For sale a profitable 3 * Hotel in Mallorca € 16.0 million
The Hotel chain sells this Hotel with a compulsory lease contract for a period of up to 20 years with the payment of 960.000 € per year (profitability of 6% per annum)
Area of the hotel: 11 800 sq.m.
Land area: 2 600 sq.m.
239 rooms for 468 people.
Cost: € 16.0 million
A possible loan of 11.2 mills.€ at 1.9% per annum for up to 15 years.
The price does not include: – 5% agency commission; – the cost of registration;
Excellent, long-term investment with a yield of 6% per annum under the guarantee of the Spanish Bank!