For Sale: Vacant Former 3 Star Hotel in Rio de Janeiro, R$15 Million – Second Line to Copacabana Beach

Amazing location in Copacabana  (close to Belmond / Copacabana Palace)
50 Units/Keys
Total size of 2,000 M2 square meters / 21,518 Sqft
Price: R$15 million (US$4 million)
6 floors building
1 retail space with 350 M2
Revenue generated by retail space
Restaurant and bar on site
1 elevator
Possible to build on the rooftop
A company with a full institution license is available
Size of rooms: From 25 M2 to 35 M2 square meters ( 270 sqft to 376 sqft)
Real estate tax (IPTU) – R$ 30.000,00 per year
Don’t miss the opportunity!
We have off-market active hotels and commercial buildings available for sale

Please feel free to send us an email for more information
[email protected]
www.bestbrazilinvestments.com