Sale of A 4* hotel on the first line of the sea in Spain: 228 rooms, 17.770 million euros, 6% profitability!
Location: near the city of Malaga, Andalusia, on the first line of the beach.
Land area: 4.300 sq. m.
The area of the hotel: 16.970 sq. m.
It consists of 228 rooms, including 12 suites, 2 swimming pools, one of them with heating, SPA center, conference and gyms.
Rating in Booking.com 8.9 Excellent.
Cost: 17.770 million euros, including 2.270 million CAPEX for renovation and modernization of the hotel.
The price does not include: 5% Agency services, expenses for notarization of the transaction.
Sold under the condition of renting to the current owner, an international hotel chain for a period of at least 10 years with a payment of 6% per annum on the purchase price.
Excellent investment in a 4* hotel on the first line of the Mediterranean sea with a 6% annual payment guarantee!!!
This info given here is subject to errors and do not form part of any contract. The offer can be changed or withdrawn without notice. Prices do not include purchase costs.