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  • 20 Acre Hotel & Restaurant for Sale at Varca, Goa - 24 Acre
  • 20 Acre Hotel & Restaurant for Sale at Varca, Goa - 24 Acre

    Varca, Goa by Neelkanth Builders And Engineers

    • Rs 599 Cr @ Rs 6876 per Sq.Ft
    • Configuration

      :

      Not Available

    • Transaction

      :

      New Property


    Contact Builder View Phone No.
  • About Property

    Update On this Deal :



    Seller is Ready to Give 61% Stake At Rs. 325 Crore and Would Enter Into An Agreement for Offloading Rest of the Stake in Coming Years.



    Name: Ramada, Caravela Beach Resort, Goa.


    Location: Varca Beach, Just 40 Minutes Drive From Dabolim Airport.



    Rooms : 204 Rooms (Including Standard Room, Superior Room, Deluxe Rooms, Deluxe Suits, Family Villa And Presidential Villa)



    Scope In Expansion : Hotel Property Still Has Fsi Available For Expansion Of Next 100 Rooms And 14 Villas.



    Total Land Area : Approx. 24 Acres



    Occupancy : Last Year It Stood More Than Yearly Industry Average At 70%



    Revenue: Last Year Revenue Clocked Rs. 60 Cr.


    Ask Price: Rs. 600 Crore For Complete Stake.



    Ownership is with 3 Parties Having Share as 51%, 36% and 14% Respectively, the Party Having 51% Will Offload 100% and 36% Will Give Minimum 10% to Make It to 61% Offload, After Getting this 61% Buyer Will have Complete Management Control and Then They Can Run the Hotel Operations Easily and Take Any Decisions for the Betterment of this Property.

    • Price
      Rs 599 Cr ( @ Rs 6876 per Sq.Ft )
    • Area
      Built Up Area : 20 Acre, Plot / Land Area : 24 Acre
    • Furnishing
      Furnished
    • Ownership
      Builder

    Amenities & Details

    • Power Backup
    • Water Storage
    • Lift
    • Car Parking
    • 24 x 7 Security
    • Maintenance Staff
    • Fitness Centre/Gym
    • Park
    • Swimming Pool
    • Club House

    Locality Info



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