Coldwell Banker Commercial Southwest Partners STAR LISTING. REDUCED $2.5M EU TO $20M EU! The Timo Resort, a 5-STAR Mediterranean Sea front Hotel in ALANYA, TURKEY w/D3J GROUP! http://wp.me/p1gvH4-5G

Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 Hotel / Motel For Sale REDUCED $2.5M to $20M EU! The Timo Resort, 5 Star Iskele Mevkii D400, Karayolu Uzeri, Konakli, Alanya, AT 07490 Price: $28,425,200 No. Rooms: 239 Building Size: 205,225 SF Price/Room: $118,933.89 Property Type: Hotel & Motel Property Sub-type: Full Service Property Use Type: Investment Commission Split: 3% Cap Rate: 7% Average Occupancy: 73% No. Stories: 5 Year Built: 2004 Lot Size: 104,410 SF Last Verified 4/6/2011 Listing ID 17105902 Map of Alanya, AT, 07490 - exact location not found Find out more about Iskele Mevkii D400, Karayolu Uzeri, Konakli, Alanya Highlights 5-star Mediterranean Sea from luxury hotel STAR LISTING in Alanya, Turkey with D3J GROUP Built in 2004 with 239 rooms including 13 suites, 12 family mini-suites a royal suite, 24, 2 full service restaurants, 2 pools, 2 bars 93% in season and 68% out-of-season estimated occupancy yielding a 7.48% estimated cap REDUCED $2.5M EUR, priced to sell reduced at $20M EUR or $28.426M US* ($83,362 EUR or $118,934 US*per room) Located in Alanya, the crown jewel of the Turquoise Coast, generating 9% of tourism & 30% of foreign investments in Turkey Tourist dominated local economy, foreign investment friendly, stable democracy and strong corporate/real estate laws Description (7) Category: 5-star hotel (8) Mediterranean front? Yes, 100 m to the Sea (9) Floors: 6 (10) Rooms: 239 (a) Standard: 211 (b) Family mini-suites: 12 (c) Standard suites: 13 (d) Royal suite: 1 (e) Disability ready: 2 (11) Beds: 575 (12) Room views: Sea, pool or mountains (13) Land area: 9,700, 104,410 SF or 2.4ac (14) Pricing per room: $83,682 EUR or $118,034 US* (15) Year built: 2004 (16) Pools: 2 indoor and outdoor plus waterslides and many other water features (17) Full service restaurant seating: 600 (18) Ala carte restaurant seating: 70 (19) Bars: 2 (20) Conference center: seats 200 (21) Amenities: All new furniture; balconies; terraces; massive atrium; luxurious finishes, furniture, furnishing and soft goods; air conditioning; Turkish bath; sauna; massage, Fitness Center; hard court Tennis. (22) Proximities: (a) Distance to City Center: 10 km (b) Distance to Hospital: 5 km (c) Airport: 140 km Alanya is the crown jewel of the Turquoise Coast of the Turkish Riviera. It is set on a scenic point 115 km (72 miles) south east of Antalya. Alanya is a premier Mediterranean beach resort and has been so for more than 2,000 years. With miles and miles of beautiful, pristine sandy beaches, sparkling waters of the country' s Turquoise Coast and Turkish Riviera, mild climate and deep history, it is becoming a global destination. It is a favorite seaside destination for holidays, retirees or expats from Russia, the Middle East, Germany, Greece and other EU countries. In the past 10 years, it has become popular with tourists from the United States. One of the most famous of the Alanya beaches is Cleopatra Beach (Marc Antony and the legendary Queen of Egypt made their home here in the first century BC). Since 2000, the population has almost doubled to 250,000 with over 10,000 residents European expats. During holidays and the summer tourist season, the population of Alanya more