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!
Property Size: 2 600 m2
Parking: On-site car parking
Year Built: 2018
View: Open view
Hotel Category: 4*
Room Capacity: 34
Property REF: HM3009
Close to amenities
Close to transport links