Dungloe’s Waterfront Hotel Hits Market for €4.5 Million NOW

BREAKING: The iconic Waterfront Hotel in Dungloe has just been listed for sale with an asking price of €4.5 million. This urgent announcement comes as the property, formerly known as Ostan na Rossan, is poised for new ownership, offering a prime opportunity in one of Donegal’s most scenic locations.

Located just 13 km from the award-winning Donegal Airport, which is celebrated as the “Most Scenic Airport in the World,” the hotel features 49 newly refurbished en-suite bedrooms and has planning permission for an additional 16 spacious suites. With a large bar and restaurant overlooking the Atlantic, as well as a fitness gym and expansive grounds, the Waterfront Hotel is a significant employer in the region.

The sale is being managed by Savills and TDL Horizons, with local expert Niamh Walsh emphasizing its unique value: “The Waterfront Hotel is a standout property along the Wild Atlantic Way and represents a rare opportunity to acquire a successful trading hotel in one of Donegal’s most picturesque coastal towns.” She highlighted that the hotel has undergone significant recent upgrades, enhancing its appeal and growth potential.

Tom Barrett, Director of Hotels at Savills, remarked on the hotel’s modern features, stating, “A newly refurbished hotel with a large extension ready to furnish and open presents huge opportunities for a new owner to capitalize on previous investment.” This statement underscores the hotel’s readiness for immediate operational expansion and further development.

This urgent sale announcement not only reflects the hotel’s potential for profitability but also signals a pivotal moment for the local economy. The Waterfront Hotel stands as a beacon for tourism in Dungloe, promising to attract both leisure and business travelers drawn to the area’s breathtaking landscapes.

As the news spreads, stakeholders and potential buyers are urged to act quickly. The sale presents a unique chance to invest in a thriving establishment that has already made a significant mark on the local hospitality scene.

With a growing interest in the Wild Atlantic Way and its picturesque towns, the Waterfront Hotel is positioned to thrive under new ownership. Interested parties should contact Savills or TDL Horizons for immediate inquiries and viewings.

Stay tuned for more updates as this story develops, and share this compelling opportunity with your network!