Description

New 4 * Hotel in Madrid city center 23 million euros, 5% profitability.

• The hotel is located right in the center of Madrid, 300 meters from Serrano Street.
• The area of ​​the hotel is 2600 sq.m.
• Opened in January 2018.
• It consists of 34 rooms, all suites.
• The hotel chain was leased with a minimum guaranteed payment of 1.150.000 euros, 5% profitability. It is possible to buy a hotel without a tenant.
• The average annual occupancy rate is 95%.
• Booking.com customer rating 9.6
• Bank financing is possible 50-60% of the cost at 1.9% per annum for up to 15 years.
• Cost: 23 million euros
• The price does not include: 5% agency commission and purchase costs

A great investment in a new Hotel in the very center of Madrid!