Hotel for Long Let in Gżira - €33,400/month

About this place

GZIRA:- Located only 50 metres in one of the most beautiful seafronts on the island, a fully operational, recently opened HOSTEL is now available for lease. This highly finished, rare-to-find, property comprises 53 self-catering studios, each with its own bathroom and kitchenette. Sleeps 2 or a maximum of 4 if dealing with students. Studios are air-conditioned and equipped with Wi-Fi and satellite tv. Hostel includes a restaurant, reception and pool area. Owner is looking for a well-established operator who is familiar with a fast-paced hospitality industry. The 10 year lease is offered for an annual rent of €400,000. Ref: 017886