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Updated almost 6 years ago,
How to find buyers for a rural tourism hotel?
Dear community,
How would you go about promoting a rural tourism hotel with 10 rooms in the contryside of Portugal? It includes restaurant, bar, events room, etc, and is currently yielding at 7% (but has potential for much more).
I've been struggling to find the right avenues to sell it. Most agencies (local or even international like Sotheby's) are avoiding it with the excuse of "being far from the capital Lisbon", that is currently booming.
Looking for suggestions/ideas on how to tackle this. Any different strategies that you know of? Any contacts? Any niche agencies specialized in large rural properties?
Thanks a million!