New 4 Star Hotel

Location: Lithuania -> Vilnius
Industry: Hotels and Holiday Accommodation > Hotels

Businesses for sale Summary

The company ”UAB ITEK Lietuva” is constructing a future multi-storey hotel building in the centre of Vilnius city in Lithuania. It will consist of a ground-floor with the lobby, lounge, restaurants and retail area, upper floors with the rooms, a penthouse with the sky-bar and a terrace with the view to old city and underground floors with meeting spaces, storage and parking.

Innovatively designed building will meet high quality standards of the construction by using ecologically pure modern materials and new technologies. At present ground works including external engineering networks are executed and also an underground part of a building is made. Final end of construction – end of 2009. Planning of the hotel is made by HGP Architects from Berlin, Germany.

Our company is looking for financing to complete the construction of new modern 4 stars hotel in Vilnius, Lithuania with the total cost of 12 Millions EUR. We consider our cooperation with you on basis on partnerships as investor or shareholder. Email or call tel 0037052460584 or mob 0037061450044 for more information on this Hotel for sale.


Asking Price Range:  $10.0M – $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable