Hotel in 40 meters from the sea, Torremolinos, Spain

7,500,000 €
Mortgage calculator
Learn the property location
Send the listing to yourself
  • Yield
    8.0 %
Details
Property parameters
  • Total rooms: 48
Financial performance
  • Annual income: 600,000 €
Transaction costs
  • Broker: 3.0 %
Distance to:
  • Sea at 40 m
Features
  • Swimming pool
  • Sea view

The operating hotel located on the second line from the sea and surrounded by the entire resort infrastructure.

Description

The hotel includes:

  • 48 rooms, 28 of which with panoramic sea views
  • bar
  • restaurant
  • recreation areas
  • offices
  • swimming pool
  • jacuzzi

Extra opportunities

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

Request details

Financial performance

The absolute annual income is 600,000 €.

The current yield is 8%.

Transaction costs

Brokerage fee is 3%.

Location

The hotel is located in the most prestigious area of Torremolinos. The population of the city is about 70 thousand people.

Torremolinos is a small resort town in Spain belonging to the province of Malaga on the Costa del Sol. The main feature of the city of Torremolinos is its coastline — more than 6 km of sandy beaches with all amenities.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other hotels for sale in Spain.

You can see more hotels for sale in Torremolinos elsewhere on our website.

Statistics in Andalusia

Price per m², €
1,304
Safely rate
63
Index 63 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

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 1.23
Food Price, €
Water, 1.5 l 0.67
Milk, 1 l 0.7
White bread, 500 g 0.95
Eggs, a dozen 1.5
Chicken fillet, 1 kg 5.0
Education Price, €
Kindergarten, per month 300.0
International school, per year 7,666.67
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
Location choice
  • more ...
  • City, Region, Country
Loading...
  • Nothing found
  • Nothing found