UPDATE: Isaacs sold for 9.7 million euros, 200K euros over the asking price. “We received numerous bids from both national and international investors and this significant transaction is yet another confidence boost for the Dublin hostel market, a sector which is attracting significant investor interest presently,” We don't know who the buyer is yet, but this is good news for the hostel industry in Dublin, Ireland, and Europe at large!
If you’ve got an extra 9.5 million euros lying around, boy do I have the opportunity for you! Dublin’s third largest hostel, Isaacs, is for sale. Dublin is booming and this big hostel is in a prime location. Isaac’s parent company declared bankruptcy back in 2012, but with an 8.6 average rating on Hostelworld, it seems the guests didn’t seem to notice. Here’s why if you have 10 million euros to spend, Isaacs would be a great buy.