Description

New Apart-Hotel in Benidorm, Spain – 1.35 million €, 8.11% profitability!

• Location: historic center of the famous resort of Benidorm, 250 meters to the beach.
• Hotel with a total area of ​​450 sq.m.  Consists of 9 studios with the author’s design, each with its kitchen, living room, bedroom, bathroom, balcony overlooking the city.
• A separate 5-story building, reception/lobby, technical premises, public restrooms, including restroom for people with disabilities, luggage storage, elevator, SMART LOCK system.
• Commissioned in the summer of 2020.  Complies with European quality standards and all municipal requirements, has all the necessary permits and licenses.
• Rented by the management company with payment of 109.560 € per year to the owner, which corresponds to 8.11% of profitability.  Also, possible own management.
• Possible bank financing for 700.000 € under 2.5% per annum for up to 15 years.
• Price: 1.350.000 €
• The price does not include 5% of the agency services, notarial expenses.
• All additional information is available on request (a detailed description, photo, video presentation, financial statements).

Excellent investment in a NEW Apart-Hotel in the most popular tourist town in Spain!