Prestigious 5-Star Waterfront Hotel for Sale in Lagos

Prestigious 5-Star Waterfront Hotel for Sale in Lagos - 1
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Price Analysis Good Price

Based on 116 similar listings

Market Demand

High Demand

Details

Address
Maroko Road, leaking expressway
Condition
Fairly Used
Furnishing
Furnished
Property Type
Hotel
Square meters
9,324 sqm
Secure Parking
true

Prestigious 5-Star Waterfront Hotel for Sale in Lagos Highlights

  • Prime Hotel Location: Hotels in this category often benefit from strategic locations near major transport links or popular tourist destinations. Proximity to amenities and accessibility are key factors for guest convenience and business success.
  • Generous Building Size: A substantial square meterage indicates ample space for guest rooms, common areas, and back-of-house operations. This size allows for a variety of amenities and services to be offered.
  • Furnished for Immediate Operation: Furnished properties are ready for immediate use, saving the new owner significant time and investment in outfitting guest rooms and public spaces. This typically includes beds, furniture, and basic decor.
  • Established Property Condition: Properties described as 'fairly used' suggest a structure that has been operational and maintained. Buyers should consider potential needs for updates or renovations to meet current standards and guest expectations.
  • Secure Parking Availability: The presence of secure parking is a valuable amenity for hotels, offering guests peace of mind and convenience. This is particularly important in urban areas or for properties catering to business travelers.

Description

• A prestigious 13-storey, 5-star luxury waterfront hotel with 133 guest rooms and 9 suites. • Strategically located on Maroko Road, Lekki-Epe Expressway, Lagos, offering premium waterfront views. • Situated on 9,324 sqm (over 2 acres) of land with a Lagos State Certificate of Occupancy and 60 years unexpired leasehold. • Features include bars, a fitness centre, swimming pool, meeting rooms, offices, and extensive function/event spaces. • High-quality building construction with luxury hospitality facilities. • Offers a rare hospitality investment opportunity in a prime Lagos location. • Price: $200 million USD. • Seller: Mubarak.

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ConditionFairly UsedUncompleted BuildingNewly Built
Property TypeHotelTank FarmTerraced Duplex
FurnishingFurnishedUnfurnishedSemi-Furnished
AddressMaroko Road, leaking expresswayRepublic Estate Independence layout EnuguLugbe
Square meters9,324 sqm1,000 sqm300 sqm
Secure Parkingtrue——
Price₦ 200,000,000₦ 145,000,000₦ 150,000,000