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Fantastic luxury Hotel 4 * on the first sea line in Malaga!

25.000.000 €
sold

Description

Fantastic luxury Hotel 4 * located on the first sea line in Costa del Sol, 272 rooms, 25 million €, 7% profitability!

  • The hotel is in the city center with a population of 100 thousand people in the province of Malaga, on the first line of the beach, close to yacht clubs and largest shopping centers.
  • Distance to Malaga Airport – 10 km.
  • The hotel is located on a plot of 17,000 sq.m.
  • Consists of 272 rooms and there are a restaurant, SPA and fitness centers, various swimming pools, parking.
  • The hotel is rented by a large hotel chain with a mandatory contract until 2042 with guaranteed payment to the owner of 1.750.000 euros per year, which is 7% of profitability.
  • The hotel is in excellent condition and does not require any repairs or modernization.
  • All expenses for the maintenance of the Hotel, as well as payment of local taxes, are paid by the tenant.
  • Price: 25 million Euros.
  • The price does not include 5% real estate agency services and notary fees.
  • Bank financing is possible at 50% of the price at 1.9% per annum for up to 20 years.

An excellent investment in the hotel business in Spain with a guaranteed income of 7% per annum!

Plot Size: 17 000 m2
Parking: Yes
View: Sea view
Hotel Category: 4*
Room Capacity: 272
Property REF: HM2749
First Sea Line
Air Conditioning
Heating
Swimming pool
Garden
Solarium
Security service 24h
Close to amenities
Close to transport links
Sauna
Gym
Sun terrace
Breakfast area
Daily buffet
Daily cleaning service
Bar
Restaurant
Outdoor swimming pool
Car parking
24-hour front desk
Luggage storage
Laundry service
Games room
Reformed
SPA

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