private bathrooms. There is also a large garage for guests' vehicles. The upper floors house 8 rooms per floor, each with a private bathroom. The entire structure is equipped with Wi-Fi connectivity, and the hotel is fully air-conditioned, with natural gas heating, a fire prevention system, an alarm system, and climate control throughout the building. Exterior Description: The hotel is surrounded by a 5,025 sqm courtyard, partly landscaped as a garden for guests' relaxation, and partly used as a parking area, providing convenient access for guests traveling by car. The property also includes 14,845 sqm of agricultural land, which can be used for various purposes, such as expanding the structure or agricultural activities. Uses and Potential: The hotel business has been operational for around 10 years, with a loyal customer base consisting mainly of tourists and travelers passing along the A1 Highway. Its strategic location near a major transportation route ensures a steady flow of guests, making this property an excellent investment opportunity with strong annual revenues. All systems are up to code, including those related to fire safety, hygiene, and guest and worker safety, allowing for the immediate continuation of the business. Local Real Estate Market: Montepulciano is one of Tuscany's most renowned tourist destinations, known for its charming historical appeal and prestigious wines. The local real estate market is highly dynamic, with strong demand for well-positioned hospitality businesses such as this hotel. Property prices for commercial and hotel properties in the Montepulciano area range between €1,500 and €2,500/sqm, depending on the condition and features of the property. Tourist and Historical Information: Montepulciano is famous worldwide for its Vino Nobile di Montepulciano and its charming medieval historic center. Main attractions include Piazza Grande, the Cathedral, the Town Hall, and the renowned underground wine cellars, which attract thousands of visitors annually. The proximity to the UNESCO-listed Val d'Orcia and nearby cities like Siena and Pienza further enhances the tourist appeal of this area. Distances: Montepulciano Historic Center: 10 km Valdichiana Outlet Village: 8 km Pienza: 25 km Siena: 65 km Florence: 110 km Arezzo: 50 km Florence Airport: 115 km A1 Highway (Valdichiana exit): 5 km Chiusi Train Station: 30 km Lake Trasimeno: 35 km