4 STAR RESORT FOR SALE… JUST 5 KMS FROM PANJIM GOA.‏

TYPES OF ACCOMMODATION

Units : 144
Rooms : 152
Covered Area : 85,000 sq feet.
Super Area : 1,15,000 sq feet.

Type      Floor       No of Unit     Room    Bath with dressing     Balcony / terrace     Living Area       Kitchenette   Covered Area (Sq.ft.)
  I     Ground       38             1                1                           1                    X                 X                    452
  I      First          38             1                1                            1                   X                 X                     355

  I      Second      38             1                1                            1                   X                 X                     300
 II      First          24             1                1                            1                   1                  1                     690
III      Second       4              2                2                            1                   1                  1                   1140
IV      Ground       2              3                3                            1                   1                  1                   1700

1.   Picturesque location on Mandovi river front ....10 mins from Marari Beach.

2.   A project with all clearances including CRZ, Municipality and completion certificate

     of 26 units i.e 78 rooms.

3.   Plot area : 3 acres .

4.   Frontage on main highway : 170 ft. 

5.   Super built up area : 1,15,000 sq ft.

6.   Covered built up area : 85,000 sq ft (approx).

 7.  No of units : 144.......No of rooms : 152.  

 8.   Types of accommodation :   4 .

 9.   Min covered area of room with bathroom  : 300 sq ft.

 10. Max covered area of family suite : 1700 sq ft.

 11. Club area block : 3,300 sq ft.

12. Reception area block : 2,300 sq ft.

13. Swimming pool with kids pool.

14.  Provision for building a marina on the river with open air restaurants and bar etc.

15. Construction of most rooms are complete with bathroom, tiling, wardrobes and A /C

      fittings. Some rooms are remaining with waterproofing , plumbing and painting from

      case to case.

16. Construction of Club block , Reception, Service area and alterations remaining.

17.  All construction is as per FSI norms and is a typical resort  with more than 50

      Cottages spread all over the site.

18. In summary, the outstanding work to be completed it requires  4-6 months time and

      an expense of Rs 6-8 Crores.

19. Property is absolutely clear with no encumbrances.

20. Asking Price : Rs 65 crores  i.e Rs 43 lacs per key on as is basis ( Negotiable).

Note : After completion it will cost around Rs 45 - 46 lacs per key ( we surely believe it’s negotiable). 

We may like to point out here that the said resort was initially planned as residential project and later

converted as resort for a well known Hotel brand. It can also be observed that normal asking price for 4 

star hotel per key in Goa is not less than 80 – 85 lacs but because of the above reason its going for 

such a reasonable price.

Only genuine buyers / consultants with mandate  contact :The Property Boss