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Auction for newly developed hotel in Peschiera del Garda

A recently built hotel complex is up for auction in Peschiera del Garda (VR). The hotel, a 4 star with about 30 keys, is up for auction for 4.7 million euros, a sales value of 157 thousand euros per key. In particular, the structure, located in viale Stazione 6, is built on four floors above ground with a terrace on the roof and an external area as well as two underground / basement floors. As a whole, the body of the building covers an area of approximately 2,200 square meters. A panel of 4 hotels transacted over the last 5 years in the area of the province of Verona, saw an average key purchase parameter around Euro 135 thousand, driven sharply by the deals that involved the NH Hotel Palazzo Verona and the Hotel Querceto.

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