3 Star Hotel for Sale Munnar Kerala India

Please find the details of the property.

Sale Price : Rs.8.50Crore

Land area: 17.64 cents
Built up area: 12000 sq. ft.
Number of rooms: 17 + option built-in for 24 more room.
Star category: 3 Star
Location: In Munnar Town
Floors: 4

Amenities: Lift, car park, restaurant, dormitory, café, rooms with balcony and attached toilets, STP, Rain Water Harvesting, Hotel license

Expected Income (per month):
High season - 18-25 lakhs.
Low season 12-15 lakhs.
Building Age: Newly constructed.
Condition: Unfurnished
Sale: As is condition.

The advantages this property has is its location. It is in the highest point in Munnar city and has a beautiful view of the city below and the surrounding areas. Guests will have the best view in Munnar from this property.

It has 17 double rooms with balcony and attached bath with option to build another 16 standard rooms with attached bath and 8 budget rooms (total 24 additional rooms) for back packers in the upper floors. The property also has provision for  restaurant, internet cafe, gift shop and lobby.

Other options built-in to the project are rain water harvesting, capsule lift, car parking, high capacity sewage treatment plant, pollution control board certified and hotel license for the past 7 years.

This is a good project to invest due to the high demand from tourist and the lack of hotels in Munnar city due to lack of land and building space. Most hotels are far flung and it causes inconvenience for tourist.

Please contact Sri Balaji Reals Mob: 07373079796 / 08825102585 e-email : sbrarumuganeri@gmail.com