than doubles to over 500,000. Alanya generates 9% of Turkish tourism and 30% of foreign real estate purchases in Turkey. Financial Summary   Actual Net Operating Income $1,989,764 Room Mix Information Description No. Rooms Standard 211 Family mini-suites 12 Standard suites 13 Royal suite 1 Disability ready 2 Additional Photos 3-atrium from top floor.JPG 4-atrium ground floor.JPG 5-stunning inside and out. JPG 6-pool at dawn.JPG 7-view to pool bar.JPG 8-pool area.JPG 9-view from pool bar.JPG 10-cutting a sharp turn.JPG 11-breakfast at Tiffany's.JPG 12-standard room.JPG 14-view from cruise ship.JPG 15-Beach area.JPG 16-walk to Beach.JPG 17-side elevation.JPG 18-view from top floor to beach.JPG 19-private beach area.JPG 20-waves of visitors.JPG 21-front elevation with lighting.JPG 22-side elevation with lighting.JPG 23-entry from circular drive.JPG 24-exterior entry.JPG 25-reception front desk.JPG 26-inside bar and lounge.JPG 27-intimate casual seating.JPG 28-lobby.JPG 29-long atrium view from top floor.JPG 30-atrium view to front.JPG 31-atrium view to rear.JPG 32-party at the pool.JPG 33-water features.JPG 34-pool from 2nd floor deck.JPG 35-pool bar from pool.JPG 36-motoring.JPG 37-plush rooms.JPG 38-view from bath.JPG 39-family suite.JPG 40-standard bath.JPG 41-view to balcony.JPG 42-room features.JPG 43-king room.JPG 44-suite with bar.JPG 45-perfect settings.JPG 46-conference room & speaker podium.JPG 47-conference room set for dinner.JPG 48-ala carte restaurant.JPG 49-retaurant bar area.JPG 50-restaurant for lunch.JPG 51-amenities.JPG 52-ready for dinner.JPG 53-beach pavillion.JPG 54-beach pavillion buffet.JPG 55-low fat dessert.JPG 56-breakfast.JPG 57-dinner buffet.JPG 58-pool side buffet.JPG 59-pool bar at night 60-party for every age.JPG 61-discoteque.JPG 62-theater.JPG 63-beach and tennis sports.JPG 64-entering the indoor pool.JPG 65-indoor pool.JPG 66-digging it.JPG 67-swinging.JPG 68-kid friendly.JPG 70-life is a bowl of cherries.JPG 71-spa treatment.JPG 72-spa area.JPG 73-fitness center.JPG 74-private treatments.JPG 75-H 2432 QR code.JPG 100-area picture-Alanya Beach.JPG 101-area picture-Alanya Fort.JPG 102-area picture-City of Alanya.JPG 103-area picture-picture perfect river.JPG 104-area picture-The Kale Fortress.JPG 105-area picture-pack boating in Alanya.JPG 106-area picture-view from the mountains.JPG 108-area picture-Church at Damalatas Beach.JPG 109-area picture-moon over Alanya.JPG 110-Alanya area pictures-Kleopatra Beach.jpg 111-area pictures-wildflowers in spring.JPG 112-area pictures-Alanya Harbor.JPG 107-area picture-Alanya Fort.JPG 114-area pictures-lovely in black & white.JPG 115-area pictures-view from a ship.JPG 116-area pictures-golden sunsets.JPG 117-area pictures-the Blues not the Blues 118-area pictures-sunset at Mulmuthar.JPG 119-area pictures-Justriano Park.JPG 120-area pictures-Turkey's holiday center.JPG 121-area pictures-Gazipasa Mountains.JPG 122-area pictures-beach party bingo.JPG 123-area pictures-sunrise or sunset.jpg 124-area pictures-life is a beach.jpg 125-area pictures-soaking up the rays.JPG 126-area pictures-Beskonak Canyon.JPG 127-area pictures-Alanya Falls.JPG 128-area pictures-sailing away.JPG 129-area pictures-ancient bridge to Alanya.JPG 130-area pictures-Turkey Didim.JPG 131-area pictures-where the sun smiles.JPG 1-main Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.   LoopNet Commercial Real Estate CJ6DL9M