Midoun, Medinine 4116

Djerba the hotel in rough construction! Category 4 stars with 2 pools and private beaches Located on the Tourist Road, in the best area of the island. Sale price: 5 million euros excluding taxes and selling fees Actual price: 7 million euros Renovation work with reorganization, re-equipment and upgrading are required to have a fully functional 100% hotel Cost of transformation, works and redevelopment: 1.5 million euros Total budget: 6.5 million euros (6,500,000 euros before tax and selling fees). Location and establishment offer lots of potential; there is enough land for an extension or a residential + commercial real estate project. Description: Land: 37,325 m² Current constructions: 9,200 m² with extension possibility Pool: 400 m² Fence: 775 ml Compositions: The hotel comprises 200 rooms Reception hall + welcome area American Bar Nightclub Administration Men and women sanitary block Bar Central equipped kitchen Central restaurant Sanitary block Economat Staff block Staff dining room Lingerie Three water covers (storage) Boiler Electric generator Indoor pool Gym Massage corners Sanitary block Two shops Barbecue area Central pool Two tennis courts Multipurpose sports field Administrative housing Parking An expert assessment was conducted for 14 million euros excluding tax under the auspices of the Chamber of Commerce and Enterprise of Médenine Governorate Our appraisal (see table below) is almost identical, except that we somewhat undervalue the land, which is currently sold at about 150 DT per m² up to 250 DT per m² for the roadside sections that are highly valued for commercial use!