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Awesome Hotel 3* on the first sea line in Castellon!

6.000.000 €
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Description

Hotel 3 * on the first line of the sea in Spain, 120 rooms, 6.0 million Euros.

  • The hotel is located on the first line in the province of Castellon.
  • Hotel area: 6.350 sq.m.
  • Plot area 3.900 sq.m.
  • The hotel has 120 rooms located in two 5-story buildings.
  • It was leased for 10 years to the hotel chain with a payment of € 400,000 per year to the owner, which is 6.7% per annum, with a bank guarantee.
  • A mortgage loan € 3.3 million is possible for a period of up to 20 years at 1.9% per annum.
  • Hotel value: 6.0 million €
  • Agency commission 5% is not included in the price

An excellent investment with a small entrance to the business – € 2.7 million and a high profitability of 6.7% per annum!

Property Size: 6 350 m2
Plot Size: 3 900 m2
Parking: On-site car parking
View: Sea view
Hotel Category: 3*
Room Capacity: 120
Property REF: HC2716
First Sea Line
Air Conditioning
Heating
Swimming pool
Solarium
Lift
Close to amenities
Close to transport links
Sun terrace
Breakfast area
Daily buffet
Daily cleaning service
Bar
Restaurant
Outdoor swimming pool
24-hour front desk
Luggage storage
Laundry service
Games room

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