Description

Hotel 4 * for sale on the first sea line in Spain: 228 rooms, 17.770 million euros, 6% profitability!

• Location: near Malaga city, Andalusia, on the first line of the beach.
• Land area: 4.300 sq.m.
• Hotel area: 16.970 sq.m.
• Consists of 228 rooms, including 12 suites, 2 pools, one of which is heated, a SPA center, and conference and sports halls.
• Rating on Booking.com 8.9 Excellent.
• Price: 17.770.000 €, including CAPEX 2.270.000 € for the refurbishment and modernization of the hotel.
• The price does not include 5% 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!!!