Hotel 4 * for sale on the first sea line in Spain: 228 rooms, 17.770 million euros, 6% profitability!
- Location: near the 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 them is heated, SPA center, 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!!!