Hotel in Ireland with 135 Keys & Lakefront
Listing Price: $11M USD
Industry: Hospitality / Resort / Real Estate
Location: Ireland
Valuation: 21.8M USD
Multiple: 6–10x projected EBITDA
Overview
This is a rare opportunity to acquire a large-scale, lakefront resort property in Ireland featuring a 63-room hotel, 24 two-bedroom apartments, and 6 four-bedroom houses—totaling 135 keys. Once a fully operational resort and wedding venue, the property includes a spa, sauna, swimming pool, and expansive event space for 250 guests. Although currently closed, the resort previously served as accommodation for Ukrainian refugees and is structurally intact but requires renovation and rebranding. Set against a scenic natural backdrop, the property offers significant redevelopment potential in a growing tourism region.
Opportunities
With a comparatively low cost per key and a proven past revenue stream, this asset is ripe for repositioning. Estimated post-renovation revenue of $5.4M–$6.5M USD is based on modest 60%–70% occupancy, average ADR of $109, and ancillary revenue from weddings and F&B. Market comps suggest up to $29.5M USD valuation once stabilized. Demand for rural retreats and experiential travel continues to trend upward, positioning this asset as a high-upside turnaround.
Initial Exit Advisory Takeaway
This opportunity offers a unique blend of undervalued real estate and hospitality upside. With a projected 30%–50% appreciation over 3–5 years post-stabilization, it's a compelling target for hospitality groups or investors with turnaround expertise. While rebranding and refurbishment present risk, the discount to market key value and strong historical performance present a favourable return-risk profile. Ideal for investors seeking long-term value creation through operational improvements in a high-potential European tourism corridor.
