Building for hotel in the center of Florence

The building to be renovated and converted into a hotel is located in the center of Florence, a 5-minute walk from the Basilica of Santa Croce and a 10-minute walk from the Florence Cathedral (Duomo) and the Accademia Gallery.
The project involves the development of a hotel with 50 rooms, an internal garden, and terraces.
The total area of the hotel is approximately 2000 m².

Purchase options:

In its current state, requiring a full renovation from scratch — €13,000,000.

“Turnkey,” already furnished and finished — €18,000,000.

The property can also be considered as an income investment: there is already an international operator/management company that, according to the seller, is ready to provide a 7% annual return.

*The project and further information are available upon request after the signing of a confidentiality agreement.

Florence is one of the most prestigious and resilient hotel real estate markets in Italy. A world-renowned cultural capital, the city welcomes millions of tourists every year, ensuring steady demand for hotels across all categories — from boutique hotels in historic palaces to modern hospitality properties.

The historic center of Florence is a UNESCO World Heritage Site, making properties in this area particularly valuable and highly liquid. Walking distance to major landmarks is a key factor driving the investment appeal of hotel projects.

https://trevi-elite.com/en/growth-of-the-hotel-business-in-italy-new-opportunities-for-investors