Description

📍 Location: Latakia Governorate — Directly on the Mediterranean Seafront
📐 Area: 14 dunums (≈14,000 m²)
📄 Ownership Structure: 35-year investment contract with Latakia Municipality

🔶 Property Overview:
This is one of the most well-known and iconic coastal venues in Syria. For years, it served as a top destination for nightlife, concerts, and leisure, regularly hosting performances by famous Syrian and Arab singers. Its reputation and historical appeal make it a premium location for tourism development.

✅ Key Features:
• Prime beachfront location on the Mediterranean
• Large, fully equipped restaurant — a former hotspot for entertainment and fine dining
• Official municipal approval to build a hotel
• Designated space for developing a Hotel and shopping center (boutique mall)
• 3 winter halls
• Storage areas and 3 professional cold rooms
• Complete infrastructure: seating, central A/C, solar power system
• 2 electric generators, display fridges, and commercial kitchen equipment

💼 Why is this a rare investment opportunity?
• Famous landmark with strong brand recognition and a vibrant history
• Existing infrastructure significantly reduces startup costs
• Long-term municipal investment contract ensures legal and operational security
• Strategically located near major urban and tourist areas in Latakia
• Ready for transformation into a high-end, integrated hospitality and leisure complex

📩 For serious inquiries or to schedule a site visit, contact us directly. Full legal and engineering support provided by the SGA team.
Syrian Golden Assets – SGA

Home