For sale Luxury 4 * Spa Hotel on the Costa del Sol: 12.0 million euros, 5% profitability!!!
100 rooms. Year of construction 2002.
The area of the hotel is 12442 sq.m.
The land area is 14300 sq.m.
Located 15 minutes from Marbella, next to the golf course.
3 pools, SPA complex
Ability to build 100 rooms or apartments extra!
It was leased by the hotel chain for 10 years for 600.000 euros per year under a bank guarantee.
A mortgage of 60% of the value of the hotel is possible at 1.9% per annum for up to 15 years.
The price does not include: – 5% agency commission; – the cost of registration;
Excellent investment with a great potential for further development!!!