HOSPITALITY & GASTRONOMIC ASSETS · ITALY

Venice Hotel for Sale

Upscale hotel of 60 keys, redeveloped and opened in 2025, for sale with sale & leaseback: a scheduled rent rising to 1.5 million from the third year.
INTRODUCING

Venice hotel for sale: an upscale hotel with a long-term lease

This Venice hotel for sale is an upscale hotel recently redeveloped, opened in 2025, in the Venice and Lido di Venezia market. It has 60 keys, a gross built area of about 3,261 sq m and outdoor areas of about 440 sq m, and it operates 365 days a year. The teaser indicates more than 12 million euros already invested in works.

The deal is a sale with leaseback: the investor buys the building while a qualified hotel operator keeps the management under a 9 + 9 year lease. The asking price is 25 million euros and the rent rises from 750,000 euros in the first year to 1.5 million from the third. On this page we separate the teaser’s data from ELRE’s calculations.

IN NUMBERS
60

keys

3.261 m²

gross built area

€25 mln

asking price

€1,5 mln

annual rent from the third year

~6%

gross rent-to-price ratio indicated from the third year

AT A GLANCE

Venice Hotel for Sale: at a glance, to decide

QuestionAnswer
What is being boughtThe hotel property, sold with a 9 + 9 year lease to an operator (sale & leaseback)
Price and rent indicated25 million euros; rent from 750,000 euros (year 1) to 1.5 million from the third year, about 6% gross
State of the assetUpscale hotel of 60 keys opened in 2025, with more than 12 million of works already carried out
Documents availableTeaser; full documentation after preliminary expression of interest and NDA
What we do not yet knowIdentity and strength of the operator, guarantees on the rent, details of the indexation, renewal terms, building titles and certifications of the works
How to get itPreliminary expression of interest to Luca Lodi, then NDA

Summary of the teaser data: details, sources and ELRE calculations are in the table further down.

THE DESTINATION

Venice hotel for sale: a destination with structurally limited hotel supply

The teaser describes Venice as one of the most recognised hospitality destinations in the world: a market structurally limited in supply and of exceptional prestige, with resilient international demand and year-round appeal in the leisure, cultural and corporate segments. The Venice hotel for sale stands in the Venice and Lido di Venezia market, according to the document.

For the regional context, the Veneto Region closed 2025 with 22.3 million arrivals and 74.2 million overnight stays, provisional data (Regione Veneto, Statistiche flash, February 2026). These are figures for the whole region, not for Venice or the hotel: they place the market, they do not estimate the revenues of the single hotel, which the teaser does not state.

Venice hotel for sale: the lagoon, the city and the Lido shot from above towards the Adriatic
Venice lagoon, image of the destination. Photo: Didier Descouens, CC BY-SA 4.0, via Wikimedia Commons.
THE ASSET

Venice hotel for sale: 60 keys, 3,261 sq m and opened in 2025

The asset is an upscale hotel recently redeveloped, with 60 keys, about 3,261 sq m of gross built area and about 440 sq m of outdoor areas, opened in 2025. The teaser presents it as a modern, turnkey product, with works already carried out — more than 12 million euros of investment — and therefore without deferred-investment risk.

It operates 365 days a year: the teaser describes it as a model not dependent solely on seasonal demand. It does not, however, provide the official category, the split of rooms, the state of the building titles or the certificates for the works: these are documents which, with a recently opened asset, are easy and right to ask for.

Venice: white cabins on the Lido beach with a rough sea
Venice, image of the destination, not of the property. Photo: Florian Fuchs, CC BY-SA 3.0, via Wikimedia Commons.
THE STRUCTURE

Venice hotel for sale: sale & leaseback with a 9 + 9 year lease

In the sale & leaseback structure the investor buys the hotel property while a qualified hotel operator keeps the management, under a long-term lease. The teaser defines it as a 9 + 9 year contract, with contracted revenues from day one, and stresses that the investor avoids direct exposure to day-to-day hotel operations.

A scheduled rent scale offers a stabilised profile from the third year. The teaser indicates an expected indexation, but refers its details to after the NDA: it is a decisive point for the Venice hotel for sale, because over nine years the real rent depends on how it is indexed.

IMAGES

Venice: images of the destination

Photographs of the destination, not of the property. Authors and licences in the captions.

THE NUMBERS

Venice hotel for sale: 25 million price and rent from 750,000 euros to 1.5 million

The asking price is 25 million euros. The indicated annual rent is 750,000 euros in the first year, 1.1 million in the second and 1.5 million from the third, with a stabilised yield of about 6.00% in the third year. The teaser specifies that the 6.00% is an approximate gross profitability on the asking price and that the economic data are indicative and subject to verification in due diligence.

From these data ELRE derives some proportions, which are calculations and not teaser figures: 25 million over 60 keys is about 417,000 euros per key; over 3,261 sq m it is about 7,670 euros per gross square metre. The rent on the price is 3.0% in the first year, 4.4% in the second and 6.0% from the third. If the rent stayed at 1.5 million from the third to the ninth year, the nine-year total would be about 12.35 million, without indexation and before costs and taxes.

