Hotel, Andalusia, Spain

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Hotel, Andalusia, Spain

8,000,000 €
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Yield: 7.5%
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Features
  • Operating Incomе: 600,000 €
  • Most recent total renovation: 2015
  • Total rooms: 48
  • Sea at 40 m
  • 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.

Financial performance

Absolute annual income is 600,000 €.

The current yield of 7.5%. 

Location and nearby objects

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.

Statistics in Andalusia

Price per m², €
1,304
Healthcare efficiency level
77
Crime rate
37
Real estate Price, €
Apartment in the city centre, m² 1,303.5
Apartment in a bedroom community, m² 925.0
Transport Price, €
Public transport, 1 ride 1.1
Monthly travel card 23.0
Taxi, 1 km 1.2
Petrol, 1 l 1.24
Food Price, €
Water, 1.5 l 0.65
Milk, 1 l 0.7
White bread, 500 g 0.82
Eggs, a dozen 1.5
Chicken fillet, 1 kg 5.0
Education Price, €
Kindergarten, per month 300.0
International school, per year 8,000.0
Health care index
Staff competence 81.25
Medical equipment 83.33
Research accuracy and completeness 75.0
Attitude towards patients 62.5
Security index
Crime rate 25.0
The risk of being robbed 36.54
The risk of car theft 57.69
The risk of break-in and property damage 50.0

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Enquire about this hotel
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 2.5% annually
    • Construction site audits
    • Management company services
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