{"id":32646,"date":"2026-10-23T07:07:36","date_gmt":"2026-10-23T07:07:36","guid":{"rendered":"https:\/\/eliteluxuryrealestate.net\/?page_id=32646"},"modified":"2026-10-23T11:18:02","modified_gmt":"2026-10-23T11:18:02","slug":"sardinia-resort-for-sale","status":"publish","type":"page","link":"https:\/\/eliteluxuryrealestate.net\/en\/sardinia-resort-for-sale\/","title":{"rendered":"Sardinia Resort for Sale \u2014 Over 900 Rooms"},"content":{"rendered":"\t\t
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HOSPITALITY & GASTRONOMIC ASSETS \u00b7 ITALY<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia Resort for Sale<\/h1>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\tA resort of over 900 rooms with international management and an investment programme at the operator’s expense: a confidential opportunity to acquire the owning company.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tRequest the confidential dossier<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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INTRODUCING<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: over 900 rooms and management by a European group<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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This Sardinia resort for sale is a large hotel asset, entrusted to international management with a significant investment programme aimed at enhancing the property. It has over 900 rooms of different accommodation types and is run by a leading European hotel group under a contract on periods of 9 + 9 + 9 years, according to the terms of the agreement.<\/p>

The asking price is 120 million euros, negotiable, and the current yield indicated by the proposing party is about 5.5%. The deal is a purchase of shares (share deal). The exact location is not given: on this page we report the teaser’s data; detailed information is available upon expression of interest.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tSee the data in a table<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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IN NUMBERS<\/h6>\t\t\t\t<\/div>\n\t\t
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900+<\/div>\t\t\t\t<\/div>\n\t\t\t\t
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rooms<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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9+9+9<\/div>\t\t\t\t<\/div>\n\t\t\t\t
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years of contract, per the agreement<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\u20ac30 mln<\/div>\t\t\t\t<\/div>\n\t\t\t\t
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investment estimated at the operator's expense<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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\u20ac120 mln<\/div>\t\t\t\t<\/div>\n\t\t\t\t
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asking price, negotiable<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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~5,5%<\/div>\t\t\t\t<\/div>\n\t\t\t\t
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current yield indicated by the proposing party<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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AT A GLANCE<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia Resort for Sale: at a glance, to decide<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Question<\/th>Answer<\/th><\/tr><\/thead>
What is being bought<\/strong><\/td>The shares of the company owning the property (share deal), not the property directly<\/td><\/tr>
Price and yield indicated<\/strong><\/td>120 million euros, negotiable; current yield indicated about 5.5% (nature and basis of calculation to be examined)<\/td><\/tr>
State of the asset<\/strong><\/td>Resort of over 900 rooms, run by a leading European group, 9 + 9 + 9 year contract, 30 million of investment at the operator’s expense<\/td><\/tr>
Documents available<\/strong><\/td>Teaser; detailed information upon expression of interest<\/td><\/tr>
What we do not yet know<\/strong><\/td>Location, contract with the operator, investment plan, the company’s situation (debts, loans, disputes), basis of the yield<\/td><\/tr>
How to get it<\/strong><\/td>Expression of interest to Luca Lodi<\/td><\/tr><\/tbody><\/table><\/div>

Summary of the teaser data: details, sources and ELRE calculations are in the table further down.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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THE DESTINATION<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: an island of character with international appeal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The teaser describes Sardinia as an island of character with international appeal: white beaches, crystal-clear sea and landscapes of extraordinary beauty meeting an ancient culture and a hospitality tradition recognised around the world. From the most exclusive resorts to the inland villages, the island combines international prestige and Mediterranean identity.<\/p>

The photographs on this page show the destination, not the resort: the teaser does not say where the asset is, and we do not guess. It is information that weighs heavily on the value of the Sardinia resort for sale \u2014 season, connections, type of clientele \u2014 and which we expect in the detailed documentation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Sardinia, image of the destination, not of the asset for sale. Photo: Carlo Pelagalli, CC BY-SA 3.0 (cropped).<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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THE ASSET<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: over 900 rooms in different accommodation types<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The asset is a large resort with over 900 rooms in different accommodation types, entrusted to a leading European hotel group. The teaser calls it a significant hotel asset, with prospects of repositioning and enhancement in the Mediterranean hospitality market.<\/p>

At this size a resort works like a small village: the quality of the operator, the months of opening and the state of the buildings matter more than the single room. The teaser gives no areas, number of buildings or seasonality: they are data to ask for together with the site plan.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Sardinia, image of the destination, not of the property. Photo: Falk2, CC BY-SA 4.0, via Wikimedia Commons.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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MANAGEMENT AND INVESTMENT<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: 9 + 9 + 9 year contract and 30 million of investment at the operator's expense<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The contract with the international management is structured in periods of 9 + 9 + 9 years, according to the terms of the agreement: with all renewals it would be 27 years, but the teaser does not say whether the renewals are automatic or at the choice of one party, nor on what terms. The 27-year figure is ELRE’s calculation; the actual duration depends on the agreement.<\/p>

