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    Big Hotel for sale in Kigali

    • USD
    • 2,600,000.00@
    • Call now
    • DETAILS
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    Description

    HOTEL APARTMENT BUSINESS FOR SALE – KAGUGU, KIGALI

    Asking Price: USD 2,600,000

    Discover an exceptional hospitality investment opportunity in Kagugu, Kigali. This established, fully furnished apartment hotel has been operating since 2017 and offers comfortable accommodation, beautiful views, and significant potential for future expansion.

    Property Features

    • 18 furnished accommodation units, including budget rooms, studios, and two- and three-bedroom apartments.
    • Fully operational restaurant serving breakfast, lunch, and dinner.
    • Bar, pizza, and barbecue areas.
    • Swimming pool with a renovated deck and beautiful views.
    • Landscaped garden with exotic fruit trees.
    • Wi-Fi and security systems.
    • Solar and heat-pump water-heating system.
    • Trained staff and established cleaning and maintenance services.
    • Additional adjacent land for potential development.
    • Outdoor spaces suitable for private events and celebrations.

    Financial Performance

    According to the seller average annual sales of approximately USD 227,000, with estimated annual expenses of USD 128,500 and annual profit before tax of approximately USD 98,500.

    The property also offers expansion opportunities, subject to feasibility studies and the required permits. The seller estimates that adding 20 rooms could generate additional annual profit before tax of approximately USD 120,000.

    Investment Opportunity

    The asking price of USD 2.6 million includes the existing property and adjacent undeveloped land, with a combined area stated to be approximately 5,800 sqm.

    An alternative offer of USD 2 million is also indicated for the existing property's land, stated to measure approximately 2,494 sqm. All prices and terms are subject to confirmation by the seller.

    This opportunity is ideal for hotel operators, property developers, hospitality investors, and entrepreneurs seeking an established business with room for growth in Kigali.

    CONTACT EXPERT FOR AFRICA

    Your Trusted Partner in Real Estate and Investment

    Website: www.ExpertForAfrica.com

    Email: ExpertForafrica2@gmail.com

    Phone / WhatsApp: +250 784 544 916 (Rwanda)

    Phone / WhatsApp: +237 688 228 744 (Cameroon)

    Contact Expert For Africa today for more information, investment enquiries, and property viewing arrangements.

     

    Contact
    • Email:
      Show Email
    • Phone:
      +250784544916
    Property Location
    Address
    Rwanda → City of Kigali → Gasabo → Kinyinya → Kagugu
    Sale Price
    • Price
      USD 2,600,000
    Details
    • Area
      5800 m2
    • Rooms
      20
    • Bathrooms
      18
    • Beds
      18
    Maps
    • City of Kigali, Rwanda

      Get Directions
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