Hotel for Sale in Montepulciano

Hotel for sale in Montepulciano, near the A1 motorway. Grand 3-star hotel with restaurant, pizzeria, 52 rooms, and extensive outdoor spaces. Contact us for more information. General Description: For sale is a Grand 3-star Hotel in Montepulciano, located near the A1 motorway and visible from it. The property spans a total area of 5,000 sqm, distributed over 1 basement floor, 4 above-ground floors, and an attic floor used as a technical room. The hotel includes a restaurant, pizzeria, and bar, along with a large parking area and 2 hectares of surrounding land. Interior Description: On the ground floor, there are the hall, reception, bar, breakfast room, restaurant, and pizzeria with about 100 seats, equipped kitchens, office, bathrooms, and a meeting room. The first floor has laundry and ironing rooms, staff rooms with bathrooms, changing rooms, storage rooms, and the manager's accommodation. The second floor has 20 rooms with en-suite bathrooms, parquet floors, and autonomous heating. The third floor offers 16 rooms, including double, triple, and quadruple rooms, all with en-suite bathrooms and air conditioning. The fourth floor, still unfinished, has 16 rooms with new installations and finished bathrooms. The fifth floor houses the boiler room, a 20 kWh photovoltaic system, solar panels for hot water production, and 2 heat pumps for sanitary water and the hotel's air conditioning. Exterior Description: The property includes a large parking area located partly in front of the motorway and partly on the sides and rear of the hotel. The 2 hectares of land offer the possibility of further expanding the facilities or creating green spaces for guest relaxation. Utility Details: The hotel is equipped with air conditioning, electrical, fire prevention, and heating systems, all compliant with current regulations. The property is sold fully furnished, including curtains, sheets, blankets, and more. Uses and Potential: The hotel is ideal for use as a hospitality facility for travelers passing on the A1 motorway, tourists visiting Montepulciano, and local clients. The presence of a restaurant and pizzeria makes the property suitable for dinners, lunches, and banquets. The sale includes both the management and the property, offering a secure and profitable investment. Local Real Estate Market: As of May 2024, the average price of residential properties for sale in Montepulciano is approximately €1,653 per square meter, with a 3.05% increase compared to the previous year. This makes property purchases in this location an interesting investment due to market stability and continuous demand for properties in the area. Tourist and Historical Information: Montepulciano is renowned for its vineyards and its Vino Nobile di Montepulciano, as well as its Renaissance architecture and thermal baths. Major tourist attractions include Piazza Grande, the Duomo, and the Palazzo Comunale. The town also hosts numerous cultural events and food festivals that attract visitors from around the world. Its strategic location between Florence and Rome makes it an ideal destination for tourists and travelers. Distances: Siena: 65 km Arezzo: 55 km Florence: 110 km Florence Airport: 120 km Rome: 180 km Rome Fiumicino Airport: 200 km Montepulciano Thermal Baths: 5 km Lake Trasimeno: 25 km Pienza: 15 km Val d'Orcia: 20 km