"this is an Invite Only page"

Hello, 🙏 I am Rohit Gaikwad. Thank you for accepting my request to check the deal – hotel for sale Goa. I have tried to answer all your queries (check FAQ’s) and given all required info here to save yours and my time too. Now, I wanted to ask you one question❔

would you like to own ...

a super profitable 💰 fully furnished running hotel with 32 rooms (+9 possible), restaurant, swimming pool with a brand loyalty and existing corporate client base  with average 80% occupancy and approx 9% ROI ✔️ of a 100% clear title freehold property located in dense green area of Porvorim, North Goa 📍

if you decided to proceed further then let’s discuss it over

or If you are seriously interested for this deal; I would like to know more about you

let's continue...

before going ahead, I would like to show you actual video of the proprty

I know you don’t want to take any decision on the basis of video. Let’s check what our customers are saying about this hotel

500+ verified reviews
4.9/5

now if you decided to proceed further then let’s discuss it over

I know...

you have already seen too many property options or ads for hotel for sale Goa & similar types of properties but not finalised yet and still looking for a better and something worthy…

This hotel is a standalone set up in Porvorim, North Goa and it has a luxurious aura whirling around itself. First of all its from owner side proposal so #Nobrokerage need to pay, while putting calculations here i were spent day & hours and paid for expert consultation then only came to these figures. 

So before quoting anything kindly consider it as final and almost non negotiable offer.

If you are seriously interested for this deal; I would like to know more about you

I know you were looking for a good established hotel which will help you to grow faster and a long term business without doing trial and errors and spending time and money to create a new brand, market it via events & promotions and wait for break even. If you still confused…

lets check it closer. Below I have uploaded actual pics of the property

ask why...?

✔️ This is a residential sanction property having all approved govt licenses for the hotel business but the main attraction is HOME LOAN

✔️ you can avail the home loan at 7% rate of interest means 0.58% per month …

✔️ you can use bank money to own and scale your hotel business

✔️ Keeping in mind the average room pricing bracket we kept it below 2000 per day to avoid the competition

✔️ we are ranking continuously in top 3 positions for OYO across north Goa

✔️ The property is modern and can be associated with quality luxurious amenities

✔️ high quality construction and easy accessibility makes living here a great pleasure for all its guests

✔️ All the rooms are well-Lit with natural light and have good ventilation.

✔️ The property ensures a comfortable stay

✔️ For easy operations we have kept it simple, we have tie up with OYO and sharing 25% of revenue with them.

✔️ Considering the hotel business we have kept limited but quality staff, for restaurant we have chef + 2 people, for security we have 2 people and for cleaning and maintenance we have 5 people handing the business without your involvement and

✔️ most important all records are online you can access it anytime anywhere.

…if you decided to proceed further then let’s discuss it over

amenities

☑️ Cafeteria : Yes
☑️ Swimming Pool : Yes
☑️ Automatic Lift : Yes
☑️ Backup Generator : Yes
☑️ Parking : Yes
☑️ Solar Water heater : Yes
☑️ CCTV : Yes
☑️ Wi-Fi System : Yes
☑️ Restaurant : Space Available (140 sq.mt. / 1507 sq.ft.)
☑️SPA/Conference : Space Available (130 sq.mt. / 1399 sq.ft.)

licenses & approvals

☑️ TCP Sanctions
☑️ Occupancy Certificate
☑️ Hotel License
☑️ Tourism License
☑️ Health NOC
☑️ Fire NOC
☑️ Bar & Restaurant License

strategic location

I know distance matters…and I am ready to bet; you will never get this kind of location

☑️ NH66 – 400 Mtr
☑️ Mall De Goa – 700 Mtr
☑️ Calangute Beach – 10 Km
☑️ Candolim Beach – 8.7 Km
☑️ Miramar Beach – 9 Km
☑️ Deltin Royale Casino – 5.6 Km
☑️ Goa International Airport – 29 Km
☑️ Karmali Railway Station – 15 Km

Strategically located the unit is well connected to other parts of the city making it a great choice for any buyer or investor

if you decided to proceed further then let’s discuss it over

or If you are seriously interested for this deal; I would like to know more about you

FAQ's

let’s discuss frequently asked questions and there  asnwers

Q. What is the asking price?

Ans: with so many discussions, counter offers we have decided to sell it at 18Cr. Negotiations depend on payment terms. Govt taxes need to pay at actual.

