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Hercules Bath - Hotel Diana Baile Herculane

€4,000,000

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Business
For Sale
Baile Herculane
Romania

Băile Herculane ( Hercules Bath) has an ancient history as a spa town , the area had been inhabited from pre-historical times, the legend has it that the mighty Hercules the half-god stopped in the valley to bathe and rest. During modern times, the spa has been visited for its natural healing properties: hot springs with sulfur, chlorine, sodium and other minerals, as well as negatively ionized air and it remained a very popular destination with Western Europeans, who lent the town a refined elegance. The surrounding mountains have a breathtaking beauty that attracts even today many local and international visitors and makes Baile Herculane a corner stone of the Romanian tourist circuit.

Hotel Diana, located on the top of a hill is an impressive building offering a fantastic view from the windows of its 200 rooms. On a piece of more than 3,000 m2 land a built area , the hotel has a built area exceeding 13 thousand m2 on 14 floors. A very solid construction finished in 1977, the hotel needs an ample interior refurbishing process, especially to the rooms and its in-house health center. Diana Hotel had been recently evaluated by a surveyor agency at more than 13 Million Euro, but the asking price of just 4 Million Euro makes this offer a super bargain! Moreover, the successful investor has the chance of further acquisitions from the same group, establishing himself the leader of this up-market spa.
Foot print 3000 m2
Rooms 200
Year of Construction 1977
Floor(s) / Location 14
Living space 13000 m2

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