Hotel in Ticino, Switzerland

Hotel with Penthouse and Apartments Locarno – Ascona region (Object Nr. 4119-CH)

General Description

This quiet family friendly 3***hotel is located between Locarno an Ascona, facing south with a magnificent view as far as the lake. The guests can enjoy the beautiful outdoor pool and lounge on site and completely relax in the garden. The centres of both towns can be reached in 15 minutes on foot or even much faster by bus and train at the nearby Centovalli railway station.
The hotel is an excellent starting point to experience the beautiful nature of the region: Locarno National Park Project and Brissago Islands. On the other hand, if guests are more interested in culture, they will find many interesting sights like: Pinacoteca Comunale Casa Rusca and Museo Villa dei Cedri. Also worth a visit are the two highlights: Falconeria Locarno and Botanical Garden Gambarogno. The surrounding area also offers many opportunities for outdoor adventures like water skiing or golf.

Facts Hotel + Apartments

- Rating: 3***
- Construction year / Renovation: 1990, 7th and 8th floor 1999
- Parking: available
- Building volume: 10.000 m³
- Asked price: 8.500.000 CHF
- Annual income Hotel: 258.000 CHF
- Yield: 5.34 %
- Type of takeover: Asset-Deal
- Broker’s commission: 2.25 % plus VAT (buyer)

- Lease agreement until 2022, tenant is interested in a lease extension.
- Market price three apartments approx. 3.000.000 CHF.

Further information about this object can be obtained by signing a Non-Disclosure Agreement (NDA) or by submitting a Letter of Intent (LOI).