THE DATA

Venice hotel for sale: the teaser's data in one table

ItemFigureSource
TypeUpscale hotel recently redevelopedTeaser
MarketVenice / Lido di VeneziaTeaser
Keys60Teaser
Gross built areaAbout 3,261 sq mTeaser
Outdoor areasAbout 440 sq mTeaser
Opening2025Teaser
Operations365 days a yearTeaser
Works already carried outMore than 12 million euros of investmentProposing party
StructureSale & leaseback; 9 + 9 year leaseTeaser
Asking price25 million eurosProposing party
Annual rent, year 1750,000 eurosProposing party
Annual rent, year 21,100,000 eurosProposing party
Annual rent, from year 31,500,000 eurosProposing party
Stabilised yield (year 3)About 6.00% gross on the asking priceTeaser
IndexationProvided for; details after the NDATeaser
Price per keyAbout 417,000 euros (25 million over 60 keys)ELRE calculation
Price per gross square metreAbout 7,670 euros (25 million over 3,261 sq m)ELRE calculation
Rent on price, years 1 and 23.0% and 4.4%ELRE calculation

The economic values are supplied by the proposing party and subject to documentary verification. ELRE’s calculations are marked as such.

THE INVESTOR AND THE PROCESS

Venice hotel for sale: the ideal investor and the five-step process

The teaser names as ideal investors family offices, qualified private investors, core and core-plus funds and income-oriented real-estate investors, and describes the asset as institutional-grade, with a core or core-plus profile.

The process has five steps: preliminary expression of interest; signing an NDA; access to the full documentation; technical, legal and financial review; site visit and indicative offer. The identity of the Venice hotel for sale and the full documentation are not on this page: they come after the NDA.

Venice: Piazza San Marco with the Procuratie under a blue sky
Venice, image of the destination, not of the property. Photo: Triplec85, CC BY-SA 4.0, via Wikimedia Commons.
THE ELRE READING

Venice hotel for sale: what to look at before assessing the investment

In a sale & leaseback the value depends on who pays the rent. Before going further we would ask for the following in writing: the identity and financial strength of the operator, with the guarantees on the rent; the details of the indexation, deferred until after the NDA; the renewal terms for the second nine years and the withdrawal clauses; the relationship between the operator and the seller; the documentation of the works worth over 12 million, with certifications and warranties; the building titles and the planning and landscape constraints of the area.

The rent starts at 750,000 euros, 3.0% of the price: the first two years yield less than the steady state. Whoever assesses the Venice hotel for sale must therefore look not only at the final 6.0%, but at the sum of the rents of the first years and at the operator’s ability to sustain the scale. It is an ELRE reading, not a teaser figure.

Venice: the colourful houses of Burano
Venice, image of the destination, not of the property. Photo: Hervé Simon, CC BY-SA 2.0, via Wikimedia Commons.
WHO IT IS FOR

Venice hotel for sale: which investor it is aimed at

The Venice hotel for sale is aimed at those who seek a contracted income on a hotel property already open and do not want to run a hotel: family offices, qualified private investors, core and core-plus funds. This is the profile the teaser indicates; ELRE’s reading is that, at a price of 25 million, it is a smaller ticket than other hotels presented in this section and suited also to private investors.

Whoever applies would do well to prepare the investor’s profile and financial capacity before the expression of interest, because the process provides for signing the NDA straight away and then access to the full documentation. This is our own methodological suggestion.

THE TERMS

Venice hotel for sale: sale & leaseback, core-plus, keys and stabilised yield, the terms to know

Sale & leaseback: sale of the property with a lease to whoever runs it, who keeps its use. Keys: the hotel’s accommodation units, here 60. Core and core-plus: low-risk real-estate investment profiles with stable income, the second with some room for improvement. Stabilised yield: the ratio between the steady-state rent, here 1.5 million from the third year, and the price; it is gross, before costs and taxes.

Indexation: the periodic adjustment of the rent, which the teaser provides for but whose details it defers until after the NDA. Capex: investment in works, here more than 12 million already carried out. Due diligence: the technical, legal and financial check the buyer carries out before making an offer; the teaser’s data on the Venice hotel for sale are indications to be verified at this stage.

POINTS OF ATTENTION

Venice hotel for sale: the points of attention of a leased hotel

A leased hotel with a rent scale has risks of its own, common to every deal of this kind. Concentration: a single property and a single tenant. The scale: the rents of the first two years are lower than the steady-state one and depend on the operator’s ability to sustain them. Renewal: at the end of the first nine years continuation depends on the tenant and on the contract’s terms. The market: limited supply supports value, but does not remove fluctuations in demand.

That is why the teaser is a first step and not an assessment: reading the Venice hotel for sale as an income-producing property requires the contract, guarantees, documentation of the works and a technical survey, which the teaser defers until after the NDA and which we would ask for in writing before any offer.

