Large four-star hotel in Andalusia.
Description
The hotel has 1000+ rooms.
The property was built less than 15 years ago.
Equipment
- SPA complex
- swimming pools
- gym
- football field
- tennis court
- restaurants
- bars
- conference rooms
- elevator
The yield is 7%.
The property is fully let to the large international hotel chain.
The lease was concluded for a period of 20 years.
The brokerage fee is 1.5%.
The hotel is located close to the beach in the city of the autonomous community of Andalusia.
Andalusia is situated in the south of the Iberian peninsula, in southwestern Europe, immediately south of the autonomous communities of Extremadura and Castilla-La Mancha; west of the autonomous community of Murcia and the Mediterranean Sea; east of Portugal and the Atlantic Ocean; and north of the Mediterranean Sea and the Strait of Gibraltar.
Among the autonomous communities, Andalusia is second only to Catalonia in tourism, with nearly 30 million visitors every year. The principal tourist destination in Andalusia is the Costa del Sol. Due in part to the relatively mild winter and spring climate, the south of Spain is attractive to overseas visitors–especially tourists from Northern Europe.