Hotel 3* on the 1st sea line on the Costa del Sol, 189 rooms, 22 million €, 6% profitability!
- Best location: The hotel is located by the sea with its own access to the sandy beach, in the tourist center of the city, with convenient access to all its attractions and excellent transport links to other nearby cities.
- Distance to the city center of Malaga – 10 km. Distance to the airport – 6 km.
- Hotel area – 12.300 m2. Land area – 4.500 m2
- In the Hotel: 189 rooms (all rooms with their own balconies), a restaurant, two bars, 2 outdoor swimming pools (one heated) + a pool in the SPA area, a fitness area, a wellness center and SPA, it’s own underground parking.
- Rented by a large hotel chain for a period of 15 years, with guaranteed payment to the owner of 1.320.000 euros per year, which is 6% profitability.
- All expenses for the maintenance of the Hotel are borne by the tenant.
- Hotel price: 22 million Euro.
- The price does not include 5% real estate agency services.
- Bank financing is possible at 50% of the price at 1.9% per annum for up to 20 years.
- All additional information upon request and provision of LOI.
An excellent investment in the hotel business in Spain with a guaranteed income of 6% per annum!