Pension For Sale City Center Tangier

PRESENTATION PENSION

Technical Sheet

- Land Area: 246 m2

- 22 rooms with bathroom (street view and interior view)

2 apartments

Reception: 2 lounges – guest wc, kitchen

Patio: small green space

Sale of business property

Strengths:

Proximity to downtown and marina (beach) and tourist area: 5 minutes on foot
Calm: because it is located in a small alley (cul-de-sac): very quiet and very little traffic.
Longevity (exists since 1980).
Loyal clientele
Possibility to convert it into a 3-star hotel or residential building (studios) for students or executives
Possibility to add an elevator

Weaknesses:

Old building (needs updating): renovation work should be planned:

(Sanitary, electricity (for air conditioning) flooring, equipment, bedding, installation of an elevator, etc...

Sale price: 13,000,000 dhs

Agency fees: 2.5% excluding taxes of the sale price