Hotel on the seafront, Mallorca, Spain

Additional information is provided after the signing of an NDA

Hotel on the seafront, Mallorca, Spain

24,500,000 €
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  • Yield
    6.0 %
Details
Property parameters
  • Total rooms: 178
  • Hotel rating: 4
Transaction costs
  • Broker: 5.0 %
Features
  • Beachfront
  • Swimming pool
  • Car parks

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

Extra opportunities

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

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Financial performance

The current yield is 6%.

Tenants

A lease agreement is valid for 20 years.

Transaction costs

Brokerage fee is 5%.

Location

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.

  • 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 Balearic Islands elsewhere on our website.

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