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Nice Hotel 3* by the sea in Mallorca!

15.500.000 €
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Description

Hotel 3 * in Mallorca, 189 rooms, 15.5 million €, 6% profitability!

  • The hotel is located 400 meters from the sea, close to the center of the capital of Mallorca.
  • Distance to the airport – 3 km (every 20 minutes a bus runs directly from the Hotel)
  • Hotel area: 8.300 sq.m.
  • Consists of 5 floors, 189 rooms, a restaurant, swimming pools
  • The hotel was completely refurbished and underwent major renovations in 2005 and 2017 (year built 1970).
  • The hotel is rented by a large international hotel chain with a mandatory contract of up to 15 years, with guaranteed payment to the owner of 930.000 euros per year, which is 6% profitability.
  • All expenses for the maintenance of the Hotel, as well as the payment of local taxes, are carried out by the tenant.
  • Hotel price: 15,5 million euros.
  • The price does not include 5% real estate agency services.
  • Bank financing is possible at 50% of the price at 1.9% per annum for up to 20 years.

Excellent investment in the hotel business in Spain with a guaranteed income of 6% per annum! 

Property Size: 8 300 m2
Parking: Yes
View: Sea view
Hotel Category: 3*
Room Capacity: 189
Property REF: HM2737
Air Conditioning
Heating
Fitted wardrobes
Solarium
Lift
Close to amenities
Close to transport links
Gym
Sun terrace
Breakfast area
Daily buffet
Daily cleaning service
Bar
Restaurant
Outdoor swimming pool
Car parking
24-hour front desk
Luggage storage
Meeting facilities
Events facilities
Laundry service
Games room
Reformed

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