For sale a fully operating urban hospitality property, “40 Saules,” in Ventspils at 40 Saules Street (the offer also includes the adjacent property at 42 Saules Street), in one of the most sought-after locations — approximately a 5-minute walk to the city center and approximately a 15-minute walk to the Blue Flag beach of the Baltic Sea. The property has an established brand, a solid short-term accommodation business, regular bookings and very good guest reviews, so the business can be continued immediately.
The complex consists of two buildings around a courtyard, which provides privacy and a cosy atmosphere. The front building has more compact studio apartments, while the rear building has more spacious two- and three-bedroom apartments with full kitchens. There are 8 apartments in total, with a total capacity of around 22-30+ guests (depending on the layout). Each apartment has a fully equipped kitchen, private bathroom with shower, Wi-Fi and TV. The property is being sold fully furnished and equipped, including inventory, textiles, ready to continue as "40 Saules" or be repositioned under a new brand.
The location is convenient for both tourists and business travellers: access via asphalted roads, parking nearby, easy access also from Riga via the A10.
In high season (May-September) the property is able to operate at high occupancy, while in low season demand comes from business trips, families and groups, providing a potentially stable income stream throughout the year. The land area is approximately 786 m² and 42 Saules iela can serve as an important component of the development, increasing the value and capacity of the project.
Further information, layouts, photos/videos are available for interested parties and viewing and conditions can be arranged.
