Hotel Balcone Delle Marche

ITALIAN PROPERTY FOR SALE


Hotel Balcone Delle Marche is wholly owned by the Comune of Cingoli - local council - and is for sale without any incumberances or restrictions with the sole condition that it must be refurbished and run as a hotel.

The hotel has been significantly restored both internally and externally by the local council, who were originally planning to run it themselves.  A change of political direction has resulted in a mandate to sell the property.

ACCOMMODATION

To ensure there are no problems with the sale, the Council has confirmed that all permissions to refurbish and then subsequently run the property as a hotel with restaurant and bar facilities will be forthcoming to the successful purchaser.

Situated in prime real estate immediately above Cingoli's medieval wall, the hotel has 32 bedrooms plus 4 mini-suites, providing a total of 36 bedrooms.  Although the exterior of the building has been completely restored and painted, the interior has only been partially refurbished and requires completion.  New interior windows and doors have been fitted, some bathrooms have been installed, and the new atrium roof for the dining room is in place.

The floors in this 3-storey building are accessed by two sets of stairs and a lift.  The mini-suites and bedrooms are located on the two upper floors, both of which are identical to each other in terms of layout.  The ground floor layout includes the main reception, bar, restaurant and kitchens, whilst the basement has ample space for storage, a wine cellar and, possibly, staff accommodation.

The large roof terrace would make an excellent bar or al fresco dining area, where guests could enjoy the breathtaking panorama. Externally, the hotel has parking space for up to 25 cars.

Located within the town of Cingoli the hotel is well placed for local amenities.  And, being only 40 minutes drive from both Alcona international airport and the Adriatic Sea, is easily accessible.  The winter ski-slopes of the Sibilini Mountains are only an hour's drive to the south west, whilst Rome can be reached in about 3 hours.

  • Property Details
    • 36-bedroomed hotel in Cingoli, Le Marche
    • Partially refurbished - requires completion
    • Currently owned by local town council
    • Hotel, restaurant and bar complex
  • Utilities / Services
    • All services available
    • Parking space for approx 25 cars
  • Features
    • 180° views of Le Marche countryside
    • Growing tourist area in central Italy
    • Only one other hotel in Cingoli
    • Good travel links by air, sea & road
  • Useful Information
    • Cingoli population = 10,000
    • Congoli is called the Balcony of Le Marche
    • Local council encouraging tourism
    • Frequent annual events growing in popularity
  • Further Information
  • Location
    • Cingoli, Le Marche
    • 1 Kms from Cingoli
    • 50 Kms from Adriatic Beaches
    • 85 Kms from Sibilini Mountains
    • 40 Kms from Ancona Airport
  • Price
    • € 2500000   
    • £ 1724138 (approx using 1.45 exch rate)
 
These details are provided for information only and are believed to be an accurate reflection of the property for sale, but do not form any part of a contract or offer for sale. Buyers are advised to double-check all details prior to making an offer and to ensure that they are using appropriate legal channels to conduct the sale process.


PROPERTY-SALES-ITALY.COM
Via Internone 11, 62011 Cingoli (MC), Le Marche, Italia
Tel: 00 39 0733 604231   Email: enquiries@property-sales-italy.com

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