Upscale Spa Hotel on 4,7 hectares of land, 1250 altitude with very high return

Details

Spa Hotel Nova Friburgo: 4,7 ha land, 2500 m² constructed area, 35 suites, highest quality and elevated return potential

General Description and Features:

A unique opportunity to acquire a SPA hotel with an unusual beauty and constant good occupation,
at a very attractive value. A well-elaborated infrastructure of the highest quality was built from 2004 until 2011 in an outstanding
location (a 1250m mountain top).
The total area is 4.7 hectares which is located in the most preserved area of the Atlantic forest, within the
mountain region of Rio de Janeiro, in the heart of the Brazilian little Switzerland.
There is a total of about 2,500 square meters of built area  with 35 suites in operation, and another 5 suites in final construction.
A very unique organic and contemporary design which is integrated within the breathtaking views, and includes artistic
workmanship that incorporates rare and expansive materials.

A complete European SPA (six treatment rooms, Sauna, steam room, hot tub, etc.).Acoustic center of 200 square meters, designed by one of the greatest acoustic architects in Brazil. Including within it two halls with a total space to fit 60 and
120 sited guests respectively. Industrial stainless steel kitchen designed to prepare
food for more than 120 guests simultaneously. Outdoor pool with slide and waterfall. Barbecue covered in glass, with capacity to
feed 120 guests at the same time. Self sufficient energy generation through a comprehensive
photovoltaic system.

Mineral water in abundance from a deep well located within the property, including 140.000 litters stored at any given
time and ready to be distributed. Two fold central heating system for the water: utilizing a 1 ton reservoir of natural gas, and an alternative installation of a closed cycle thermo technology based on heat exchangers that enjoy the credit generated by the solar system.

Laundry facility equipped by 6 industrial washing machines and 4 large industrial dryers. Organic garden that supplies the SPA kitchen with vegetables and greens, clean of any pesticides. Stud farm with 10 stables and storage facilities, featuring
trained horses ( all Mangalarga Machador purebreads ), for the purpose of guest cavalcades. A fenced football field covered by natural lawn. Well maintained botanical gardens with a wide verity of tropical plants and elaborated bird breeding houses.
And more and more features and benefits to list. In 10 years of operation, the SPA has established a loyal clientele who keeps returning constantly to enjoy the place.

Working only with exclusive events of closed groups, strictly during weekends and holidays, and always with full board, the
space is booked usually months in advance. The actual owners opted for a more tranquil and easy going business activity in order to maintain an equilibrium with there personal well being. As such, within the limited way it is currently operated; the annual income of this enterprise is around Two and a half million R$.

The cost structure is mostly variable, which guarantees a high economical elasticity, and never exceeds one third of the gross
income, thus maintaining 65% of the revenues as net profit, which normally amounts to around 1.5 milliom R$ ( 300
thousand US$ annually, depending on the currency exchange). Despite the challenging times of the past few years,
the SPA hotel has been operating in full swing, with events closing up quickly. Due to the growing size of the events hosted and the increase in demand, an engineering project was initiated and approved to take the number of suites to 60.
Nonetheless; the potential of growth, both in revenue and profit could easily double within the current structure, if operated
as well during the week-days.

Despite the continued economic success of the place, its reputation and growing clientele, the owners are in need to urgently move out of the country, and as such are offering the hotel for sale at a very discounted price off its real estate value, without any additional consideration to its economical activity and market penetration.

This price is discounted off a value based on the initial cost of Construction (alternative cost), as assessed by a professional
expert and registered in court, for insurance purposes. Beyond its client base, reputation, bookings for most of 2023 and its stuff, the entire content of the hotel will be naturally included, if the buyer prefers to carry on with it.

And lastly, it must be added; that the holding company of that property is a corporation, the nature of which is an anonymous society, that is absolutely free and clear of any
debt. Therefore, if the buyer so desire; the partners of the selling firm could easily and swiftly transfer the shares of the firm to
whomever the buyer designates, including in it the deeds of its property, structure, content and all other benefits that such
an anonymous entity could provide, and all this in a transparent, fluid and very secure way.

We accompany clients during the whole sales process and provide encompassing consulting services.

Additional Background Information:

• http://www.pmnf.rj.gov.br/
• About Nova Friburgo
• Mineral Water Distribution Nova Friburgo

Nova Friburgo is a city and a district in the state of Rio de Janeiro. It is located in the Serra Fluminense at about 850 meters above sea level, 130 kilometers northeast of the city of Rio de Janeiro.

General Observations:

1. This resort is exclusively for sale, not for rental of any kind.
2. It is strongly advised that interested buyers conduct a visit of the property with a subsequent diligence in order to make an informed decision on whether to proceed with the purchase. It is however expected that the prospective client has the necessary financial means to purchase. It is important to note that Brazilian banks or in general financial institutions do not give, under any circumstances, loans or mortgages to foreigners. Also, it is very rare that European or American banks concede loans or mortgages for purchasing real estate in Brazil. It is thus indispensable to have the proper capital in order to effectuate a purchase.
3. The buyer/investor does not pay any kind of commission to the realtor in Brazil – the commission is strictly the responsability of the seller. However, the buyer is responsible for paying the notary costs as well as the ITBI (Imposto de Transmissão de Bens Imóveis – the property transfer tax) which ranges, depending on the state, between 2 – 3 %.

Keyphrase: spa hotel Nova Friburgo