Four-star hotel with direct access to the beach.
Description
The hotel includes:
- 178 rooms
- restaurant
- two bars
- conference room
- indoor and outdoor pools
- parking
Financial performance
The current yield is 6%.
Tenants
A lease agreement is valid for 20 years.
Transaction costs
Brokerage fee is 5%.
Location and nearby infrastructure
The property is located on the island of Mallorca, near the beach.
Mallorca is one of the largest Balearic islands located in the Mediterranean, and one of the most popular resorts in Spain (12 million tourists visit this island annually). The capital is Palma de Mallorca.