Venice: the Grand Canal with the Rialto Bridge
Venice, image of the destination, not of the property. Photo: Martin Falbisoner, CC BY-SA 4.0, via Wikimedia Commons.
HOW TO PROCEED

Venice hotel for sale: how to express interest

The first step of the process indicated by the teaser is the preliminary expression of interest. To make it for the Venice hotel for sale you write to Luca Lodi, Senior Global Investment Advisor at Elite Luxury Real Estate, using the button on this page or the Contact page, stating who you are and what kind of investor you represent.

The NDA follows, then access to the full documentation, the technical, legal and financial review and the site visit with the indicative offer. The timing of the individual steps is not stated in the teaser. Anyone assessing several deals can say so from the first message.

THE METHOD

How we present the venice hotel for sale: documents and declared data

Every figure on this page comes from the asset’s teaser, supplied by the proposing party: they are indications to be verified in due diligence and we report them as such, with attribution. Where a figure is our own calculation we say so, and we separate what the document says from what is an ELRE reading.

For the same reason we publish no net yields, hotel revenues or occupancy that are not in the document: a figure without a source is not information but a promise. The asset’s identity and the full documentation remain in the owner’s confidential process.

FAQ

Frequently asked questions: venice hotel for sale

It is an upscale hotel recently redeveloped, opened in 2025, with 60 keys and about 3,261 sq m gross, in the Venice and Lido di Venezia market, offered for sale with sale & leaseback and a 9 + 9 year lease.

It means the investor buys the property while a qualified hotel operator continues to run it, paying rent under a long-term lease. The investor does not run the hotel.

The asking price is 25 million euros, an indicative figure supplied by the proposing party and subject to verification in due diligence.

750,000 euros in the first year, 1.1 million in the second and 1.5 million from the third. Indexation is provided for but the details are deferred until after the NDA.

The teaser indicates a stabilised yield of about 6.00% gross from the third year on the asking price. In the first two years the rent is 3.0% and 4.4% of the price (ELRE calculation). It is not a net yield.

The teaser speaks of contracted revenues but does not indicate guarantees or the operator’s identity or strength. They are information to ask for after the NDA.

The teaser indicates more than 12 million euros of works already carried out and no deferred-investment risk. It should be documented with certifications, building titles and warranties.

For family offices, qualified private investors, core and core-plus funds and income-oriented real-estate investors, according to the teaser.

In five steps: preliminary expression of interest, NDA, full documentation, technical, legal and financial review, site visit and indicative offer.

No: they show the destination, Venice and the Lido, and not the property. Authors and licences are in the captions.

With the «Request information» button or from the Contact page: Luca Lodi, Senior Global Investment Advisor, receives preliminary expressions of interest.

Dividing the asking price of 25 million by 60 keys gives about 417,000 euros per key; over the 3,261 sq m gross it is about 7,670 euros per square metre. They are gross ELRE calculations, not teaser figures, and they are not a valuation of the hotel.

The rent is 750,000 euros in the first year and 1.1 million in the second, that is 3.0% and 4.4% of the asking price (ELRE calculation): less than the 6.00% the teaser indicates from the third year. Whoever assesses the hotel must look at the sum of the rents of the first years and at the operator’s ability to sustain them.

According to the teaser yes: more than 12 million euros of investment already carried out, hotel opened in 2025 and no deferred-investment risk. It is an indication from the proposing party: the documentation of the works, with certifications and warranties, is requested after the NDA.

The teaser speaks of a qualified hotel operator that keeps the management under a 9 + 9 year lease, but does not give its name or financial strength. They are information to ask for after the NDA.

ELITE LUXURY REAL ESTATE

Who looks after you

Luca Lodi, with the Elite Luxury Real Estate Real Estate team, receives expressions of interest from qualified investors and accompanies them through the confidential steps set by the owner.

Luca Lodi, Senior Global Investment Advisor at Elite Luxury Real Estate
Luca Lodi, Senior Global Investment Advisor at Elite Luxury Real Estate, is the contact named in the teaser for information and expressions of interest: he gathers the investor’s profile and directs the request to the confidential process defined by the owner.
Federico Cappellina, architect, founder of Elite Luxury Real Estate
Federico Cappellina, architect and founder of Elite Luxury Real Estate, defined the method the team uses to present assets — official documents, declared data, no promise of returns — and guarantees its standards.
THE STUDIO

Bespoke villas: the studio's projects

Those who prefer a villa designed for them can discover the projects of the Federico Cappellina studio, a business separate from Elite Luxury Real Estate.

AV Home in Dueville, a villa designed by the Federico Cappellina studio: the studio's villa projects
AV Home, Dueville — the studio's villa projects →
KEEP EXPLORING

Other pages

Hotels for sale in Italy

All the hotels in Italy that we present, with the data side by side.

Cortina Hotel for Sale

Centre of Cortina d’Ampezzo, 4 or 5-star luxury repositioning, SPA and car park planned, asking price 23 million.

Hospitality & Gastronomic Assets

The ELRE segment devoted to hotel and restaurant assets.

Venice hotel for sale: express your interest

Preliminary expression of interest and NDA: Luca Lodi receives requests from qualified investors for the Venice hotel.