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

6.000.000 €
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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
Swimming pool
Close to amenities
Close to transport links
Sun terrace
Breakfast area
Daily buffet
Daily cleaning service
Outdoor swimming pool
24-hour front desk
Luggage storage
Laundry service
Games room

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