Description

Building for sale, 24 tourist apartments, 2.6 million Euro, 6.15% profitability.

• Location: Albir beach, Alicante province, Spain, 400 meters from the sea.
• Albir is the city with the largest Scandinavian colony permanently resident in Spain, which provides a permanent high-value rental in the real estate.
• Building area: 1300 square meters.
• 24 apartments, 10 of them one-room, and 14 two-room.
• 6 floors, swimming pool, garden, sauna, massage room.
• In excellent condition, permanent business.
• Tourist license.
• In 2019, income was € 165,000.
• Price: 2.6 million euros + 5% agency commission.
• Bank financing is possible at 50% of the price at 1.9% for 20 years.

Excellent operating business in the best location on the Costa Blanca.