Q. What is the land area and construction area?

Ans: the plot area is 1172 sq.mt. (12,615 sq.ft.) and constructed built up area is 1737 sq.mt. (18,697 sq.ft.)

Q. Who are the clients here?

Ans: we have almost 15% locals, 20% tourists, 10% casino, and the rest 55%  corporate clients.

Q. Can I ask which is the nearest beach from this hotel?

Ans: Yes, Coco beach is 9 min reachable and candolim beach is 15 min reachable.

Q. Is it a beach touch hotel?

Ans: NO, it’s not. We are not looking for seasonal business. Beach touch hotels are closed for almost 4 months so considering this possibility while buying land we have decided to make it non seasonal evergreen which gives us everyday (sale) business.

Q. What is the current monthly sale?

Ans: even during lockdown we are doing 12L to 13L business per month. We have some extra add-on activities which will generate another 5L to 6L revenue. So you can expect 17L to 18L monthly revenue.  And considering all the expenses approx 5L to 6L we can expect 11L to 12L average profit. That means approx 9% returns on your investment.

Q. Is your current team continuing with us or I need to hire a new one?

Ans: You can continue with this team as they all are set now and without losing a single day you can start earning the profit.

Q. What is average pricing for rooms?

Ans: purposely we kept it below INR 2000 or less to assure occupancy and stable business. It’s in the budget hotel category.

Q. What are the client’s feedback and reviews?

Ans: already posted few reviews and testimonials here, almost every client is super happy with the treatment, ambience and food. You can verify all these reviews on Google, OYO, Goibibo and other hotel portals.

Q. If this is the case then why are you selling?

Ans: I know; you will ask me this question. Due to some family problems we are selling this hotel. We are based out of Pune with a primary real estate business (and not from hotel business)

Q. Is there any ongoing loan on the property?

Ans: NO. 100% possession and title with us only.

Q. How many car parks are there?

Ans: we have approx 14 car parks with ample open space which will help to park another 10 cars.

Q. Are there any extra charges for furniture and fittings?

Ans: You don’t have to pay anything extra for furniture and fittings.

Q. If I wanted to go for a home loan then which is the preferred bank?

Ans: this project has already got approved by SBI, Canara and HDFC bank so you just need to submit your KYC and financials and you will get immediate disbursement with the best rate of interest possible as per your profile.

Q. Is there any negotiation possible?

Ans: Yes but it’s slightly negotiable. I prefer a downpayment client rather than a client going for a loan. For both the cases the criteria is different.

Q. I am Interested, how can I own this hotel?

Ans: Great! If you read all the details and like the property you can fill the form and I will get back to you. We will have a zoom call or phone call if everything goes well. We will meet in person and sign the deal. finally;

summary

✔️ Furnished 32 rooms (+9 rooms possible) with modern amenities and govt licenses

✔️ No ongoing loan on the property & All taxes have been paid

✔️ 500+ Five stars verified customer reviews and testimonials

✔️ Currently, the property enjoys 80 per cent occupancy

✔️ There is a good will in the market for excellent service delivery

✔️ There is an established customer base with local operators

✔️ Only exclusive boutique apartment property with quality furniture and fittings

✔️ Easily distinguishable from any competition within north Goa

✔️ The property ensures a comfortable stay

✔️ The balconies make sure the rooms remain well-Lit and ventilated across the year

wait no more and let’s close it now

The End

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