Description

4-stars Apart-Hotel in Mallorca for €3.6 million, with a 6% profitability!

• The hotel is located 150 meters from the sandy beach, 60 km from the airport.
• 4 floors.
• Major renovation in 2019.
• Consists of 30 apartments.
• All apartments feature air conditioning, free Wi-Fi, flat-screen TV, desk, private bathroom, and kitchen – all in a modern style.
• The hotel is leased and yields a 6.0% return.
• The future owner can sell the apartments as a whole or individually.
• Price: €3.6 million.
• The price does not include a 5% real estate agency commission and notary expenses.
• Additional information upon request and submission of a Letter of Information (LOI).

An excellent investment in one of the world’s most tourist regions!