The investments of about 30 million euros are indicated as entirely at the operator’s expense, according to the information received. It is important information for a buyer, because it shifts the cost of the upgrade onto the operator; it must be verified in the contract: amount, timing, guarantees and the fate of the works at the end of the contract.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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IMAGES<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia: images of the destination<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Photographs of the destination, not of the asset for sale. Credits in the captions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tRequest the confidential dossier<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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\"Sardinia:<\/figure><\/a><\/div>
\"Sardinia:<\/figure><\/a><\/div>
\"Sardinia:<\/figure><\/a><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
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<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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THE NUMBERS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: 120 million price and a current yield of 5.5%<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The asking price from the owner is 120 million euros, negotiable. The proposing party indicates a current yield of about 5.5%, and the teaser specifies that the nature and basis of calculation of the yield will be examined in depth: it does not say whether it is gross or net, nor on what base \u2014 price, property value, capital \u2014 it is calculated.<\/p>

If the 5.5% were calculated on the asking price, it would correspond to about 6.6 million euros a year: this is an ELRE assumption, not a teaser figure. Likewise 120 million over more than 900 rooms is at most about 133,000 euros per room, a gross average that places the order of magnitude.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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THE DATA<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: the teaser's data in one table<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Item<\/th>Figure<\/th>Source<\/th><\/tr><\/thead>
Type<\/strong><\/td>Large resort, hotel asset<\/td>Teaser<\/td><\/tr>
Location<\/strong><\/td>Sardinia; location not given<\/td>Teaser<\/td><\/tr>
Rooms<\/strong><\/td>Over 900, in different accommodation types<\/td>Teaser<\/td><\/tr>
Management<\/strong><\/td>Leading European hotel group<\/td>Teaser<\/td><\/tr>
Contract term<\/strong><\/td>Periods of 9 + 9 + 9 years, per the terms of the agreement<\/td>Teaser<\/td><\/tr>
Investments<\/strong><\/td>About 30 million euros, entirely at the operator’s expense (according to the information received)<\/td>Proposing party<\/td><\/tr>
Asking price<\/strong><\/td>120 million euros, negotiable<\/td>Proposing party<\/td><\/tr>
Current yield indicated<\/strong><\/td>About 5.5%; nature and basis of calculation to be examined<\/td>Proposing party<\/td><\/tr>
Deal structure<\/strong><\/td>Acquisition of the shares of the company owning the property (share deal)<\/td>Teaser<\/td><\/tr>
Price per room<\/strong><\/td>At most about 133,000 euros (120 million over more than 900 rooms)<\/td>ELRE calculation<\/td><\/tr>
Maximum term with renewals<\/strong><\/td>27 years, if all renewals were exercised<\/td>ELRE calculation<\/td><\/tr><\/tbody><\/table><\/div>

The economic values are supplied by the proposing party and subject to documentary verification. ELRE’s calculations are marked as such.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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THE DEAL<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: purchase of shares, a share deal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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The deal described is the acquisition of the shares of the company that owns the property, a share deal. The buyer takes over the company, not just the building: with the ownership of the property come the company’s legal, tax and contractual relationships. For this reason, in a share deal, legal and tax due diligence weighs as much as technical due diligence.<\/p>

The teaser refers detailed information to the expression of interest and specifies that the data are supplied by the proposing party and subject to documentary verification. We report them as such, with the contact named in the document: Luca Lodi.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Sardinia, image of the destination, not of the property. Photo: Bakis66, CC BY-SA 4.0, via Wikimedia Commons.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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THE ELRE READING<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: what to look at before assessing the investment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Before looking further into a Sardinia resort for sale of this size we would ask for six things in writing: the location and the months of opening; the nature of the yield, whether fixed rent, variable share or operating result, gross or net; the terms of the contract renewals and of any exits; the contract for the 30 million investments, with amounts, timing and guarantees; the perimeter of the company \u2014 debts, loans, disputes \u2014 in the share deal; the ownership titles and the planning and landscape constraints.<\/p>

None of these points is in the teaser, which is normal in a first presentation. That is why we do not turn the 5.5% into a promise: it is a yield indicated by the proposing party, of which the document itself says that nature and basis of calculation must be examined.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Sardinia, image of the destination, not of the property. Photo: Antonello Masala, CC BY-SA 4.0, via Wikimedia Commons.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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WHO IT IS FOR<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: which investor it is aimed at<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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A Sardinia resort for sale at 120 million euros, to be acquired through the shares of the owning company, is aimed at investors able to sustain a complex corporate deal: funds, family offices and hotel or real-estate investors with a suitable structure. This is an ELRE reading; the teaser speaks of a confidential opportunity and refers detailed information to the expression of interest.<\/p>

