The operating hotel located on the second line from the sea and surrounded by the entire resort infrastructure.
The hotel includes:
- 48 rooms, 28 of which with panoramic sea views
- recreation areas
- swimming pool
A Golden Visa can be obtained with the purchase of this property (residence permit for investments).
The absolute annual income is 600,000 €.
The current yield is 8%.
Brokerage fee is 3%.
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.