Hotel 4* for sale in Spain on the first sea line, 280 rooms, 21.3 million euros, 6% profitability!
- Location: Province of Andalusia, the first line of the beach.
- Land area: 25.700 sq.m.
- Hotel area: 13.800 sq.m.
- Consists of 280 rooms, including 5 suites and 30 apartments; two pools, one of them is heated, two restaurants, parking.
- Price: 21.3 million euros, including 2.8 million euros of CAPEX for the refurbishment and modernization of the hotel.
- The price does not include: 5% for real estate agency services, notary fees.
- It is selling with the condition to lease to the current owner, the international hotel chain for a period of at least 10 years with a payment of 6% per annum on the purchase price.
An excellent investment in a 4 * Hotel on the first line of the Mediterranean Sea with a guaranteed income of 6% per annum!!!