Whoever assesses the Sardinia resort for sale must be able to read three things together: the contract with the operator, the plan for the 30 million of investments and the situation of the company being taken over. For this reason, beyond the financial profile, the ability to work alongside legal, tax and technical advisers from the earliest stages matters.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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THE TERMS<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: share deal, indicated yield, repositioning and due diligence, the terms to know<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Share deal: purchase of the shares of the company that owns the property rather than of the property. Indicated current yield: the percentage the proposing party communicates, about 5.5%; the teaser says that nature and basis of calculation must be examined, so it is not a guaranteed net yield. Repositioning: the set of works with which a resort changes category or clientele; the teaser cites it as a prospect, with 30 million of investment at the operator’s expense.<\/p>

Due diligence: the technical, legal, tax and contractual check the buyer carries out before deciding; for the Sardinia resort for sale it also covers the company, with its debts, loans and relationships. Expression of interest: the communication with which an investor declares the wish to receive the detailed information; it is the step indicated by the teaser.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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POINTS OF ATTENTION<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: the points of attention of a large resort<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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A resort of over 900 rooms has risks of its own, common to every deal of this kind and not specific to this one. Seasonality: a Mediterranean resort lives on months of opening and clientele mix, and the teaser does not state them. Concentration: a single large asset depends on a single operator. Investment commitments: the 30 million at the operator’s expense are a benefit for the owner only if the contract makes them binding and guaranteed.<\/p>

To these is added, in a share deal, corporate risk: liabilities, guarantees given and disputes of the company stay with the company. That is why the teaser is a first step and not an assessment: reading the Sardinia resort for sale requires the contract, the company’s accounts and a technical survey, which we would ask for in writing before any further step.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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HOW TO PROCEED<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Sardinia resort for sale: how to express interest, step by step<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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To express interest in the Sardinia resort for sale you write to Luca Lodi using the button on this page or the Contact page, stating who you are, what kind of investor you represent and whether you intend to proceed through a corporate structure. The teaser refers detailed information to the expression of interest: it is the step that opens the process.<\/p>

What the detailed information contains, which checks are foreseen and in what timeframe is not written in the teaser. Whoever is assessing the Sardinia resort for sale can ask right away for the location, the contract with the operator, the plan for the 30 million of investments and the situation of the company, the four elements on which the value of the deal depends.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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THE METHOD<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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How we present the sardinia resort for sale: documents and declared data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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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.<\/p>

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.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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FAQ<\/h6>\t\t\t\t<\/div>\n\t\t\t\t
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Frequently asked questions: sardinia resort for sale<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is the Sardinia resort for sale?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

It is a large resort, with over 900 rooms in different accommodation types, entrusted to a leading European hotel group and offered for sale through the acquisition of the shares of the company that owns the property.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tIn which location is it?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

The teaser indicates Sardinia but not the location: detailed information is available upon expression of interest.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHow much does it cost?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

The asking price from the owner is 120 million euros, negotiable. It is a figure supplied by the proposing party, subject to documentary verification.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is the yield?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

The proposing party indicates a current yield of about 5.5%. The teaser specifies that nature and basis of calculation will be examined: it is not a guaranteed net yield.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat does share deal mean?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

It means buying the shares of the company that owns the property instead of the property itself. The buyer takes over the company with its legal, tax and contractual relationships: that is why legal and tax due diligence are needed on top of the technical one.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWho bears the 30 million of investment?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

According to the information received, they are entirely at the operator’s expense. The teaser does not state timing, guarantees or the fate of the works at the end of the contract: they are points to verify in the contract.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHow long does the contract last?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

On periods of 9 + 9 + 9 years, according to the terms of the agreement. With all renewals it would be 27 years; it is an ELRE calculation and the actual duration depends on the agreement.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tDo the photographs show the resort?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

No: they show the Sardinia destination and do not refer to the asset for sale. Credits are in the captions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tHow do I ask for information?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

With the \u00abRequest information\u00bb button or from the Contact page: Luca Lodi, Senior Global Investment Advisor, is the contact named in the teaser.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWho is the Sardinia resort for sale for?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

For qualified investors able to sustain a corporate deal of 120 million euros, with legal, tax and technical advisers. Detailed information is available upon expression of interest.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tIs the 5.5% yield guaranteed?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

No: it is a current yield indicated by the proposing party. The teaser specifies that nature and basis of calculation will be examined and that the data are subject to documentary verification.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat are the main risks of the Sardinia resort for sale?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Seasonality, dependence on a single operator, investment commitments to be made binding and, in a share deal, the company’s liabilities. They are risks common to deals of this kind and must be read in the documents, which the teaser does not contain.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat is the Sardinia resort for sale worth per room?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Dividing the asking price of 120 million by more than 900 rooms gives at most about 133,000 euros per room. It is a gross ELRE calculation, not a teaser figure, and it is not a valuation of the resort.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWho runs the Sardinia resort for sale?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

A leading European hotel group, under a contract on periods of 9 + 9 + 9 years. The name is not in the teaser and is part of the detailed information available upon expression of interest.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tIs the 120 million price negotiable?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Yes: the teaser indicates it as the owner’s asking price, negotiable. The terms of a negotiation depend on the documentary checks and on the share deal, and are not in the teaser.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t