Description

Profitable Hotel 3* in the mountains of Catalonia – 1.69 million euros, profitability – 10%!

• Location: Catalan Pyrenees, on the banks of the river next to popular ski stations. Nearby there are also cross-country skiing trails, riding and fishing clubs, cycling, and hiking trails, picturesque lakes, and a large municipal swimming pool is 100 meters away.
• Hotel area: 1350 m2
• Land area: 1000 m2
• The hotel consists of:
• 20 rooms: 13 are doubles and 7 are family rooms.
• Restaurant for 60 seats + summer outdoor terrace for 10-12 tables. The restaurant is active always and operating both in high season and in the off-season.
• Parking.
• The hotel operates most intensively 8-9 months a year and the main occupancy is due to local guests from Catalonia, and during the high season it is also visited by national and foreign clients.
• The hotel is highly profitable, the profitability is 10% per annum (according to the last balance sheet of the full year of operation, the income was 272.000 Euro).
• In 2018, the hotel underwent a renovation in the amount of 600,000 Euros with a complete replacement of all technical installations, kitchens, furniture, and decor.
• Rating via Booking.com: 8.0 (Very Good)
• Price: 1.690.000 € + 5% agency commission.

Great investment opportunity with high yield in a ski resort in Spain!