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Published:
May 31, 2025
3+ month old

Coastal Hotel for Sale Near Cannes

🔗 Listed on: carlton-hotelbrokers.com

Rooms

34

Space (m²)

1400

Price (€)

1960000
→ Contact seller

Highlights

  • Built in 1976; in good operational condition
  • Open year-round, focused on group clientele
  • Includes restaurant, bar, meeting room, and pool
  • 25 parking spaces and underground garage onsite
  • 30-minute drive from Nice Côte d’Azur Airport

Public reviews

👍 Positive feedback from guests

  • Well-furnished, modern apartments near city center: Many guests praised the stylish decor and walkable location to shops and Old Town.
  • Spacious, clean, and quiet interiors: Guests frequently mentioned cleanliness, large rooms, and comfort for short stays.
  • Friendly, helpful, and attentive staff: Staff often received compliments for warm welcomes, support, and offering local tips.
  • Good amenities and functional kitchens: Most units had working appliances, utensils, and thoughtful extras like water or coffee pods.
  • Smooth check-in and check-out process: Guests appreciated easy digital access and flexibility upon early arrival.
  • Secure and peaceful accommodations: Many noted quiet environments, good building security, and well-maintained common areas.

👎 Negative feedback from guests

  • Street noise due to poor soundproofing: Several guests said windows didn’t block traffic or construction noise well.
  • Listings don’t match reality: Common complaints included lack of balcony, inaccurate photos, or missing amenities like kettles or washing machines.
  • Strict and inflexible check-out policies: Many were frustrated by 10 AM check-out and no option to leave luggage.
  • Occasional cleanliness or maintenance issues: Reports included dirty floors, broken toilets, and rough or reused towels.
  • Unhelpful or unavailable staff: A few guests mentioned late check-ins, lack of response, or poor attitude from property managers.

📊 Performance

The hotel operates year-round with a small team and mainly hosts group bookings.

  • 2024 projected revenue: €1M
  • 2023 revenue: €570K | EBITDA: €152K
  • 2022 revenue: €644K | EBITDA: €233K
  • Income sources: 80% from hotel stays, 20% from in-house restaurant (not open to public)

✍️ Description from the real estate agent

Ideally located a short walk from the beach, this hotel and restaurant offers about thirty rooms, some with sea views, along with a restaurant, meeting room, bar, swimming pool, underground parking, and staff accommodation.

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