47 bedroom Hotel for sale in Petralia Sottana, Sicily

2,200,000 EUR 1,892,000 GBP 2,376,000 USD

Reference: 206830

Bedrooms: 47
Bathrooms: 43
Floor Size: 3,075 m2
Plot Size: 1.23 hectares / 3.03 acres

Features

Terrace
Air Conditioning
Outbuildings
Potential for Income
Garage
Good Condition

Details

This charming hotel is located in the heart of the Madonie Mountains in the north of the island at 1,350 metres above sea level and standing in an extensive plot of 12,250m2.

Ideally located close to many tourist attractions as well as the skiing in Piano Battaglia.

The property comes with a total area of 3,075m2 plus a terrace of approximately 114m2 which is comprised of a professional kitchen, restaurant, laundry and dry cleaning equipment.

There are five floors with a basement and four floors above ground and an outbuilding used for garden parties.

The building is made of reinforced concrete slabs and supporting structure of reinforced concrete, the prospects are plastered with Type Li Vigni plaster, wooden window frames, all is in good condition and does not require special maintenance operations.

The property is comprised as follows:
The basement houses the substantial technical equipment: boiler, autoclave, storage and garage space.
The ground floor has the main entrance, reception hall, residents lounge, reception office, bars, local cuisine with Related Services.
The first floor has 15 rooms with en suite bathroom/shower rooms.
The second floor has 11 rooms with en suite bathroom/shower rooms and 6 rooms with two shared bathrooms.
The third floor has 15 rooms with en suite facilities.
Making a total of 47 guest rooms of various sizes and a total number of 94 beds.

The types of rooms are double (with single or double beds) and quadruple rooms.
All bathrooms come with WC, basin, bidet and shower.

Rooms are also equipped with air conditioning, telephone service, television, minibar. The Hotel has spacious terraces and outdoor spaces, where, during the summer months, breakfast is served.

LOCATION
The hotel is located 12 km from the town of Petralia Sottana (PA), Pomieri (1,350m) altitude, within the Madonie, mountainous area of the province of Palermo, near the ski resort of Piano Battaglia situated at an altitude 1600meters, under the highest peak of Sicily: Pizzo Carbonara (altitude 1972metres).
There are the woods of the Madonie park, accessible via the SP 54 which goes from Petralia Sottana towards Piano Battaglia. The whole area of the Madonie is an area with woods that starts at an altitude of 1,000 metres to the height of Pizzo Carbonara.
The Madonie area is part of the 'Tourist District of Cefalu and the Madonie', the latter being a major tourist attraction, which is about 40 kilometres from the town of Piano Battaglia.
Palermo, the capital, is about 100 kilometres away. The attractions of the area, as well as the annual cultural events, folk and gourmet surrounding municipalities are: the ski resort of Piano Battaglia, countless nature trails and the renowned Adventure Park Madonie, not far from the hotel, which attracts tourists from all ages from all over Sicily.

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Italy Property Buying Guide

1. Making the Offer to Purchase (Offerta)

Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.

2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)

The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.

3. Signing the Final Deed of Sale (Rogito or Atto Notarile)

The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.

4. Formalities to be observed after Completion

Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.

IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.