A rare chance: on sale the profitable Apart-hotel on the Levante beach in Benidorm: 4.5 million euros, 7% profitability!!!
The hotel is 300 meters on Levante central beach, in Benidorm.
The building has 12 floors, 36 apartments, reception, cafeteria, night porter apartment on the first floor.
On the plot, there is a swimming pool with a recreation area, private parking.
Each apartment of 45 square meters consists of a kitchen, a lounge, a bedroom, a bathroom and a terrace overlooking the sea and can accommodate 4 people.
All apartments are fully equipped with furniture and all necessary kitchen utensils: refrigerator, microwave, and ceramic hob, dishes.
If the future owner wishes, the hotel can be leased to the hotel chain for 300 thousand euros per year for up to 10-15 years, with income indexation according to the inflation rate in Spain.
All costs of operating the hotel, repair, furnishing, are borne by the Tenant.
A bank loan of 2.5 million euros for up to 15 years at 2.1% per annum is possible.
Price: 4.5 million euros
This price does not include:
– Agency commission 5%;
– Charges and taxes associated with the processing of sales of the property;
A rare opportunity to buy a ready-made profitable business in the best part of Benidorm, with a guaranteed increase of hotel value!!!