Hotel, Andalusia, Spain

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Hotel, Andalusia, Spain

8,000,000 €
£6,879,000
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  • Yield
    7.5%
Details
Property parameters
  • Total rooms: 48
Financial performance
  • Annual income: 600,000 €
Property status
  • Most recent total renovation: 2015
Distance to:
  • Sea at 40 m
Features
  • Balcony or terrace
  • Swimming pool
  • Sea view

Fully renovated hotel near the beach.

Description

The hotel room capacity: 48 rooms.

Each room has a bathroom and a terrace with a view of the pool. 28 rooms have a sea view.

The hotel includes a reception area, a bar, 3 lounge areas with different decorations, a restaurant with an equipped kitchen, a pool with salt filters, a Jacuzzi, a laundry, a warehouse, the staff and administration rooms.

The building was completely renovated in 2014–2015.

The price of the property includes the building, all equipment, licenses, furniture and hotel decoration.

Now the hotel is under the owner's management.

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Financial performance

Absolute annual income is 600,000 €.

The current yield of 7.5%.

Location and nearby infrastructure

The hotel is located in 40 m from the beach in the resort town of the province of Malaga. Restaurants, bars and shops are situated in a walking distance from the building.

More properties

If this ad doesn't suit you, have a look at the other hotels for sale in Andalusia.

All ads in the country: hotels for sale in Spain.

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